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US Patent System flawed?

Accord to United States Patents and Trademark Office, a patent is defined as “grant of a property right to the inventor(s) for an invention”,  it is “the right to exclude others from making, using, offering for sale, or selling” the invention in the United States or “importing” the invention into the United States.”, one can say that a patent is as simple as just filing an application to about anything to gain rights to sue others that attempt to use this.

Some very popular examples of this are the in the mobile industry, where companies like Apple and Samsung sue each other for infringement of patents constantly. Recently, in Dallas Observers Blog, it has shown that apple was awarded 38 patents recently, one of which included “page-turn”.

With the Patent Office in the US offering patents as the “page-turn”er, i truly believe that the Patent Office offering Patents are flawed. Many companies are just using Patents to secure dull and un-innovative ideas, possibly just to use and sue others, yet the Patent office is still issuing patents to such creative ideas. Companies are just using Patents unethically to accomplish there stand in the market and to gain profits by suing each other, this is just a waste of money and time to many. I suggest that the Patent Office only issue Patents to innovative and unique ideas that benefit society, like back in the days when the first light bulb was created.

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Social Entrepreneurs

Following the class on Social Entrepreneurs, i became really interested in the matter and looked more in depth.

A social entrepreneur can be defined as someone who is a entrepreneur, but in return they are doing something good for society, while still doing business (making profits). David Bornstein says that social entrepreneurs are “totally possessed in their visions of change”

Examples of companies are Ashoka Canada and Roots of Empathy, Ashoka “envisions a world…that responds quickly and effectively to social challenges…” with the support to envision change. Ashoka high supports individuals who want social change, or what we call a social entrepreneur. Roots of Empathy’s main goals are in ” reducing levels of aggression among children while raising their social and emotional competence and increasing empathy.”

I find that Social Entrepreneurs are a must in the world, in addition to making some money like in every business, you want to make a change and help society. i believe at least in one point of a businessmen/women career, they are considered “wicked” and “devilish” because of their actions, while being a social entrepreneur  you can drive change in society,ultimately building up good karma!

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A New Beginning?

As in my blog post on rim, i have questioned Rims ability to survive in today’s mobile market. But, after reading Kevin Lui ‘s Post on Blackberry 10, i will have to agree that on the launch day, Rim’s stocks will rise in February… to an extent.

With the addition of the blackberry 10 platform in late January 2013, the holiday season sales are missed, therefore the supply for the phone will be geared on enterprise and corporation sales. This in itself would hurt sales, but furthermore would exemplify the business purpose of the phone .

The phone itself will still hold the point of difference, with the high sophisticated security system that no other mobile device can top. There will be 2 versions of the new blackberry 10 device, a full touch screen one and a half-touch, half-physical keyboard version. This shows variety and competition with other mobile phones, while still keeping Blackberry’s original ideas.  In the image from TechCrunch.com, it is clear that the main objective would be to counter apples iPhone, they look and are designed very similar.

It is clear from all the feedback that many supporters are hyped for the release with a gain in their recognition. Therefore, i agree that the expected increase in stocks will occur.

Here’s A BlackBerry 10 Device Next To An iPhone 5

http://ibnlive.in.com/news/rim-ceo-sees-blackberry-10-powering-growth/306107-11.html

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Apples Ipad Mini

With the iPad mini release recently, one would ask how this 8inch iPad mini will compete in the 7inch tablet market. The new iPad mini costs more then  a consumer is willing to pay, “they would pay $242 for a 7-inch iPad and $268 for an 8-inch iPad.”,  for this premium price against the competition, will this affect the sales of the original iPad? The iPad accounts for ” 26% of Apple’s fiscal third-quarter revenue”, this can affect consumers into buying the cheaper, smaller alternative to the iPad, lowing their sales but truly with all the competition  in the tablet market for sub 7inch, it is hard to say if apples newest addition will be able to compete against cheap alternatives. Instead i believe that it will offset the sales of the larger iPad into the iPad mini, as it is essentially a smaller alternative for an apple device.

http://www.t3.com/reviews/ipad-mini-review

http://business.financialpost.com/2012/10/23/apple-ipad-mini-ships-in-canada-nov-2-priced-at-329/

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