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Ipglossary.com is a practical glossary for managers, executives and technologists as well as lawyers working in IP in an international environment. The glossary provides practical explanations of key legal and business terms in a large number of technology related fields including intellectual property, licensing, venture capital, corporate and securities law, antitrust and competition law, and of course terms relevant to technology, in general. Read more
Phenomenon where the names of mostly only senior managers in an organization appear on its patents. Because being a named inventor is regarded as quite prestigious, in some organizations, senior managers will pursue patents on their “pet ideas” often perhaps ignoring (or at the expense of(given limited budgets)) patents on commercially more valuable ideas. Vanity patenting is often also associated with a failure to name joint inventors, giving rise to the problem of missing or un-named inventors.