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    $17.79 list($26.95)
    1. Hot Property : The Stealing of
    $32.99 $30.00 list($49.99)
    2. Patent It Yourself (Patent It
    $14.95 $12.83 list($21.99)
    3. Patents, Copyrights & Trademarks
    4. Software Patents
    $22.95 $8.90
    5. America's Toughest Sheriff: How
    $15.72 $8.99 list($24.95)
    6. Free Culture: How Big Media Uses
    $215.00 $162.46
    7. Valuation of Intellectual Property
    $66.30 $45.49 list($78.00)
    8. Economics of Regulation and Antitrust
    $92.50 $64.99
    9. Intellectual Property: Trademark,
    $195.00 $154.30
    10. Intellectual Property: Valuation,
    $86.45 $72.86 list($95.00)
    11. The LESI Guide to Licensing Best
    $94.95 $65.50
    12. Intellectual Property For Paralegals:
    $81.90 $63.86 list($90.00)
    13. Valuation and Pricing of Technology-Based
    $16.96 $13.35 list($19.95)
    14. Will It Sell? How to Determine
    $13.57 $11.95 list($19.95)
    15. How to License Your Million Dollar
    $94.95 $72.08
    16. Communications Law : Liberties,
    $18.15 $17.48 list($27.50)
    17. Rembrandts in the Attic: Unlocking
    $27.19 $15.90 list($39.99)
    18. Open Source Licensing : Software
    $120.00 $114.96
    19. Patent Law and Practice
    $19.77 $19.74 list($29.95)
    20. Innovation and Its Discontents

    1. Hot Property : The Stealing of Ideas in an Age of Globalization
    list price: $26.95
    our price: $17.79
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    Asin: 0375402128
    Catlog: Book (2005-04-26)
    Publisher: Knopf
    Sales Rank: 2472000
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    2. Patent It Yourself (Patent It Yourself)
    by David Pressman
    list price: $49.99
    our price: $32.99
    (price subject to change: see help)
    Asin: 1413300251
    Catlog: Book (2004-04-01)
    Sales Rank: 6058
    Average Customer Review: 4.68 out of 5 stars
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    Book Description

    Celebrating 20 years of success!

    Patent It Yourself is the world's bestselling patent book, recommended by patent attorneys, inventors, librarians and journalists.

    Patent attorney and former patent examiner David Pressman takes you -- step-by-step and in plain English -- through the entire patent process, from conducting a patent search to filing a successful application.

    Patent It Yourself also covers:

    *documenting the invention process
    *successful marketing strategies
    *foreign patent rights
    *assigning and licensing your invention to others
    *and much more

    The 10th edition of Patent It Yourself is completely updated and revised, providing the latest USPTO filing rules, as well as new amendment rules, mailing rules and fees. It also covers the new European Patent Office and Patent Cooperation Treaty rules.

    Whether you're new at the inventing game or a grizzled veteran, Patent It Yourself will save you grief, time, and most importantly, money. ... Read more

    Reviews (22)

    5-0 out of 5 stars Patent It Yourself by David Pressman is a sure winner!
    If you have a great idea, but don't know what to do with it, "Patent It Yourself" by David Pressman is here to help. This book is a true blessing to both novice and seasoned inventors alike. It's organized format and light-hearted illustrations make this a truly enjoyable read. Packed to the gills with information, "Patent It Yourself" will answer virtually any question an aspiring inventor may ask. It covers everything from avoiding invention marketing companies to patent searching, from drafting a patent application to licensing your creation. The author is a practicing patent attorney registered with the U.S. Patent and Trademark Office, a former patent examiner, as well as an inventor himself with his own patents. His experience definitely shines through in each page of this work. As an inventor myself, I have truly put this book to the test. With the aid of "Patent It Yourself", I have taken two ideas from images in my head, to patented, finished products that are supplementing my income. This book has saved me thousands of dollars in legal fees and has also saved me from many a headache. I would definitely recommend "Patent It Yourself" to anyone interested in turning an idea into profit. Christine Hanisco - Lansdale, PA

    5-0 out of 5 stars Worth 6 stars
    I have used Pressman's Patent It Yourself since the late 80s to file and process 18 patents, and have saved myself and my business partner (a lot of money) in legal fees. I can't recommend this book highly enough. Pressman is not just knowledgeable, he is a master teacher, imparting information with consumate pedagogic skill. He makes learning of complex legal issues as easy as one can imagine. His prose is often humorous and entertaining as well.

    One recommendation: If you use this book to write your first patent filing, let a patent lawyer review the filing before you submit. This shouldn't cost you more than an hour or two in attorney fees and from my experience can enhance your submission and improve its chances for allowance significantly. I did this for my first several submissions and learned something each time. Eventually there was little the attorney could offer, and I then ceased the practice.

    Wish I could give 6 stars for this remarkable book.

    5-0 out of 5 stars Don't fire your attorney just because you read this book
    One area where I see this book being extremely helpful is in understanding what an attorney needs from the inventor. With a new inventor it can take forever to get the right language to put into an application. If you've read this book though you have a clearer understanding that the whole idea is taking technical language and creating a legal document. If you know the specifics and the structure of the application, preparing yourself to be most efficient with your attorney time is a great way to save on attorney bills the smart way. Having the examples ready, knowing what drawings might be required and understanding what others have already done is nothing but helpful in the process.

    That being said, the intellectual property world has many twists and turns through the process that really only someone with experiences can accurately assess. The slightest mistake in a fork in the road can mean the difference between success and failure, spending a fortune or losing it. So although this book really is excellent (spoken from experience) it cannot replace good counsel. Filing patent applications and engaging in the process of prosecuting them can be expensive anyway, with or without a lawyer. For many steps in the process having a lawyer can save you money by steering you away from expensive, unnesessary searches. Once you have a patent it doesn't mean you're free and clear to market your invention either. Licensing and cross licensing can be tricky. International circles of intellectual property law have even more hidden quagmires to circumnavigate. Many lawyers are so highly specialized that negotiating license agreements is all they do. Royalty structures can be complicated and only experience can provide the most comprehensive contracts. Having an attorney provides great leverage just in presence as well. They know how to ask the right questions and for the most part won't waste alot of time. So bottom line is this helps immensely in making the process smoother and more efficient but don't fire your lawyer if you want to be sure you make the most of whatever you created.

    Most highly recommended, this new edition has important, substantive additions that reflect changes in the law.

