Patent Strategy

Overview

Published: 2 March 2020

Patent Strategy: open vs closed

 

The case studies covered include:

Tesla’s open Patent Strategy – by choosing not to patent their inventions, Tesla has encouraged development in the electric car market and therefore increasing their own popularity as well as helping to build a sustainable future

Plumpy’Nut’s closed Patent Strategy – for Plumpy’Nut, an easy-to-administer outpatient treatment used in developing countries to combat hunger, having a closed Patent Strategy has been important to protect their treatment. A strong patent portfolio is particularly important for smaller companies in the early stages, especially in developing regions where they are more vulnerable to exploitation

Closed Patent Strategies in the smartphone technology area – the closed patent strategy used across the smartphone market has in some ways slowed down innovation as the technologies have become more closely linked. A jealous protectionist approach has led to concurrent suing of two tech giants over their patent portfolios stifling technological progress due to the trade-off between patent litigation and innovation