Name: Lyka C.

Halipa Course&Year: BSIT II Date: September

Learning Activity

Activity 1

Think of a common name: WatCar

Trademark:

What type of patent:

Type of patent for automobile are Utility patent, Design patents, Trademarks and Copyright.

Describe the nature of your invention and its intended use:

WatCar is a high-tech automobile I invent this intended for the his or her who is tired to drive
back home because of workloads and for a family purpose. This car has a voice recognition,
biometric,eyes sensor, speed sensor, adjustable car seat, medium size bed button, massage button,
drone button, a window camera, tire button, fridge button and Xenon headlight. It help to avoid
accidents, comfortable, easy, useful and friendly to the environment.

Cross reference invention:

Patent number 37435 Three-wheeled Benz Patent Motor Car

Summary of the invention:

The WatCar can do or solve is an auto drive and auto lock car, it has a voice recognition that use
for instructions, the handle has a fingerprint, use eye scanner to open or unlock your car, body scanner
use for scanning who can enter inside your car, give warning to any danger ahead of time, adjust the
speed if you have a young or youth children and senior citizen inside the car and infant to adult
adjustable car seat. It has medium size bed in the back seat use to relax or sleep with dim light/light
inside the car, the driver and passenger seat can massage you while if you want to relax. The drone use
to navigate while navigating you can see the outside because it has a camera, window can use to
capture a scenery or any interesting you see and you can change the cars tire into hill tires if you intend
to climb a hill for family picnic or site seeing. Give suggestions if necessary to avoid stuck in traffic jam, a
Xenon headlights produce a brighter light, it also has a mini fridge for your foods and beverages. This
invention is far from other high-tech car because it's a high-end automobile that compose of new and
unique set up type of a car and focus more on the safety of the users and needs.

Drawing and Explaination of drawing:

Apply it

If this product is developed what advantages will a patent provide for you, the investors.

If this product will be developed the advantages that I'll gain are give me the right to stop others
from copying, manufacturing, selling or importing my invention without my permission. I can get
protection for a pre-determined period, allowing me to keep competitors at bay, I can use my invention
fo myself. I can license my patent for others to use it or I can sell it.

Is there any downside to applying for this patent? Are there any other ways to protect this product
other than a patent? Explain.

Yes it has a downside applying for a patent can be a very time-consuming and lengthy process
markets may change or technology may overtake my invention by the time I get a patent. Yes there's
another way to protect it without a patent and this is the use of contracts and trade secrets to avoid
using a patent to protect the invention. Contracts protect you against investors, co-inventors,
independent contractors, and manufacturers. Trade secret protects secret information.
I. Essay

1. Which are the various drivers of IP management?

The various drivers of IP management are Capital Intensive is the generations of returns from IP
rights, Irreversible Decision forcing a business organization to develop new products and new
technologies to survive in the market and the last is Legal Protection Not Enough it's evolving innovative
marketing strategies for creating barriers to the competition.

2. Explain ‘IP value Chain’ and its utility in managing Intellectual Property.

IP value chain is vertically aligned activities that add value to the good or service in moving from
basic supplies to finished products. According to Michael Porter of Harvard Business School value chain
as a tool for identifying ways to create more value to the customer. In terms of managing IP it start with
Innovation, Protection, Management and then Utilize.

3. Explain IP Management Framework.

IP management is a tool for gaining competitive advantage in hyper competitive markets the
companies are valued on their intangible assets such as brands, IPs, goodwill, etc. It's an intangible asset
that needs proper management to guard it for getting maximum Return of investment (ROI).

4. Discuss the IP strategies used by various different organization.

The following strategy path to fully mange and ripe benefits used by various different
organization are Basic technology patent, Manufacturing process patent, Product design patent,
Appearance protection, New feature protection, Establish trade secret protection and Trademark
protection.

5. Name the business organization having a wider IP portfolio and explain how they are managing their
intellectual property.

One of this is Ford Motor Company had a wide IP portfolio in the automotive industry,
automotive manufacturers need legal protection that prevents others from taking their automobile's
design (their intellectual property - property of creations from the mind). They manage their IP through
Building a local team, All forms of protection (Trademarks, Copyright, Invention, Utility and Design),
Carefully manage your quality and last is Carefully manage your costs.