Wednesday, 25 April, 2018 - 14:00 to 16:30
IP and IPSim Workshop
Organiser
This workshop and competition is being hosted by Tacit Sims in partnership with Coventry Technology Park and sponsored by WP Thompson.
There will be up to 8 teams and up to 3 people per team. The winning team will win an Amazon Kindle Fire.
Timetable:
- 2pm - 2:30pm IP Basics Presentation from Richard Nugent
- 2:30pm - 2:45pm IPSim Briefing
- 2:45pm - 3:15pm IPSim Practice - Easy setting 3 rounds of 5 minutes each
- 3:15pm - 3:30pm Commercially focused IP Presentation from Richard Nugent
- 3:30- 4:20 pm IPSim Competition - Hard setting 8-10 rounds of 6-7 minutes each
- 4:30pm - Winning teams announced
More About IPSim:
- You can get a feel for IPSim by watching the game trailer or the product video.
- In IPSim you assume control of a knowledge-based company that develops technologies and commercialises Intellectual Property in return for royalty incomes. The main objective of IPSim is to commercialise as much tech in as many territories as possible by co-operating with other players. You also have to minimise the risk of being sued for infringement whilst maintaining a competitive advantage over other players. A successful and strategic company amasses securely protected Intellectual Property that is commercialised in all territories as well as Intellectual Property that is used for blocking or trading purposes. The most successful company is the company with the most lucrative Intellectual Property Portfolio at the end of the simulation.
More About Tacit Sims:
- At Tacit Sims we develop educational business software - simulations and games. Watch our company backstory video to find out more.
Benefits of IPSim:
-
IPSim encourages social interaction, because we believe that communal learning is extremely effective and is closer to practical experience. Each action taken by a player in IPSim (a trade, a negotiation or a strategic decision), will have human consequences whether they are a result of betrayal, collaboration or extreme competition. In this way, IPSim puts each player in a real-time scenario, with finite resources and real-life pressures on relationships, that force them to collaborate and compete in a way that they would when running a real business.
Intellectual Property Topics Covered:
- Valuation and Trading
- Licensing (Exclusive and Non-exclusive)
- Patentability
- Open Source commercialisation
- Inventions and Trade Secrets
- Tech Commercialisation
- Implications of Enforcing and Infringement of IP Rights
- IP Policies
- Obsolete Tech and Revoked IP
- IP Landscaping
- Territorial use of IP
Learning Objectives of IPSim:
- Develop, Buy, Licence Trade Secrets and Patents through Negotiations
- Acquire or file patents
- Enforce Legal action against infringers or settle out of court
- Commercialise your IP
- Explore Commercialisation Strategies
- Collaborate and Compete
- Manage your Finances
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Made Smarter is a national movement to drive growth amongst UK makers and advance the UK economy. Backed by world renowned businesses and the UK government, it will improve the development and adoption of emerging technologies. Making a real, everyday difference to people from the boardroom to the factory floor.
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