business-model patenting

business-model patenting
Patenting a method of doing business.
Example Citation:
The patentable assets of the e-commerce business may also include the "business model" of the e-commerce enterprise — that is, the systems and methods constituting the unique operational structure of the business. The United States Court of Appeals for the Federal Circuit recently has sanctioned such business model patenting (State Street Bank & Trust Co. v. Signature Financial Group, Inc., 149 F.3d 1368 (Fed. Cir. 1998) and AT&T Corp. v. Excel Communications, Inc., 172 F.3d 1352 (Fed. Cir. 1999)). As a consequence, business system/business method patents are now being filed and issued in large numbers.
— Steven J. Hultquist, "Maximizing the Value of Proprietary Rights in E-Commerce," IPTL Notes, Winter 1999
Earliest Citation:
Juno patented an offline ad-delivery process, and Netcentives did the same with its ClickRewards scheme. Cybergold, Priceline, and Open Market have also rushed to patent biz models. Business-model patenting appears to be the lastest, greatest way to gain cred.
— Jess Freund, "Hype List," Wired, February 1999
Related Words: Category:

New words. 2013.

Look at other dictionaries:

  • Business (General) — Business General adminisphere aerotropolis bads BAM boomsayer booth bunny borrow brains Buns of Steel …   New words

  • double patenting — (DUB.ul pat.un.ting) n. Illegally claiming a new patent on an obvious or trivial extension of an existing patent. double patent n. The new patent so claimed. double patent v. To claim such a patent. Example Citation: Barr and the other defendants …   New words

  • patent troll — (PAT.unt trohl) n. A company that purchases a patent, often from a bankrupt firm, and then sues another company by claiming that one of its products infringes on the purchased patent.. adj. patent trolling pp. Example Citations: These patent… …   New words

  • patent cliff — n. A sharp drop in revenue that a company experiences when a lucrative patent expires. Example Citations: Lilly is already facing the biggest patent cliff in the industry. Five of its six leading products face generic competition in the next four …   New words

  • freemium — adj. Relating to a business model that offers basic services free, but charges a premium for advanced or special features. Example Citations: Rather than bragging about how insanely great its VoIP products are, Skype makes its users insanely… …   New words

  • six degrees patent — n. The informal name sometimes applied to a patent for a network database and system used in some social networking sites. Example Citations: Abrams wasn t concerned that Pincus and Hoffman would overtake Friendster when they struck out on their… …   New words

  • crapshoot economics — n. A business model in which only a few out of a large number of products or services are successful, but those few generate enough profits for the business to survive. Example Citation: Who can say who will be the next Kid Rock? And so crap… …   New words

  • intersource — v. To farm out work by creating a joint venture with an outside provider or manufacturer (cf. outsource). Example Citation: While the traditional model of outsourcing defines the customer and the service provider as two separate systems, the… …   New words

  • Software patent — Computer programs, software and patent law Topics …   Wikipedia

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia