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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.
Monday, April 27, 2015
BY LINDA BAKER
Mohan Nair channels a visionary.
Thursday, May 21, 2015
BY JASON NORRIS | GUEST BLOGGER
Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.
Tuesday, March 31, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.
Friday, April 24, 2015
BY BEN DEJARNETTE | INVESTIGATEWEST
Timber companies and environmental groups take a stab at collaboration to boost logging and restoration in Oregon fires.
Monday, April 27, 2015
BY JACOB PALMER AND EILEEN GARVIN
A power lunch at Solstice Wood Fire Cafe & Bar.
Friday, March 27, 2015
BY AMY MILSHTEIN
As baby boomers sell their businesses, too many forget the all-important succession plan.
Friday, March 27, 2015
BY COURTNEY SHERWOOD | Photos by Jason E. Kaplan
Pacific Seafood, one of the world’s largest processors, is rebranding as a more transparent and consumer-friendly operation. A controversial CEO and monopoly accusations from coastal fishermen complicate the tale.
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Tourism marketing supports entrepreneurship by attracting visitors to all corners of the state.
Beaverton firm's business intelligence platform rivals that of industry heavyweights.
The Oregon Entrepreneurs Network (OEN) will be presenting its third annual Entrepreneurial Summit on Friday, June 5 at Castaway in Portland, Oregon.
On June 13th Mayor Charlie Hales will attend nonprofit organization Dream Change’s inaugural Love Summit and will introduce one of its keynote speakers, Dan Wieden of Wieden+Kennedy advertising agency.
34 spots for food, 17 places to sip, and 7 sites to choose a brew beckon visitors.