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Archive for July, 2015

Intellectual Property Challenges

Monday, July 6, 2015
posted by IMT-Webmaster

intellectual-propertyThere is rapid change in the manufacturing sector making it difficult for us to keep up with challenges and risks presented by the changing ways of working. The challenges and risks we face in intellectual property will differ with the different sub sectors. We have carefully considered the trends that are applied in the sector as they ensure our future foundations are supported and are robust. The changes we see that are driving the manufacturing sector to the future are;

  • Focus enhancement on development and research
  • Process efficiencies and innovations

The output of these changes will need design rights and patent protection so as to remain competitive. There is lack of harmony when registering the protections in different jurisdictions.

The management of intellectual property is another challenge we find in this sector. The complexity of multi inventions technologies has raised serious challenges for us that want to cash in on new interventions. From what we have observed, there is a need to integrate business strategies and patent from manufacturers.

Successful marketing of patent based products drawing from multiple inventions where ownership is spread across a number of manufacturers is quite cumbersome. As manufacturers we will have to think through our intellectual property strategy along the models of our business. Almost every complex product we produce today contains numerous inventions and technologies where most are covered by different forms of intellectual property and patents.

It will be a costly mistake for us to put off intellectual property till we are successful. The analytical frameworks that are there will help us devise patent strategies and business models. There are three main intellectual property strategies we use in different combinations are leverage, defensive and proprietary.

Additive manufacturing commonly known as 3D technology is different from traditional manufacturing and uses s to create 3D models where the 3D printer then creates the objects layer by layer. It results in cheaper missed more versatile products raising several challenges to the intellectual property laws. This creates challenges on our Intellectual property rights affecting patents, trademarks, industrial designs and copyrights.  We will need to have these laws changed so as to adapt to the issues that have been raised by 3D technology. Despite the fact that intellectual property rights are constantly being challenged by new inventions, we have adapted to the changes and flourished in the new technology era.

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