In this last blog post I will be discussing the value that I gained from taking this class. Now apart from the value added from the social-media tools that we used throughout the course of the semester that I discussed in my last blog post, I can proudly say IEOR 190G taught me a lot of material that will stick with me for a long time.
Nowadays everyone has heard of the word "patent", but knowing more about patents than "its that thing where you get to call something yours and sue people for using it" is relatively uncommon. I signed up for this course because I have a great interest in entrepreneurial ideas or solutions and I wanted to be more educated on patents and Intellectual Property as they relate to products in general. This course gave me a lot of insight pertaining to those topics and even if I may not be able to write an approvable patent application entirely by myself, I learnt a lot.
From learning the basics of how to read the actual document, to strategizing ways to protect oneself from Patent Troll litigation IEOR 190G made me familiar with all aspects of the patent process from the submission of the application to infringement litigation. Now I by no means plan to become a Patent Lawyer, and if I did then this would be the wrong course to take, but I do aspire to run my own business, a business whose success might very well gravitate around a solution or service that I wouldn't want my competitors to offer.
Following this course, I am even more convinced than I was at its start that being educated about the tradeoffs that a patent present you is essential when dealing with any form of Intellectual Property. Knowing the value added of keeping an invention a trade secret versus the cost of competitors using your inventions before you can claim ownership was specifically enlightening to me... especially in a world where everyone wants you to sign non-disclosure agreements but few agree!
I plan to use the knowledge that I learned in this class to make more informed business decisions, whether they regard my own intellectual property or my employer's. After having taken this class I will also be able to have fruitful conversations with patent lawyers and experts without the fear of feeling exploited or pushed around.
Lastly, from a more overarching point of view, I feel like IEOR 190G might have slightly changed my paradigm regarding originality of work. I have always been a stickler for originality being very biased against those who copy, however seeing how non-obvious use of prior arts truly can produce novel, original and useful inventions might have changed my mind. In today's "remix" culture where infinite information is at our fingertips and new inventions pop up every day, I feel that the most wonderful solutions build off the combination of more pre-existing entities whether we are talking about the Apple Watch or Bob Dylan's music.
As you may have inferred, IEOR 190G taught me a lot this semester and I could be more thankful to Prof. Lavian for teaching the class in the manner that he did. If you are interested in intellectual property, being an entrepreneur, or even simply dealing with new inventions, I highly recommend that you take this course.
As per usual feel free to view the video below for a discussion on the above.
On that note I thank you all for reading my blog posts and I wish you all the best for your futures.