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|Articles - February 2013|
|Monday, January 28, 2013|
Page 1 of 4
BY BRANDON SAWYER
Working a high-stress job for a certain semiconductor company in Hillsboro, Mark Tipperreiter needed a good night’s sleep. In the nightly battle to get comfortable, he improvised a device to support the bedcovers above his feet and legs in order to relieve pressure on them and ease sleep. A friend who suffered from gout noticed his device and asked where he could get one. Tipperreiter found through research that foot and leg pain from ailments and injuries was quite common, so he decided to build a business, Blanketbooster, around his invention. But before he could, he knew he needed a patent on his simple, effective design, which would be too easy to knock off. Within three years, in November, he received a patent, which grants him a 20-year monopoly on the device, manufactured in Portland and sold online and at Relax the Back stores in the U.S. and Canada.
“It was the right choice,” he says. “It was a cost of doing business. The cost of not filing a patent in the long run would be more expensive.”
Tipperreiter’s story shows how patents can work, but the system is beset by chronic problems that are now being addressed by new laws and policies. While it’s too early to tell how exactly these reforms will impact Oregon’s innovators, they remain undeterred by the system’s flaws or its new laws, and still find value in patents.
Problems include years of application backlog, complaints of poor-quality patents, and mounting infringement litigation clogging district and appeals courts and costing companies huge sums of money and time. This has led high-tech behemoths like Intel to stockpile patents through acquisitions and flood the system with filings. Thus armed, high-profile legal battles have resulted.
Much of the strife today is rooted in a late 1990s decision by the U.S. Patent and Trademark Office (USPTO) to allow patents on software processes. Many of these patents should have been rejected, but examiners did not initially have the resources to properly judge them. This mountain of dubious patents has given rise to so-called “patent trolls,” firms holding large patent portfolios that don’t produce anything. Their only function is to threaten and sue accused infringers for licensing fees and damages.
Wednesday, August 27, 2014
Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Wednesday, August 13, 2014
BY TOM COX | OB BLOGGER
When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
First Call Resolution targets employee well-being and client satisfaction.
How six leading foundations are working together for a better Oregon.
Vigilant enters a New Year with a new president.
Sussman Shank is proud to announce that eight attorneys have been selected by their peers for inclusion in the 2015 edition of Best Lawyers in America, the oldest and most respected peer-review publication in the legal profession.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.