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Written by : Kelsey Leydecker |
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once your patent has been allowed you have to pay maintenance fees to keep it alive maintenance fees are due at three and a half years seven and a half years and eleven and a half years after it's been issued it's technically a window that opens up in three years and closes at four years where the due date is at three and a half years and if you don't pay by three and a half years there's a surcharge why do we have these the government has an interest in freeing up the market so if you're not using your invention you're probably not going to pay the patent maintenance fee and if you don't pay the patent maintenance fee you're probably going to allow your patent to go abandoned so that the rest of the world can maybe use that technology as a stepping stone to building other things but if you are using your patent and you are licensing it or you're selling your invention you have to pay that maintenance fee to keep it going right now as of 2021 the time of shooting this video the patent maintenance fees are a thousand dollars for three and a half years eighteen eighty one thousand eight hundred eighty dollars for seven and a half year maintenance fee and three thousand eight hundred fifty dollars for the eleven and a half year maintenance fee these change from time to time so just ask your patent attorney about these fees and if you're using your invention please be sure to pay those maintenance fees you
Thanks for your comment Harley Gabbamonte, have a nice day.
- Kelsey Leydecker, Staff Member
welcome to the Canadian Intellectual Property Office and our webinar on clean tech and intellectual property this is a pre-recorded webinar that will take 50 minutes to complete the start time for each section is indicated on the screen so you can skip stop go back or repeat as you wish first I will introduce you to the Canadian Intellectual Property Office SIBO and briefly explain what we do then I will outline some of the key observations in the Canadian clean tech industry and explain why IP is important if you are unsure of what IP is I will cover the fundamental concepts in section 4 before we walk through six steps to develop an IP strategy in section 5 this section also includes some examples and resources specific to developing an IP strategy in the clean tech industry in section 6 I will explain some of the key consideration to protect IP during collaborative research and development finally we will wrap up this webinar by guiding you to our additional resources for our IP awareness and education that are available in Canada free of charge the Canadian Intellectual Property Office Siebel is part of the government department of innovation science and Economic Development Canada CIPO is a special operating agency and we are responsible for the administration and processing of good the greater part of intellectual property IP in Canada our operations are funded through IP V's at Zeebo we examine and grant IP rights such as trademarks patents and industrial designs based on various laws and regulations we provide a quasi-judicial function for trademarks and patents we also have a mandate to raise awareness for the effective use of IP we provide a range of product and services free of charge to help Canadian companies gain a better understanding of the importance of protecting and managing their IP assets we also share IP information in for example online databases to support innovation and finally we make sure our IP systems are similar to those in other countries so that we can support businesses that operate globally what do we mean by clean tech in this presentation we will use the definition used to identify patents in this space and then we say that clean tech is any technology that either helps resolve or mitigate environmental impacts or conserves the natural environment and resources clean technologies are important for Canada's economy in the past three percent of Canada's GDP was attributed to production of clean technologies clean energy waste management and environmental goods and services canada's clean tech production extends beyond our national borders over 17 percent of canadian clean technology production in 2016 was exported looking forward our clean Technic industry continues to take on the role of a global leader and is well represented internationally in fact not less than 12 Canadian companies were featured on a 2019 global clean tech 100 list this is a list of companies identified as likely having a significant impact over the next five to ten years our innovation system in this sector is backed up by a strong research system our researchers represent over 3% of the sector's academic publications globally Canada recently ranked as number four after Scandinavian counterparts on a 2017 global clean tech innovation index which ranks countries by their potential to produce entrepreneurial clean tech startup companies that will commercialize clean technology innovations over the next 10 years our skilled an entrepreneurial workforce is also supported by the pan-canadian framework on clean growth and climate change which will encourage the development and adoption of clean technology the sector is faced with a few but significant challenges most of these relate to the commercialization of our research we have risk-averse consumers who are slow to switch over to new technologies stakeholders have also highlighted that we need stronger policies and regulations which can increase the domestic demand for example many clean technologies are hard to compare because there is still no standard ways to measure and compare their performance finally even for technologies that have reached the market there is limited access to finance for scaling up as we just saw we have a strong innovation system with big potential for growth we also saw that it's difficult to commercialize and scale up our clean technologies many of the challenges such as policies standards and risk-averse consumers are often outside the scope of control of our innovators but let's turn the focus to what we can control our intellectual property innovation is a big investment that needs protection it all starts by identifying your IP make sure to seek formal IP protection and know how this is done use IP to create solid cornerstones for how you will commercialize your invention for example in some instances you may want to seek IP protection for your inventions as soon as they are invented this will make it easier for you to discuss your invention with others without fear of loosing your IP rights to copycats as you will shortly learn clean technologies can access a fast track route to patent examination we will also introduce platforms that make it easier to find and use others IP steer your efforts develop an IP strategy so that you have a plan for how to use your IP in order to achieve your business goals this is also a good tool for communicating with and convincing investors in the next two segments you will learn about the differences different types of IP as well as how to develop an IP strategy holding formal IP has shown to be a strong indicator if a company is likely to export experience high growth and seek finance let's look at some of the differences between companies that have no IP and those that hold formal IP in a 2017 survey some Canadian SMEs without formal IP indicated that they're likely to export the high growth and seek financing interestingly the group of Canadian is amis that have formalized or four times more likely to export twice as likely to experience high growth and 27% more likely to seek finance do you have IP visit our website to learn how you can identify and protect your IP on w w canada dot CA / IP for business much of the world's economy is taking on a shift towards any idea economy this means that much of the economy is based on ideas rather than tangible assets like factories and raw materials these days up to 90% of the market value of a company can come from intangible assets such as brands and the intelligent designs of hardware and apps in smartphones new medicines online platforms and so on the use of IP among Canadian clean tech companies is low only 32% hold registered trademarks 24% hold trade secrets and 21% hold patents use IP to turn your idea into an intangible asset by learning what IP is you'll be better equipped to identify your own IP and secure formal IP rights a trademark is simply a sign or a combination of science that helps consumers identify your product and services by distinguishing them from others in the marketplace in most cases a trademark consists of words or letter combinations and spe
Thanks Granville your participation is very much appreciated
- Kelsey Leydecker
About the author
I've studied strategy at University at Buffalo, State University of New York in Buffalo and I am an expert in citation analysis. I usually feel infuriated. My previous job was radio & tv announcer I held this position for 30 years, I love talking about water polo and illustration. Huge fan of Tom Holland I practice laser tag and collect fabric and textiles.
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