an Act for the encouragement of learning .

Wrong.

This has nothing to do with science.

Here is the first ever slide to unlock.

Patented to whom?

And this is how it works

The last piece of intellectual property is patent.

U. S. Patent Database

The physicist, Leo Szilard, he looked at me and said, Are you going to patent this?

That is something that the Medicines Patent Pool cannot do.

U.S. patent law has changed in some important ways in the last year.

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.

(Laughter)

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

Special transport

So let's see how they what do they call it?

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?

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

And that's what this is right here.

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.

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.

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.

It's easier to interpret them and figure out what they mean.

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?

It might be Ben's management expertise.

Starting in 2005, and this is how this open government work in the U.S. really got started,