You wouldn't have any... (Applause)

Patented to whom?

And this is how it works

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U. S. Patent Database

That is something that the Medicines Patent Pool cannot do.

an Act for the encouragement of learning .

The Medicines Patent Pool is a voluntary mechanism.

And Chester Carlson, the inventor, was a patent attorney.

Where is the Tokyo patent office?

The end of 2009 I think you get the point you'll have a patent worth 1,000.

You're wrong.

Ice nucleation for Weather Modification .

Patented clockwork mechanical man.

Spouter Inn Peter Coffin. Coffin? Spouter? Rather ominous in that particular connexion, thought I.

(Laughter)

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Patent holders, inventors that develop new medicines patent those inventions, but make those patents available to the Medicines Patent Pool.

Here you see a patent for an arm in 1912.

And let's say that if we just did it from a cash point of view, let's say we had to buy a patent in order to make our widgets.

We could just say, oh, you know what?

You haven't patented this stuff. It's really interesting to me.

This has huge implications.

You have 400 patents?

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A patent is a blueprint for how to make an invention.

And then our snapshot, or our balance sheet at the end of 2007, will have on its assets a patent that's now worth 3,000.

Or maybe even I.D. Them?

How will I recognize the person I'm meeting?

His son will soon be 14 years old.

We had to buy a patent from some brilliant inventor someplace.

I'm not a radiologist.

KF So he's pretty frank about it not being new.

That is all there is to it. Apple has patented this.

Let's start clean up.

I brought along the patents, the specifications for some of these works, because I've had my working methods patented at the Eidgenössische Amt für Geistiges Eigentum in Bern, Switzerland.

You've invented something new. Some hardware, or algorithm, or software, etc.

Second, the practice of patent holding companies have changed.

life of the patent might be four years.

And this is what I want to talk to you about today.

material object, which covers pretty much anything.

Now, can someone own this idea?

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I already released the body.