    5-0 out of 5 stars Use this book and save thousands!!!
    If you're thinking of filing a patent, David Pressman's Patent It Yourself is an absolute must! The patenting process is fraught with legal pitfalls that can trap even the savvyest, most experienced inventor. This book translates all of the complex, circuitous legalese that lawyers use to make law inaccessible into plain english. Chock-full with diagrams, step-by-step instructions, and tear-out forms, Patent It Yourself is a one-stop guide to patent success.
    I have no legal backround and have successfully filed four patents with this book, saving thousands of dollars in lawyers fees. If you're thinking of hiring a lawyer, think again! The average lawyer charges upwards of $5,000 per patent! Why pay all that money when you can buy a book and do it yourself for only $50? From evaluating how well your idea will sell, to preparing the actual application, to understanding international patent protection laws this book covers all of the bases. Pressman has over 40 years of experience as both a patent attorney and a patent examiner and it really shows! Buy this book, it won't let you down!

    5-0 out of 5 stars Detailed, Informative, and very fun to read
    This is a truly excellent Book. The author guides the applicant carefully through every step of a patent application, unscrambles the legalese into easy to understand terms, and then provides the legal vocabulary again to create professional sounding patent applications. This book is very useful for inventors whith any level of legal knowledge, from the total beginner to the seasoned inventor with multiple patents. Even professional patent attourneys might learn a few new tricks from this book. The author also covers all aspects of securing inventions, from the decision to patent with respect to the financial benefits, to the patent application, marketing, international patents, and licensing and infingement problems. He points out frequently made errors and gives lots of tips and tricks. A truly excellent book for inventors of all types. (This review refers to the 8th edition) ... Read more

    3. Patents, Copyrights & Trademarks for Dummies
    by HenriCharmasson
    list price: $21.99
    our price: $14.95
    (price subject to change: see help)
    Asin: 0764525514
    Catlog: Book (2004-01-26)
    Publisher: For Dummies
    Sales Rank: 42399
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    Book Description

    Having the great idea, creating the magnificent work of art, or coming up with the next fad is only the first step to cashing in on your creativity and hard work. Next up is protecting your intellectual property.

    This book is for anyone who is intrigued by those three not-so-little words: patents, copyrights, and trademarks. That means you, if

    • You think you might be the next Thomas Edison or maybe another J.K. Rowling
    • Your company has recently developed a bold new corporate logo or eye-catching trademark
    • You’re thinking of a new concept in software, one that can revolutionize the entire manufacturing process
    • You’ve just dreamed up the latest in “latest things”

    Patents, Copyrights & Trademarks For Dummies explains, in layman’s terms, the basic nature, function, and application of intellectual property (IP) rights, including how you can acquire those rights, wield them effectively against your competitors, or exploit them lucratively through licensing agreements and other rewarding adventures. This book covers all of these critical concepts, and more:

    • Working with IP professionals
    • Presenting a patent explanation
    • Determining what is copyrighted and what isn’t
    • Protecting your commercial identity
    • Inspecting the basic elements of a license
    • Determining infringement
    • Avoiding the ten worst naming blunders

    With this book at you side, you’ll have a solid grasp of the processes involved in acquiring, registering, maintaining, and protecting the intellectual property rights due you and/or your company. You’ll be able to make informed decisions and speak confidently with the IP professionals you meet along the way. And you’ll have the tools and knowledge to take care of much of the work involved in the various research and registration processes. ... Read more

    4. Software Patents
    by Gregory A. Stobbs
    list price: $195.00
    our price: $195.00
    (price subject to change: see help)
    Asin: 0735514992
    Catlog: Book (2000-07-15)
    Publisher: Aspen Publishers
    Sales Rank: 413908
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    5. America's Toughest Sheriff: How We Can Win the War Against Crime
    by Joe Arpaio, Len Sherman
    list price: $22.95
    our price: $22.95
    (price subject to change: see help)
    Asin: 1565302028
    Catlog: Book (1996-03-01)
    Publisher: Summit Publishing Group
    Sales Rank: 315837
    Average Customer Review: 3.2 out of 5 stars
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    Book Description

    An unfiltered account of Sheriff Joe's no-nonsense "get smart and get tough" approach to jail. ... Read more

    Reviews (5)

    5-0 out of 5 stars America's Toughest Sheriff: How We Can Win the War Against
    Excellent book! We need more Law Enforcement officials like Joe!

    5-0 out of 5 stars Dealing with crime and punishment
    This book takes a hard look at the criminal justice system in America and makes honest and realistic assesments. It offers proven solutions to the problems faced by law enforcement agencies nationwide. It is well known that people of the liberal persuesion dislike Sherrif Joe Arpaio, but the PEOPLE of Arizona have given him the highest approval rating of any law enforcement official in the country. This speaks for itself.

    1-0 out of 5 stars Weird
    The title suggested that this would be a action based expose of a dynamic law enforcer. Instead it turned out to be a book about prison policy. The writer is apparently a sheriff and they have some control over local jails.

    Most of the book is a description of how the author wanted to keep more people in jail but he had a shrinking corrections budget. He basically set up a concentration camp for low level offenders. (More serious offenders appear to have been kept in a normal jail)

    The author has purchased a series of tents and set up a wired perimeter. Around this he has a few guards, enough to keep people in but not the normal number you would have in a prison. To complete the economy measures he has reduced the amount of money spent on food. The average cost of meal provision is 30cents. To be able to have such cheap food the author has to purchase food that is not for sale on the normal market. Meat sausage that has turned green and the like.

    The writer has then spent most of his time showing news reporters from current affairs shows around his new prison.

    All of this could only happen in America. Some of the book is humerous in a bizarre way. Thus the author restricted the types of films available to prisoners. He for instance was keen for them to see promotional material for conservative politicans. He allowed the prisoners to see one "drama" a corny old film called "Old Yella". This film is about a loyal dog which dies in the end role. The author was of a view that this was a touching and moving film. The prisoners however thought that the film was so bad they cheered when the dog died. The author to pay them back banned all "drama's". I'm a bit with the prisoners on this issue.

    The author basically seems to be a person keen on publicity and is willing to use the vulnerable, prisoners in his care to achieve his ends.

    4-0 out of 5 stars No more pampering of thugs!
    If you want to read the story behind the U.S. Sheriff with the highest approval rating, then this is the book for you. A man that has made being in jail exactly what it should be, a punishment, not a country club with cable t.v and nautilus. Sheriff Joe has sent out a clear and concise message, "If you can't do the time, don't do the crime" The Law abiding citizens of America salute you!

