Posted On: 12/03/2014 10:33:36 AM
Post# of 43066
It is interesting you mention *wise*.
Do you feel it is a wise sound business plan for Richard Heddle to focus on the sale/licensing of processors when there is no patent to protect the licensing ?
By all accounts the licensing will be based on trade secrets since Bordynuik has failed at gaining patent protection due to the processors not being unique or novel and can easily be copied or reproduced.
What buyer would sign a long term licensing deal based on the knowledge what they are potentially licensing is not protected from replication and would available at lower cost ?
However, because trade secret law provides no guaranteed exclusivity, if other competitors are able to discover the trade secret--through reverse engineering, for example--then they are free to make use of the information. This means that a licensor should grant trade secret licenses only for information or technology that is very difficult or expensive to reverse engineer.
Do you feel it is a wise sound business plan for Richard Heddle to focus on the sale/licensing of processors when there is no patent to protect the licensing ?
By all accounts the licensing will be based on trade secrets since Bordynuik has failed at gaining patent protection due to the processors not being unique or novel and can easily be copied or reproduced.
What buyer would sign a long term licensing deal based on the knowledge what they are potentially licensing is not protected from replication and would available at lower cost ?
However, because trade secret law provides no guaranteed exclusivity, if other competitors are able to discover the trade secret--through reverse engineering, for example--then they are free to make use of the information. This means that a licensor should grant trade secret licenses only for information or technology that is very difficult or expensive to reverse engineer.
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