World IP Day and Foresight Hosted LES Panel

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Foresight's Monthly Newsletter - March 2013
Hello Colleague,                                                              
Spring is here! Join us in celebrating World Intellectual Property Day on April 26th and the role of IP in encouraging innovation and creativity.

In this newsletter:
  • World IP Day Celebrations
  • Foresight Presents at Product Management Event 2013, San Francisco, CA
  • LES Silicon Valley and Foresight Panel Discussion at Carr & Ferrell, Menlo Park, CA
  • American Invents Act (AIA) Changes
  • Upcoming Events Sponsored by Foresight or featuring Foresight Speakers
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World IP Day

 Celebrate World IP Day on April 26th 
World IP Day offers a unique opportunity each year to join with others around the globe to discuss and demonstrate how IP works to contribute to the flourising of music and the arts and to driving the technological innovation that helps shape our world.

Join us on April 26th as we celebrate World Intellectual Property Day in order to promote discussion of the role of intellectual property in encouraging innovation and creativity.

World IP Day 2013 focuses on Creativity: The Next Generation. How do you see the future? Who will be the next game-changers?

Ways to Celebrate:
-Organize an event or activity for World IP Day in your community
-Follow and join the discussion on the 
World IP Day Facebook page
-Find IP Day images from around the world and check out activities on IP Day world events map
-Share your World IP Day activities directly on World IP Facebook page

Foresight founder and president, Efrat Kasznik, who lectures on IP strategy at the Stanford Graduate School of Business, joined by a multidisciplinary panel of experts, discussed the value of a company’s patent portfolio from the point of view of a variety of stakeholders. The event, hosted at law firm Carr & Ferrell, drew a standing room only crowd and generated very positive responses on the quality of the speakers and relevant content. 

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The full presentation slides from each speaker are viewable via LES Silicon Valley here.

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 -The Product Management Event 2013 

Foresight held an interactive workshop titled:
"Are Patents Promoting Product Innovation?
The Role of IP Strategy in the Global Marketplace."
 The workshop covered ways to incorporate a successful IP strategy to enhance the product management process.

The full presentation slides are viewable via SlideShare here.


 USPTO, NSF, and NBC Learn Launches "Science of Innovation" series -  
The U.S. Commerce Department’s USPTO, the National Science Foundation (NSF), and NBC Learn, the educational arm of NBC News, has launched an 11-part “Science of Innovation” series.

 “Science of Innovation” looks beyond the popular concept of innovation as the result of a single event or brilliant idea. Instead, it examines the processes and steps that anyone from a garage tinkerer to a federally funded scientist can take to discover new solutions to pressing problems or to add value in new ways to existing products, services or technologies.


14955787-strategy-3d-word-sphere-with-magnifying-glass-on-white-backgroundKeep Your Eyes Out -
IP Events Worth Attending

 Events Sponsored By or
Featuring Foresight Speakers

Join the committee’s monthly calls every 3rd Tuesday of the month to foster discussion, collaboration, and networking for all interested in trends, technology transfer and licensing, and events in Nanotechnologies.
*Every 3rd Tuesday of the month, 877-785-4761
Participant Code: 48283945#

 Events Around the Community -

TechSpeak For Entrepreneurs - Silicon Valley
Attend TechSpeak for Entrepreneurs on Apr 13-14 in Silicon Valley, where you will learn the entire Web & Mobile development process so you can communicate effectively with their development team, see the red flags and catch mistakes earlier, minimizing the damage of mistakes. Register now to receive a 15% discount on registration! Use code 'Efrat'
*Saturday-Sunday, April 13-14, 2013, 8AM-6PM PST
– AOL Auditorium, Palo Alto, CA

Stanford Graduate School of Business
2013 Healthcare Innovation Summit

This year's sessions will address how health IT can be used as a disruptive force to imporve outcomes, reduce costs, and unlease new opportunities within the existing US healthcare system.
*Thursday, April 17, 2013, 1-8PM PST
– Stanford University, Palo Alto, CA

This year's meeting will provide diverse programming for all industry sectors - from life sciences to high tech to tech transfer and more.
*Tuesday-Thursday, May 14-16, 2013 - Seattle, WA

About Us -

Foresight Valuation Group offers a full suite of services designed to help our clients increase their bottom-line results through valuing, strategically managing, and monetizing their intangible assets.

Contact us at 650-561-3374 or email us at

depositphotos_4004682-Vintage-car-speedometer Quick Links to Our Services -

Don't Forget!


Understanding American Invents Act (AIA) Changes Effective March 16th 

First to File
The US Patent Office will now use a first-to-file system rather than the previous first-to-event system. Priority will now be determined by the patent application's effective filing date (the date the applicatoin was filed or the filing date of the earlist application for which the application can claim priority). Non-provisional applications filed on or after March 16 will remain under previous law if they claim priorty to an application that was filed before March 16 and contain the same material as that prior application.  If the non-proivisional application filed on or after March 16 includes new material, it will be subject to the AIA and its first-to-file system.

Expansion of Available Prior Art
Prior art is defined as any invention that was patented, described in printed publication, in public use, or on sale or otherwise available to the public before the effecitve filing date of the patent application. Applications filed on or after March 16 can come from anywhere in the world and be in any language. The catch-all phrase "otherwise availble to the public" inserts some uncertainty into interpretation. 

Post Grant Review
Challenges to a patent filed after March 16 through post-grant review will be possible for those who did not first initiate a civil action. For the review to be granted, the pentitioner must request review within nine months after the patent is granted and demonstrate one of the patent's claims is unpatentable. 

To learn more about AIA changes here.

Foresight Valuation Group LLC
425 Sherman Avenue Suite 200
Palo Alto, California 94306
Tel: (650) 561-3374

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