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IP Incentives
By
Kalyan C. Kankanala
Chief Knowledge Officer
Brain League IP [email protected]
Copyright, Brain League IP Services,Non-commercial use is
permitted
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What motivates people to
invent? Love for inventing Desire to improve
Financial gain Necessity or need Desire to achieve
Part of work Prestige Altruistic reasons
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Why do we need IP incentives?
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Incentives Generate
Excavate
Process
Commercialize
Quality and Quantity
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Do we need an incentive
mechanism? Westinghouse has a system and it has
done well
Bell did well without an incentive
mechanism
University of California - half of royalty
inventions increased ten fold
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Issues Type of incentives
Identification of inventors
Monetary - Calculation of compensation
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Incentives Monetary incentives
Submission Milestones
Implementation awards Employee assessment process Positional
Promotions Recognition
Gifts Dinners Plaques Certificates
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Survey in Japan Companies Positional promotion and improved
treatment
Monetary compensation
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Identifying the inventor Individual
Team
Who identifies?
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Calculation of compensation Methodology
Share of compensation
Who decides?
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Problems More records
Maintaining notes of inventors
Calculating compensation
Disinterest in working with inventor
Additional cost Unused patents
Easy patents
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Westinghouse model Substantial awards Profit center
Patent committee Engineering manager Marketing manager Patent
attorney
All Invention Disclosures are routed to that committee
eitherfrom within the division or outside the division. If
application is filed - 200 dollars If 5 applications - 500 dollars
reward Special awards for commercially viable patents - 1000 to 10,
000
dollars Certificate - 5, 10, 15 and 25 patents Plaque - 50
patents
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L and T Plan Single man patent department File patent on every
Invention
Disclosure T-shirt for every filing Recognition - email from
head office
Highest patent filings - Inventor of theyear
Free training
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Intel Idea forum
Accept invention disclosure
Filing
Grant
Commercialization
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Contact :
Kalyan C. KankanalaChief Knowledge Officer,Brain League IP
ServicesEmail: [email protected]: 080-41489502/4Url:
www.brainleague.comBlog: www.indianipinfo.blogspot.com
Thank you.
mailto:[email protected]:[email protected]://www.brainleague.com/http://www.brainleague.com/mailto:[email protected]:[email protected]://www.brainleague.com/http://www.brainleague.com/mailto:[email protected]:[email protected]