    1-0 out of 5 stars Over Rated Ego Maniac Has Toots His Own Horn
    Sheriff "Joke" Arpaio, Arizona's Ego Maniac has his own book. Read on how he rapes the Maricopa County Sheriff's Office and the citizens of Maricopa County of their civil rights! ... Read more

    6. Free Culture: How Big Media Uses Technology and the Law to Lock Down Culture and Control Creativity
    by Lawrence Lessig
    list price: $24.95
    our price: $15.72
    (price subject to change: see help)
    Asin: 1594200068
    Catlog: Book (2004-03-01)
    Publisher: Penguin Books
    Sales Rank: 6113
    Average Customer Review: 4.18 out of 5 stars
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    Book Description

    A landmark manifesto about the genuine closing of the American mind.

    Lawrence Lessig could be called a cultural environmentalist. One of America's most original and influential public intellectuals, his focus is the social dimension of creativity: how creative work builds on the past and how society encourages or inhibits that building with laws and technologies. In his two previous books, Code and The Future of Ideas, Lessig concentrated on the destruction of much of the original promise of the Internet. Now, in Free Culture, he widens his focus to consider the diminishment of the larger public domain of ideas. In this powerful wake-up call he shows how short-sighted interests blind to the long-term damage they're inflicting are poisoning the ecosystem that fosters innovation.

    All creative works-books, movies, records, software, and so on-are a compromise between what can be imagined and what is possible-technologically and legally.For more than two hundred years, laws in America have sought a balance between rewarding creativity and allowing the borrowing from which new creativity springs.The original term of copyright set by the Constitution in 1787 was seventeen years. Now it is closer to two hundred. Thomas Jefferson considered protecting the public against overly long monopolies on creative works an essential government role.What did he know that we've forgotten?

    Lawrence Lessig shows us that while new technologies always lead to new laws, never before have the big cultural monopolists used the fear created by new technologies, specifically the Internet, to shrink the public domain of ideas, even as the same corporations use the same technologies to control more and more what we can and can't do with culture. As more and more culture becomes digitized, more and more becomes controllable, even as laws are being toughened at the behest of the big media groups. What's at stake is our freedom-freedom to create, freedom to build, and ultimately, freedom to imagine.
    ... Read more

    Reviews (11)

    5-0 out of 5 stars Enlightening
    In a world dominated by "ideas" (images, sounds, text, drugs, algorithms, etc.), it is (perhaps) surprising that the ongoing struggle over the control of "intellectual property" has essentially no presence in the public consciousness. Knowing perhaps a little more about copyright than the average newspaper reader, I found Free Culture eye-opening and occasionally shocking.

    Lessig provides a very readable overview of the issues and history surrounding copyright, including an inside look at his efforts to have the Supreme Court rule Congress' continual copyright extensions unconstitutional (Eldred v. Ashcroft). The strength of Free Culture is the anecdotes it presents, from 18th century publishers trying to keep Shakespeare out of the public domain to a modern corporation trying to keep Mickey Mouse out of the public domain, with minimal bias but the clear message that things are going wrong.

    Lessig falters when proposing solutions to the current crisis, which are weak and/or underdeveloped. He also occasionally displays his loony-left politics with misplaced analogies; I found his references to gun control and the war on drugs especially out of place, even misleading.

    While Free Culture is weak in spots, it may well change the way you think about intellectual property.

    You can even download the book for free!

    5-0 out of 5 stars Feudalism depended on maximum control and concentration
    A free culture supports and protects creators. The internet has established the ability for thousands to participate in the building and cultivation of culture. Laws regulating intellectual property have been laws against piracy. Copyright law regulates both republishing and transforming the work of another.

    Disney's great creativity was built on the work of others. In 1928 the average term of copyright was thirty years. Today public domain is presumptive only for work created before the Great Depression. In the world free culture has been broadly exploited. Japan has a huge market of knock off comics and does not have many lawyers.

    We celebrate property but there is plenty of value not subject to the strictures of property law. George Eastman created roll film and the upshot was the era of mass photography. The real significance was not economic but social. Now the internet allows creations to be shared, web logs, blogs, have grown dramatically. Blogs are a virtual public meeting. They are unchoreographed public discourse. Bloggers are amateur journalists.

    John Seely Brown of Xerox believes we learn by tinkering. Recording music, radio, cable TV all were technologies involving forms of piracy. The piracy problems were solved by legislation. Peer to peer sharing was made famous by Napster. It is not clear that the file sharing has caused the decline in the sale of CDs.

    In 1710 the British parliament adopted the first copyright act. In the last three hundred years the concept of copyright has been applied ever more broadly. The copyright law was a limitation on the power of book sellers. A decision in 1774 in the House of Lords held the limitation in the Copyright Act set forth the notion of a Public Domain. The common laws right of a publisher's monopoly was broken.

    A documentary film maker could not rely on the fair use doctrine in showing a short glimpse of THE SIMPSONS in an employee break room. The author claims that Jack Valenti analyzes intellectual property improperly. In 1790 Congress enacted the first copyright law. In 1976 the law changed the scheme and for all works created after 1978 there was only one copyright term, the author's life plus fifty years. For corporations the term was seventy-five years. An amendment to the law extended the term for an individual to ninety five years. Copyright protects derivative uses also.

    Technology researchers have been warned they may be in violation of the Digital Millennium Copyright Act. Technologies of the internet are open to snoops as well as sharers. The change in concentration and integration of the media is cause for concern. There should be an evaluation of the loss of independence. The author cautions that in the case of internet technology a land grab is taking place. Currently there is a widely punitive system tending to stifle creativity. The author believes that a reasonable balance between opposing interests in the area of intellectual property has been lost.

    5-0 out of 5 stars A Very Important Book
    If you care that your rights as creators and comsumers of art are being taken away by multinational corporations this is the book to read

    5-0 out of 5 stars Is Jack Valenti our most culturally-destructive person?
    About halfway through "Free Culture" author Lawrence Lessig offers his most arresting example among many to illustrate his main arguments. That example - or set of examples - comes from Adobe's eBook Reader. When using this particular piece of software to read a downloaded electronic book, you are given a set of "permissions". These include how many times you can copy from the book to the clipboard, how many times you are allowed to print selections from the book, and how many times, if any, you can have your device "Read Aloud" the book. (Other eBook readers have similar characteristics, and Lessig is quick to absolve Adobe of fault.)

    This represents one case of how technology allows content providers to introduce new restrictions that have no basis in copyright law or practice as it existed until recently. The Adobe eBook Reader allows such providers to limit even "fair use", or any use, even for books that are not in fact copyrighted. Congress and the courts have however been quick to provide shelter for this increasing control garnered and enforced by content owners. These and other trends lead to Lessig's main point: "the Internet should at least force us to rethink the conditions under which the law of copyright automatically applies, because it is clear that the current reach of copyright was never contemplated, much less chosen, by the legislators who enacted copyright law."

