Fifty-eight years ago today, Kirk Godtfred of Lego filed his patent application on the basic building block, literally, of Lego’s billion dollar private fortune. Now, here’s the thing: A patent filed 58 years ago is long expired. The then-standard-17-year term ended in 1978. So how is it that Lego is still the only game in town?
Johnson Controls and Tyco International have announced plans to merge in a multi-billion dollar deal. They will make their home together in Ireland, where they can take advantage of lower tax rates. A company has to make money, though, before it needs to worry about taxes. Lost in the Wall Street Journal’s extensive coverage of […]
In this part 2 of a series on 4 W’s of patent, we will consider the what of patent, specifically, the reasons to focus on patenting inventions that are “in your wheelhouse.” In this article, we will address three “what” questions: What is a patent? What kinds of inventions should you patent? (Are they in your […]