Legal Values: Commercializing IP

Quick Info
(3591M.03)  Seminar
Instructor(s)
S. Lam & A. de Fazekas; Adjunct Professors
Fall
3 credit(s)  2 hour(s);
Presentation
The course will include a combination of presentation by the instructors on seminar topics and guided discussion on case study scenarios associated with the seminar topics.
Upper Year Research & Writing Requirement
No
Praxicum
Yes

Navigating legal issues is crucial to the commercialization of new technologies. This course will examine the application of substantive intellectual property (IP) law in the context of IP management for in-house lawyers or IP managers within IP-rich organizations. Through case studies and facilitated discussion, students will apply principles central to IP management, including creation, development, protection, and exploitation of intellectual property rights as a business asset. Guest speakers will supplement the course’s examination of key technology specific issues relating to high technology and sciences.
In particular, this course will examine the process of creating, capturing, protecting, leveraging and transferring technology and ideas, including internal strategies designed to create a culture of innovation; deciding whether, what, where, and how to obtain IP registrations and the related economics; the development of a commercialization strategy (such as selecting the target market and application for the idea) and business model; drafting and negotiating related agreements; offensive and defensive IP strategies; assessing competitive IP; negotiating and interpreting IP sensitive contracts; and transactional IP processes.
While students with background in substantive areas are welcome, no prior experience is required. A keen enthusiasm to learn about IP as an asset and participation in the course is encouraged by the instructors.