    As evidenced by the preceding quote, Lessig's language is seldom extreme, although the instances he cites and the conclusions he draws are truly alarming. He lays out his case in a methodical, always interesting, and frequently entertaining approach. He begins historically, leading us through the record of how we and the courts have defined "property" and "property rights", particularly as they apply to intellectual and cultural property. He demonstrates how, in the U.S., almost every segment of the media industry began with "piracy" of some sort. He cites how, until now, the decisive judgments by the courts in cases dealing with such "piracy" have almost always been in support of, ultimately, the "free" dissemination of culture.

    Essential to Lessig's story is the specific history of copyright law. In the U.S., the first such law in 1790 established a copyright term of 14 years, allowed for only one renewal (also for 14 years), and required registration. With the passage of the "Sonny Bono Copyright Term Extension Act" (CTEA) in 1998, we now have an effective term of 95 years, renewal is essentially automatic, and no registration is required. (One of the most compelling sections, although not critical to Lessig's overall narrative, is how he unsuccessfully argued in the Supreme Court against CTEA.)

    As "Free Culture" demonstrates, even more effective than recent Congressional action in stifling cultural dissemination have been the efforts of people and groups such as Jack Valenti, president of the Motion Picture Association of America (MPAA), and the Recording Industry Association of America (RIAA). The author shows that their favorite weapon is the harassment suit that overwhelms the defendants' fiscal ability to respond. Valenti and the MPAA sued to outlaw VCRs (luckily Sony did have the wherewithal to defend itself). The RIAA sued the Girl Scouts for singing around the campfire. And the two groups combined to spend about $1.5M in lobbying leading up to the passage of the Sony Bono Act.

    Lessig closes with some very specific and detailed proposals of how we can fight these increasing incursions on the free spread of culture.

    This is a valuable and necessary book. For the most part, it is lucidly argued and engagingly written. The examples, metaphors, and illustrations are plentiful and right on the mark. The flow of the book has, I think, just two lapses that, while perhaps obscure, may interfere with a reader's ability to follow Lessig's logic at critical junctures.

    One such lapse is that he does not clearly maintain the distinction between digital, Internet-based technologies for cultural dissemination and those non-digital ones which will live on. His arguments in the first half of the book seem to suggest that he believes that "hard-copy" media will eventually disappear, or at least that all new works will, at some point, be produced only via electronic means. I doubt if this is precisely how he envisions the future; he needs I think to clarify how he sees the distinction playing out.

    The second lapse is this. The ability of big media conglomerates to recruit the courts and copyright law to their side is based on a legal determination that, as Lessig puts it,"each use of the Internet produces a copy." He glides over this point without fully explaining how that is so. Since it is so vital to the whole structure of how the law deals with the Internet, and since it will seem counter-intuitive to many, it would have been helpful for the author to have fully explained it and to have done so early in the book.

    Media conglomerate attacks on music-sharing, campfire-singing, and movie-sampling may seem entirely justified to many. "Free Culture" sees and presents clearly the kind of constricted cultural future this might well lead to. My favorite passage is when Lessig writes: "lawyers are rarely empirical." Lawrence Lessig is a lawyer, and he has written a very empirical book.

    5-0 out of 5 stars Ten million reasons why copyright should be reformed
    Lawrence Lessig's "Free Culture" is nothing short of brilliant. It outlines an incredibly important modern problem that is lost under the noise of more pressing concerns like the war in Iraq or corporate scandals. That problem is the loss of our culture at the hands of intellectual property law. And what that problem lacks in immediacy and prime-time-worthy sex appeal, it makes up in long-term consequences.

    Lessig does a formidable job of making the issue come alive for both experts and laymen with his use of anecdotes that clearly illustrate how the ever-growing term and scope of copyright have stifled creativity and shrunken the portion of our culture in the public domain. He shows how the content industry is trying to redefine IP as the equivalent of tangible property, when it is not and has never been, and how that industry has manipulated Congress and the Courts to get closer to its goal.

    If you followed the Eldred v. Ashcroft case (like I did; I was lucky to be at oral argument before the Supremes), you'll want to pick up this book for Lessig's inside account. Most of it is a mea culpa for not realizing that the Court didn't want a constitutional argument, but a consequentialist one. I'm not sure this would have made a difference. The Court's right, who, like Lessig, I thought would chime in for a strict reading of what is clear language of "limited times" in the Copyright Clause, must have had some special reason for turning their backs on their originalist rhetoric and I doubt that a political argument would have changed their minds. I still can't understand what that reason might be, and I refuse to believe it's just the dead hand of stare decisis that gave Scalia pause. Lessig is obviously very upset at that Justice; while he does mention having clerked for Judge Posner, Lessig doesn't mention in his bio (neither in the dust jacket nor the back pages of the book) that he clerked for Scalia in 1990-91.

    One curious thing about the book is that throughout it Lessig implies that he is a leftist and that the ideas he is advocating are leftist. He patronizingly writes at a couple of points that he would be surprised if a person on the right had read that far. I think he is selling himself-and conservative readers-short. In fact, there is very little in the book incompatible with a conservative or libertarian free-market viewpoint. Private interests using the power of the state to distort the market and quash their competitors, and an originalist Jeffersonian interpretation of the Constitution as the response are very conservative themes indeed.

    But it's not all agreement. I, like most free marketeers, will object to parts of Free Culture. Foremost among them are Lessig's concerns about media concentration. The fact is that there are more options today in television and radio than 20 years ago, and the the explosion of Internet sites and blogs, which Lessig spends most of the book lauding, belies the idea that news can be controlled. And it is interesting that Lessig seems to understand this. He says that he has seen concentration only as market efficiency in action, and that only recently has he 'begun to change his mind'. His skepticism is reflected in the fact that he only dedicated a small section (7 pages) to the issue. Another point of contention will be some of the solutions he proposes. While I applaud the idea of shorter terms that must be renewed with payment of a token fee, compulsory licensing and fees paid out by the government out of general revenues is beyond the pail. Won't such mechanisms be ripe for corporate manipulation as well?

