PatentBooks™ Supports Catholic Social Teaching
PatentBooks™ supports both Solidarity and Subsidiarity, two fundamental pillars of Catholic social teaching.
Solidarity means doing everything for the common good.
PatentBooks allow any inventor, with a valid, issued patent, to publish their patent to the relevant PatentBook(s), and receive income from all the Subscribers to that PatentBook. The inventor no longer has to go to court, or negotiate with each and every user of the patent, to get paid.
By Subscribing to a PatentBook, an innovator can use any or all of the patents within that PatentBook, because she is fully licensed. She is not compelled to disclose which patents she has used in her product or service.
She, as a PatentBook Subscriber, may also choose to advertise the fact that her product or service is “PatentBook Licensed.”
By Subscribing, she may sell and ship her product or deliver her service wherever she has Subscribed to the relevant PatentBook. As a “PatentBook Licensed” product or service, her distribution channel partners can be assured of an uninterrupted source of supply from her.
Her competitors who are not Subscribed to the PatentBook may experience supply chain disruptions as a result of patent infringement litigation, International Trade Commission (ITC) actions that hold goods at ports, or other intellectual property rights enforcement activities.
PatentBook Subscribers are able to innovate more rapidly, designing the latest inventions into their products and/or services to meet the ever-changing demands of their respective marketplaces.
On the other hand, the patent owner who Publishes her patent to a relevant PatentBook enjoys continuous income from her patents. Most national governments that issue patents today now require periodic “maintenance fee” payments to keep a patent active. Patents are valid for 20 years from their respective issuance dates. Maintenance fees become expensive for inventors, especially if they are not receiving income from their patents to cover their maintenance fee expenses.
PatentBooks enable transactions to happen at the lowest level in society.
A Patent owner can publish her own patent to a PatentBook, by herself, online, for free. She then is considered a PatentBook Publisher, and now earns income from her patent.
Patent users see the volume of patents available for license via the PatentBook, consider the cost of licensing all those patents either individually or via the PatentBook, and decide to Subscribe to the PatentBook because the Subscription is easy to execute and provides superior value.
Value is derived by the Subscriber eliminating the risk of patent litigation from any of the Published patents, offering her engineers fully licensed access to all the patented inventions Published to the PatentBook, and Freedom to Operate. Freedom to Operate is most profoundly realized in getting her product to market more rapidly, and reducing, if not completely eliminating, the risk of patent infringement litigation.
Subsidiarity involves doing things at the lowest possible level in society. A successful transaction between at patent owner and a patent user, with a single party involved to help consummate the transaction, is the definition of a transaction at the lowest possible level in society.
When efficient transactions like this occur, more people will participate in those transactions due to the benefits they receive from the transaction. A market develops when multiple transactions occur frequently. Tools and systems develop when many of these transactions must occur simultaneously. PatentBooks™ and TAEUSworks™ are two of these tools.
Systems, when first introduced, require study and comprehension by all users. Once a system has been used successfully by many people with predictable, repeatable results, the system becomes a tool. Consider automobiles. For more than a century, the automobile was a system full of experimentation and refinement. Today, the automobile has become less and less of a system that everyone should know and understand, more of a ubiquitous tool used by everyone to simply provide transportation.
The transition from a system to a tool only occurs when another system enables uniform contributions and fair, open, transparent transactions and metrics for those transactions. PatentBooks enables uniform contributions of patents from inventors. TAEUSworks enables fair, open, transparent metrics for those transactions.
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