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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.
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?”
Thursday, August 28, 2014
OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Monday, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
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.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.