    Still, small quibbles aside, this book beautifully puts the IP issue in perspective. Everyone is touched by copyright whether they know it or not. This book shows us how the future of our culture is a dark one unless we change course soon. ... Read more

    7. Valuation of Intellectual Property and Intangible Assets, 3rd Edition
    by Gordon V.Smith, Russell L.Parr
    list price: $215.00
    our price: $215.00
    (price subject to change: see help)
    Asin: 0471362816
    Catlog: Book (2000-03-31)
    Publisher: Wiley
    Sales Rank: 240406
    Average Customer Review: 5 out of 5 stars
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    Book Description

    This book is designed to simplify the process of attaching a dollar amount to intangible assets be it for licensing, mergers and acquisitions, loan collateral, or investment purposes. In plain English, the authors answer key questions, such as "What is intellectual property? How do I identify it?" They also provide examples of how to exploit it and methods for determining the economic remaining lives. They explain commonly used stratgeies for determining the value of intellectual property, as well as methods used to set royalty rates based on investment rates of returns.

    The Third Edition has been significantly reorganized and revised. The book has been broken down into three sections: The Nature of Intellectual Property, Valuation, and Unique Circumstances. Revised and expanded to include up-to-date information on: including market value and accounting value, capitalization, licensing an royalty rates, domain name valuation, embryonic technology valuation, and university technology transfers. Also covered are tax strategies, income contribution, discount cash flow, infringement litigation, and bankruptcy and their impact on the valuation of intellectual property andintangible assets. The appendices include investment rate of return requirements, the Use and Abuse of the Iowa Curve, Sample Patent Registration, Sample Copyright Registration, and Sample Copyright Registration. This book is supplemented annually. ... Read more

    Reviews (2)

    5-0 out of 5 stars Wow!
    I paid Amazon about $250.00 for this book six months ago and it is worth every penny. I am not a CPA so I can only read 30 - 40 pages at a time and then my head starts swimming.

    However, I am a senior manager at a company whose value is almost 100% dependant on our intellectual property and intangible assets and this book has been my guide in setting policy. I take it with me on every plane flight (about every two weeks) and re-read a section.

    5-0 out of 5 stars Very accurate
    Gordon V. Smith,and Russell L. Parr present in detail the theory and methodology associated with the identification, valuation, and economic analysis of intangible assets. The book provides the necessary skills, judgement, and knowledge to truly understand the entire process of intangible valuation. ... Read more

    8. Economics of Regulation and Antitrust - 3rd Edition
    by W. Kip Viscusi, John M. Vernon, Joseph E. Harrington
    list price: $78.00
    our price: $66.30
    (price subject to change: see help)
    Asin: 0262220628
    Catlog: Book (2000-07-21)
    Publisher: The MIT Press
    Sales Rank: 246554
    Average Customer Review: 3 out of 5 stars
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    Book Description

    Departing from the traditional emphasis on institutions, this text emphasizes the use of economic theory and empirical analysis to understand regulatory and antitrust policies. Questions addressed include: What are the market failure rationales for, and appropriate form of, government intervention? What does theory show about competition in the presence of a market failure and the implications of government intervention to correct that failure? What do empirical analyses indicate about our regulatory experience and the direction of future intervention?

    The third edition addresses many issues that have recently dominated the economic and political landscape. New material reviews the government's case against Microsoft, charges of anticompetitive pricing in NASDAQ and airlines, the blocked Staples-Office Depot merger, and the Telecommunications Act of 1996. This edition also covers the deregulation of the California electric power industry as well as recent deregulatory efforts in bank branching and natural gas transmission. On the social regulatory scene, it covers in detail recent cigarette litigation and the contentious issue of the contingent valuation of natural resource damages, as exemplified in the Exxon Valdez oil spill. New empirical evidence appears throughout the book.

    Each part of the text can be used separately for a variety of courses including regulation and antitrust in undergraduate institutions, business schools, and schools of public policy, as well as background for doctoral courses. Exercises are included at the end of each chapter.
    ... Read more

    Reviews (2)

    1-0 out of 5 stars This Book Stinks
    If you are looking for a nonconsistant book that jumps around and does not follow through on its explanation of certain topics than this is the book for you!

    5-0 out of 5 stars Review of Economics of regulation and antitrust
    This work provides an excellent overview of the field of regulation from an economic point of view. The primary focus is economic rather than institutional -- as a result it is more appropriate for economists than for legal scholars. Although the book does not require extensive training in economics, it does assume some formal knowledge of basic economic concepts. Since its focus is economic, little time is spent discussing legal cases surrounding many of the regulations compared with, for example, Law, Business, and Society, by McAdams, et. al. ... Read more

    9. Intellectual Property: Trademark, Copyright And Patent Law (University Casebook Series)
    by Rochelle Cooper Dreyfuss, Rochelle Dreyfuss, Roberta Kwall
    list price: $92.50
    our price: $92.50
    (price subject to change: see help)
    Asin: 1566628121
    Catlog: Book (2004-05-07)
    Publisher: Foundation Pr
    Sales Rank: 668945
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    Book Description

    This publication is an update of the casebook covering all aspects of Intellectual Property. ... Read more

    10. Intellectual Property: Valuation, Exploitation, and Infringement Damages
    by Gordon V.Smith, Russell L.Parr
    list price: $195.00
    our price: $195.00
    (price subject to change: see help)
    Asin: 047168323X
    Catlog: Book (2005-04-15)
    Publisher: John Wiley & Sons
    Sales Rank: 237658
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    Book Description

    This book is designed to simplify the process of attaching a dollar amount to intangible assets, be it for licensing, mergers and acquisitions, loan collateral, or investment purposes. It provides practical tools for evaluating the investment aspects of licensing and joint venture decisions, and discusses the legal, tax, and accounting practices and procedures related to such arrangements; examines the business economics of strategies involving intellectual property licensing and joint ventures; and provides analytical models that can be used to determine reasonable royalty rates for licensing and for determining fair equity splits in joint venture arrangements. ... Read more

    11. The LESI Guide to Licensing Best Practices: Strategic Issues and Contemporary Realities
    list price: $95.00
    our price: $86.45
    (price subject to change: see help)
    Asin: 0471219525
    Catlog: Book (2002-05-15)
    Publisher: Wiley
    Sales Rank: 77831
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    Book Description

    A definitive resource for professionals in licensing and technology management

    In this comprehensive guide to licensing best practices, esteemed members of the Licensing Executives Society International offer in-depth discussion of a broad range of important topics in the field of licensing, including:

    • Licensing issues in Europe, Asia, Australia, the Middle East, South Africa, and Latin America
    • Technology valuation
    • Technology management consulting
    • Licensing agreements and strategic partnerships
    • The expansion of the licensing profession
    • Patent procedures and protection in Europe
    • Trade secrets law and intellectual property assets
    • Issues in copyright, software, and Web sites
    • Trademarks, trade names, and trade dress
    • Licensing in the biotechnology industry
    • Pharmaceutical licensing
    • University licensing trends
    • Technology rights that are financial assets and instruments
    • IC-based corporate carve-outs
    • Licensing and litigation
    • ADR
    ... Read more

