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.

These permits cost a lot.

Now, my obsession ended up driving me to create full size prototypes in my own backyard (Laughter) and actually spending my own personal savings on everything from tooling to patents and a variety of other costs, but in the end I ended up with this modular housing system that can react to any situation or disaster.

Then it'll cost a lot to get a permit.

The Medicines Patent Pool then license those out to whoever needs access to those patents.

Over here, you've got the old, traditional corporate model special people, special places patent it, push it down the pipeline to largely waiting, passive consumers.

How much would it cost?

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

Patented to whom?

Interestingly, what he finds is and by the way, the way we look at the quality of a patent is what we call forward citations

And this is how it works

We do not release vehicles until all impound fees are paid.

The airplane patent holders were not left a choice whether they'd license their patents or not.

U. S. Patent Database

Sometimes you have to pay salespeople, so you might have sales expense, and then the stuff like the corporate office and the CEO's salary, and you have to hire auditors and accountants and all of that.

A dollar... A dollar ten?

OK, in 2007, we had an equipment expense.

Cost of Goods Sold.

And amortizing really just means spreading out the cost of this asset, just like depreciation was spreading out the cost of a physical asset.

Specials

Special Paper

Special paper

That is something that the Medicines Patent Pool cannot do.

an Act for the encouragement of learning .

The results will look much better.

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.

In the breaks of your TEDx event, it's good to provide food and beverages.

But that's not how much income we made, because there was a

listen, refine something and go back.

Now, month four You cater the last customer's event.

Uh, here there's a rider wanted,

Spare no expense.

Spare no expense.

I'm not paying for you to stay here.

(Laughter)

They're your machines, and you're renting the space.

It's a matter of cost.

Their focus is always about anticipated consequences.

But actually, it's not my fault it's from the Guardian newspaper.