Patently better advice at Growing your own Business
This article was taken from the Venner Shipley Newsletter edition 21
On Saturday 24 March at the conference ‘Growing Your Own Business’ at Olympia, well-known inventor Trevor Baylis teamed up with Paul Derry from Venner Shipley to present a master-class following his seminar entitled ‘Encouraging Innovation’.
This highlight of the conference identified the key elements of an embryo company - differentiating between invention and innovation, transforming ideas into reality and a product into a business and then applying innovation to all areas of the business.
At the master-class, Paul Derry brought clear thinking on the practicalities of what a patent is, the importance of an early patent application and the fundamental value of a patent to an emerging business. He explained the mechanics and limitations of the process, the differences between patents, copyrights, registered designs, unregistered designs right and registered trademarks and the importance of filing a patent before any public disclosure of an invention is made anywhere in the world.
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