One of these lies in how the world manages the creation and ownership of inventions and ideas. A protectionist approach to How To Submit A Patent is made to protect and prolong the lifecycle of existing technologies, and permit innovators to capture the profits from their creations. In a paper published with colleagues from universities in Germany and India, we examined how this also makes it more difficult for new and more sustainable technologies to be developed and adopted. That explains why there are now other approaches being used to move key sectors to more sustainable systems and end this status quo.
Electric car manufacturer Tesla, has been doing just that. Tesla CEO Elon Musk “shocked” the planet in 2014 when he announced that his company was joining the open source movement and giving away its patents at no cost. It is essential to be aware of the rationale here. Why would a company that had worked so hard to build up and protect its technology from its global car manufacturer competitors suddenly give its technology away at no cost?
Tesla initially created a patent portfolio to guard its technology. However, Tesla’s concern that it might be overwhelmed once established car makers ramped up their creation of electric cars never came to pass. Instead, it saw the electrical car market stagnate at less than 1% of total vehicle sales. So Tesla changed its strategy from trying to prevent others from building electric cars to trying to encourage them into the market.
Area of the reasoning here is when more electric cars are built, then more battery recharging stations is going to be built too. This would make electric cars be a little more visible, along with a more conventional choice. Tesla believes that the open intellectual property strategy can strengthen instead of diminish its position because they build how big the electrical car market, and as a result, build their own share from the total automotive market.
This kind of careful control over Inventhelp George Foreman Commercial at company level, maintained by policy-level awareness, can be considered a powerful way to support the same types of transitions to more sustainable technologies in other industries too.
Energy supply faces a range of difficulties: the depletion of natural resources; air pollution and greenhouse gas emissions; nuclear risks; and security of supply. The water supply sector is restricted by water scarcity, pollutants, extreme environmental events such as flooding and costs associated with supplying water to communities in poor countries and remote communities. The agri-food sector, meanwhile, is under pressure to sustainably produce more food and to address malnutrition in poor countries.
For these industries to navigate a path around these problems, new knowledge as well as the innovations that follow will be essential. As well as in knowledge economies, intellectual property can either be an enabler or an inhibitor.
When the ownership of intellectual property is fragmented in an industry, it can slow down technology innovation and uptake, such as within the electronics industry where multiple players own complementary patents. However, firms can instead start their innovation processes and move away from jealously guarded, internal cultures, where intellectual property can be used to briaac and prolong lifecycles. This change may see knowledge sharing that leads to accelerated innovation cycles along with a more rapid uptake of sustainable alternatives throughout a sector: just what Tesla was longing for in electric vehicles.
This strategy to intellectual property, so-called “open IP”, is well advanced and mature in the software industry and healthcare. It has given use of life-saving medicines to millions of people, specifically in developing countries through patent pools, like the Medicine Patent Pool. This kind of project relies on multinational pharmaceutical companies sharing their New Product Ideas, but small companies can also play a strategic roles in creating these new, more sustainable systems, and it’s not every about open IP.