    12. Intellectual Property For Paralegals: The Law Of Trademarks, Copyrights, Patents, And Trade Secrets (West Legal Studies Series)
    by Deborah E., Esq Bouchoux, Deborah E. Bouchoux
    list price: $94.95
    our price: $94.95
    (price subject to change: see help)
    Asin: 1401842879
    Catlog: Book (2004-07-01)
    Publisher: Delmar Publishers
    Sales Rank: 312680
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    13. Valuation and Pricing of Technology-Based Intellectual Property
    by RichardRazgaitis
    list price: $90.00
    our price: $81.90
    (price subject to change: see help)
    Asin: 047125049X
    Catlog: Book (2003-04-22)
    Publisher: Wiley
    Sales Rank: 73770
    Average Customer Review: 5 out of 5 stars
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    Book Description

    Proven methods to account for risk and assign value

    To develop or not to develop? To license or not to license? What price will be a true reflection of the product’s value from the buyer’s and seller’s points of view? These are the compelling questions that confront developers of cutting-edge technologies years before those technologies will reach the marketplace. In Valuation and Pricing of Technology-Based Intellectual Property, Richard Razgaitis offers complete coverage of the issues, methods, and art of valuing and pricing "early-stage" technologies.

    Razgaitis draws upon over thirty years of experience in developing technology-based intellectual property to thoroughly examine this volatile process from all angles. He presents six proven valuation methods, and a series of case studies that show them in action. Topics covered include:

    • Paradigm licensing
    • Stacking
    • Stage development
    • Rate-of-return available for different risks
    • Using real options

    Valuation and Pricing of Technology-Based Intellectual Property will be an essential addition to any licenser’s, developer’s, or IP lawyer’s professional library. ... Read more

    Reviews (1)

    5-0 out of 5 stars Some thoughts from a competing author
    Dr. Razgaitis has tackled an area that contains the most difficult question facing professionals and intellectual property owners - how to value and price embryonic technology.

    In recent years many have attempted to educate us on the subject of valuing intellectual property. Complex financial theories and spread-sheet models emerged, especially during the e-business bubble as some strove to explain the unexplainable valuations of enterprises whose only assets were intangible. Dr. Razgaitis obviously knows and understands the theories, but doesn't let the reader escape into flights of fancy, instead bringing one back to earth gently, sometimes with humor, sometimes with real-life anecdotes.

    This book allows the reader to seek information to a depth that he or she wishes. As an example, the Monte Carlo technique is presented in all its complexity for those willing and able to study it. At the same time, mathematically challenged readers can still come away with an understanding of what is going on. The author is skilled in clearly explaining complexities and the many well designed charts and tables greatly assist the reader.

    These are just some of the features that set this book apart and give it a strong practical value to all of those who create and exploit technology assets, and to those who advise them. Anyone in those roles should have this book within easy reach. ... Read more

    14. Will It Sell? How to Determine If Your Invention Is Profitably Marketable (Before Wasting Money on a Patent)
    by James E. White
    list price: $19.95
    our price: $16.96
    (price subject to change: see help)
    Asin: 0967649404
    Catlog: Book (2000-01-30)
    Publisher: James E. White & Associates
    Sales Rank: 36709
    Average Customer Review: 5 out of 5 stars
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    Book Description

    Describes many inexpensive ways inventors can figure out, while protecting all patent rights, what their idea's real value is long before it's necessary to spend money on the patent. Dozens of Internet and other resources are provided with complete instructions for using them to your best advantage. This book is designed as the first book a new inventor should read to figure out what they need to do, where they can get help, and how to avoid the costly pitfalls that every inventor faces. The marketing information provided and the many referrals to other resources will also be valuable to experienced inventors seeking to expedite the costly process of entering an unknown market. ... Read more

    Reviews (2)

    5-0 out of 5 stars Prepare Yourself for the Real World of Invention
    "Will It Sell?" is deap reading for the "idea person" who thought that there was a pot of gold waiting at the end of the "good idea rainbow." James E. White, author, tells you like it is--he doesn't mince words. He digs out every fact and every reason why your inventive idea can "fail," but he hopes that you will be the one-in-one-hundred-inventors whose invention won't fail.. He will be your mentor. When Jim explains a fact and each step to follow, you get the feeling that he is looking over your shoulder, correcting and helping you in your every move. "This is the book." If you think reading it is tough, then don't become an inventor. He'll tell you "how to get there," with every reference on each of the 300 pages. And he shows, like no other author, that if you fail on any one stage, don't even think about averaging-out the stages of invention to Pass. He tells the truth-- "No one said it would be easy." -- Who am I to tell you about "Will It Sell?" -- only the President of the Inventors Association of St. Louis, a large inventors' helping organization founded in 1984, that augmented in 1990 the United Inventors Association of the USA - which has over 3000 members. That's who! BUY THE BOOK - "WILL IT SELL"

    5-0 out of 5 stars For anyone considering bringing their invention to market
    Will It Sell? was specifically written for anyone considering bringing their invention to market. A key consideration in marketing a new idea or product is to determine its profitability, especially before investing capital on a patent. James White's practical, "reader friendly" informational manual will provide the non-specialist general reader with inexpensive techniques and practical steps to take in assessing whether or not their invention will be commercially viable. Fundamental issues are clearly addressed such as what a patentable invention is, the step for "idea development" and "product development"; advertising claims, getting professional help, even doing your own patent search. Dozens of Internet resources are provided with instructions for how best to utilize them. If you have an idea or an invention that you want to make money with, begin by a carefully reading of James White's Will It Sell?. ... Read more

    15. How to License Your Million Dollar Idea: Everything You Need To Know To Turn a Simple Idea into a Million Dollar Payday, 2nd Edition
    by HarveyReese, Harvey Reese
    list price: $19.95
    our price: $13.57
    (price subject to change: see help)
    Asin: 0471204013
    Catlog: Book (2002-06-28)
    Publisher: Wiley
    Sales Rank: 11403
    Average Customer Review: 4.75 out of 5 stars
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    Book Description


    We all have great ideas, and every day, ordinary people turn their simple, clever ideas into products or services that earn them millions in royalties. So what separates those who earn money exploiting their ideas from those who dont? The answer is in your hands; this book gives you all the information and all the motivation you need to turn your ideas into money without investment or financial risk.

    In How to License Your Million Dollar Idea, Second Edition, Harvey Reese, a successful new product developer, consultant, and licensing agent, reveals his system for creating commercially profitable ideas and his secrets for turning them into lucrative licensing agreements. Not only will you find nuts-and-bolts information on the licensing process, youll also learn how to formulate an idea and find the motivation to grow that idea into a fortune.

    Totally revised and updated, this Second Edition covers recent changes in patent law and how the Internet has impacted modern licensing. Reese includes his proven step-by-step process for formulating an idea that manufacturers are willing to pay for, researching its authenticity, obtaining patents, finding prospects, negotiating the deal, and beyond. Filled with examples of successful, well-known licensing ventures, How to License Your Million Dollar Idea, Second Edition also features an expanded appendix of sample patent forms, licensing agreements, disclosure statements, publications, contact information, and more. ... Read more

    Reviews (4)

    5-0 out of 5 stars A Step by Step Guide For Turning You Ideas Into Income
    Let me start by saying what this book is not. This book is not a detailed step by step guide to patenting. Nor a detailed legal guide to structuring a licensing agreement.

    This book is a guide to help everyday people make money by designing and licensing nearly anything to companies looking for new or differentiated products. Mr. Reese offers up a clear and fresh perspective on the whole process from idea development to setting up meetings to contractual agreements. He covers how to patent & copyright, and guides you through when and how to contact an attorney.

    Mr. Reese challenges the reader to become product developer, not an inventor. What this means is that if you can help companies make money and gain an edge on their competition, they will be more than happy to give you a percentage of the sales. There are lots of inventors that are good inventors but weak in the selling and licensing of their hard work. This book articulates what steps there are between an idea in your head and money in the bank.

    This is by far the single greatest collection of practical wisdom I have found relating to everyday products and their licensing. My only complaint is that I wish I had discovered this book sooner.

    4-0 out of 5 stars mr. reese will have his cake and eat it too!
    i can recommend this book...if you're a person with an idea, this book may just help you move ahead instead of allowing your lack of knowledge about how to capitalize on your idea paralyze you...easy to read, and there are some very key ideas in the book

    but i was disappointed in one regard: the premise of the book is that mr. reese will tell you how you can convert your idea into money in your pocket by licensing your idea...he says you can handle the licensing process yourself.....but then he identifies his website, where he basically says 'maybe you should leave the challenging licensing process up to a pro like me' and points out that his take for acting as your licensing agent is the first $50k/ year, plus 20% after that

    so on the one hand, the pitch is 'buy my book, and i'll show you everything you need to know to license', and on the other it's 'actually, you might be better off to pay me to act as your licensing agent'..........

    5-0 out of 5 stars Packed with useful, 'You can do it!' information
    This is an inspirational read about something that many people dream of, but feel is simply not something they could do. If you are someone who comes up with ideas, but has done nothing but wait for someone else to cash in on them. This is a book for you. You don't have to spend thousands to make and sell your invention, you can get someone else to spend it for you! They take the big risk and you get cut of the profits. Harvey Reese takes you from idea creation to the final deal, in a positive and informative way. Here is a guy who has licensed hundreds of his own products letting you know how you can do it too!

    5-0 out of 5 stars Sane, sensible and honest
    Harvey Reese gives excellent and straightforward advice on what I used to think was an awesomely complex topic. Structurally, the book is well organized, simple to follow and written in language anyone can understand. His style is intelligent and interspersed with humor, examples, and concrete information. He not only details the steps, (he loves lists) he also tells the reader what to avoid and why. And he addresses the human issues. He talks about frustration, disappointment, commitment.

    Reese demystifies the legal mumbo-jumbo and makes the subject of licensing understandable to anyone. I've read hundreds of "how-tos" in the business genre, many that vastly oversimplify difficult subjects. This one tells it all - the good, the bad and the ridiculous. Ultimately, it is both believable and usable. Reese's book is an outstanding and inspiring resource for anyone with ideas. ... Read more

    16. Communications Law : Liberties, Restraints, and the Modern Media (with InfoTrac)
    by John D. Zelezny
    list price: $94.95
    our price: $94.95
    (price subject to change: see help)
    Asin: 0534617948
    Catlog: Book (2003-06-18)
    Publisher: Wadsworth Publishing
    Sales Rank: 378400
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    Book Description

    The new edition of COMMUNICATIONS LAW continues with the reviewer-praised readability, coverage of core topics, and currency that have been its consistent strengths. The author's hypothetical exercises have been a favorite among both professors and students. As in previous editions, the Fourth Edition includes a thorough update of cases to keep the text current. ... Read more

    17. Rembrandts in the Attic: Unlocking the Hidden Value of Patents
    by Kevin G. Rivette, David Kline
    list price: $27.50
    our price: $18.15
    (price subject to change: see help)
    Asin: 0875848990
    Catlog: Book (1999-11-01)
    Publisher: Harvard Business School Press
    Sales Rank: 146523
    Average Customer Review: 3.78 out of 5 stars
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    If you think patents are just about protecting inventions such as the film projector, you're missing the big picture. Now that ideas can be protected--for example,'s business model--patents can be wielded to intimidate competitors, uncover their strategies, capture market segments, and, for many companies, generate millions in licensing revenues. Whether patented ideas will ultimately help or hinder innovation is still under debate (seeOwning the Future). In Rembrandts in the Attic, however, authors Kevin Rivette and David Kline get down to business, offering practical advice for competing in today's intellectual property arena.

    Their advice ranges from the simple to the sublime. First, they suggest, take stock of the patents you already own. Many companies are sitting on unused patents that could be worth millions. For example, IBM licensed its unused patents in 1990, and saw its royalties jump from $30 million a year to more than $1 billion in 1999, providing over one-ninth of its yearly pretax profits. And if you can't find buyers for your unused patents, then look for companies that are infringing upon them--companies that might owe you a piece of their profits. Rivette and Kline offer "patent mining" techniques to spot such potential infringers that can also reveal where your competitors are headed and help you get there before they do. Overall, Rembrandts in the Attic is a crafty and practical guide for companies that may have untapped riches in storage. --Demian McLean ... Read more

    Reviews (9)

    5-0 out of 5 stars Must Reading for Entrepreneurs, Inventors, and Managers
    Spellbinding. I laughed. I wept. How could Xerox PARC miss a $500,000,000 patent opportunity in the graphical user interface? Easy, they didn't recognize that someone else might have a use for something they had no use for. Yes, I laughed and I cried.

    2-0 out of 5 stars A book on why you should have an IP strategy
    This well written book will convince you that an IP strategy is important. If you have some "entry-level" understanding of the strategic concepts related to IP, this book will be of little help. The concepts presented are of interest but they are presented from a superficial perspective. For instance, the concept of IP map is interesting and is accessible from one of the author's consulting firm...

    5-0 out of 5 stars Rembrandts and Understanding the New Economy
    I would like to put Rembrandts into the context in which it was created. Rembrandts was conceived and co-authored by my friend and business partner of the past 15 years, Kevin Rivette. We co-founded Aurigin Systems,Inc., formerly SmartPatents, Inc., in 1992 to make it easier for people working with patents to do their work. From this beginning Aurigin and, particularly, Rembrandts, have helped transform the way intellectual property(IP) is viewed in the business community. Historically, IP was viewed strictly as a legal right, but Rembrandts shows why, in a knowledge-based economy, IP rights are one of the most fundamental business assets, that often determines the success or failure of an enterprise. Understanding the fundamental importance of IP and why it needs to be strategically managed are the underpinnings of Rembrandts. Using the book as a guide post and Aurigin's innovation asset management solutions, allows companies to: 1) understand the IP rights they own; 2) visualize how those rights fit into the competitive landscape with others' IP; 3) help determine where to place their future R&D efforts; and 4)help decide how to strategically leverage their IP rights to help determine their new business directions, increase return on investment and, ultimately, increase shareholder value. The purpose of Rembrandts was not to set forth a cookbook of how to manage IP. Rather, the book was intended to help CEOs and other business, accounting and legal professionals understand the fundamental function and purpose of IP as a highly protectable and leverageable business asset in today's economy, whether in an old-economy or a new-economy company. I believe the book very successfully achieves that purpose in a highly engaging and easy-to-read style, with many real world examples and interviews.

    Rembrandts will stand the test of time and, in hindsight, it will become a business school primer on the strategic business function of IP, as well as identifying IP as one of the critical elements in the shaping of the new global economy. I highly commend Rembrandts to any business executive, entrepreneur, accountant, economist, government official, lawyer, business consultant, business school professor or student of the business world trying to understand and operate in the new knowledge-based, global economy.

    4-0 out of 5 stars Patents as a form of token
    A fine book written by good story tellers. It described how patents can be used as an asset, or even as a kind of currency, an exchange token, but it lacks depth.

    I am interested in Apple's failure to manage its IP. While Xerox was forced to license their photocopy technologies, Apple was doomed because they failed to license their Macintosh user interface to other developers. They have always been a hardware company. They sell underpowered and overpriced plastic cases with miserable circuits. They could have license the look-and-feel to all system builders, and let the Macintosh UI become a _de facto_ standard, but they haven't. While they were making easy money, Microsoft's Windows dominates the market, few people ever know how fun it could be to use a well-designed interface. Nobody follows Macintosh interface today.

    And now they have to abandon their original look-and-feel to be more Windows-like (from OS 8). And finally they have to migrate to a mixture of Windows and NeXT when OS X finally ships in the future (hopefully). It is absolutely a bad move not to let others share your IP, but this book did not talk about it.

    As IP becomes more valuable, many may improperly follow other people's advise to closely guard their IP. As suggested in this book, IP can worth a lot. A dead company can make huge profit from selling their patents. However, if badly managed, your IP can be your worst burden.

    This book really worths the money. But if it's worthy of your time, that's up to you to judge.

    5-0 out of 5 stars Patents in the light of the e-commerce revolution
    A patent gives its owner the right to prevent anyone else from using the invention that is protected by the patent. In a society where new technology plays an increasingly important role, the individual or corporation may find that owning a few patents, or better yet a large portfolio of patents, may be the key to success. This is independant of whether the patent holder practices the technology of the patent.

    The authors discuss patents in the light of the e-commerce revolution. They suggest the use of patents in a strategic manner. They provide illustrations and examples of successful patent strategies. Although much of what they say may be known to those who are in the race to establish business method patent portfolios, even those who think that they know what patents are all about can learn something from this book. ... Read more

    18. Open Source Licensing : Software Freedom and Intellectual Property Law
    by Lawrence Rosen
    list price: $39.99
    our price: $27.19
    (price subject to change: see help)
    Asin: 0131487876
    Catlog: Book (2004-07-22)
    Publisher: Prentice Hall PTR
    Sales Rank: 61110
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    19. Patent Law and Practice
    by Herbert F. Schwartz
    list price: $120.00
    our price: $120.00
    (price subject to change: see help)
    Asin: 1570184224
    Catlog: Book (2003-09-01)
    Publisher: BNA Books
    Sales Rank: 360138
    Average Customer Review: 5 out of 5 stars
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    Reviews (1)

    5-0 out of 5 stars Patent Law, period.
    Within this book are the basics that you need to know about patent law in a clear and concise presentation. Not to mention all the secondary references to supplement each and every concept in the book. There is no better overview of patent law. ... Read more

    20. Innovation and Its Discontents : How Our Broken Patent System is Endangering Innovation and Progress, and What to Do About It
    by Adam B. Jaffe, Josh Lerner
    list price: $29.95
    our price: $19.77
    (price subject to change: see help)
    Asin: 069111725X
    Catlog: Book (2004-09-15)
    Publisher: Princeton University Press
    Sales Rank: 5326
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    Book Description

    The United States patent system has become sand rather than lubricant in the wheels of American progress. Such is the premise behind this provocative and timely book by two of the nation's leading experts on patents and economic innovation.

    Innovation and Its Discontents tells the story of how recent changes in patenting--an institutional process that was created to nurture innovation--have wreaked havoc on innovators, businesses, and economic productivity. Jaffe and Lerner, who have spent the past two decades studying the patent system, show how legal changes initiated in the 1980s converted the system from a stimulator of innovation to a creator of litigation and uncertainty that threatens the innovation process itself.

    In one telling vignette, Jaffe and Lerner cite a patent litigation campaign brought by a a semi-conductor chip designer that claims control of an entire category of computer memory chips. The firm's claims are based on a modest 15-year old invention, whose scope and influenced were broadenedby secretly manipulating an industry-wide cooperative standard-setting body.

    Such cases are largely the result of two changes in the patent climate, Jaffe and Lerner contend. First, new laws have made it easier for businesses and inventors to secure patents on products of all kinds, and second, the laws have tilted the table to favor patent holders, no matter how tenuous their claims.

    After analyzing the economic incentives created by the current policies, Jaffe and Lerner suggest a three-pronged solution for restoring the patent system: create incentives to motivate parties who have information about the novelty of a patent; provide multiple levels of patent review; and replace juries with judges and special masters to preside over certain aspects of infringement cases.

    Well-argued and engagingly written, Innovation and Its Discontents offers a fresh approach for enhancing both the nation's creativity and its economic growth.

    ... Read more

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