From the Northeastern Section of the ACS, focusing on career management and development

December 2021
« Nov    
Watch-outs. 55. Retirement Calculators, Patent troll Actions, thoughts on Better Decision-making
Filed under: Mentoring, Mature professionals, Legal matters, Alternate Career Paths
Posted by: site admin @ 7:52 am

Despite our daily pressures, realize it or not we are
working for our family’s benefit and our later years.
One finding reviews tools to forecast and predict
what retirement might be for each of us.

Another finding talks about how states are dealing with
recent patent law changes and the evolution of patent

For those in important decision making positions
and who aspire to them, we report on factors that
affect decision making.

A bonus reference about manners is added at the end.

SOURCE:  L. Moyer, WSJ 5-24-14, B7-B9, “Calculating
your retirement.”

There are so many variables for calculating estimates
of whether you are on track and when you should
retire.  Add to that the uncertainty of all the assumptions
that should be considered.  Moyer reports on at least
8 on-line calculators and offers suggestions on SS
income, current and predicted savings and expenses,
life expectancy, inflation and rates of return.
At some point all of us will be doing this.  This is
a worthwhile reference point.

SOURCE:  R. Simon and A. Loten, WSJ 5-22-14, B6.
States revise laws to curb patent trolls
Recognizing the US Senate is not dealing effectively
with legal maneuvers of entities affecting use of
ATMs, email tools on fax machines and many others,
states are addressing perceived abuses of demand
letters from companies whose core is licensing and
litigating patents.

SOURCE:  A. Blackman, WSJ and
4-28-14, R1,R2  “Executive Brain“  2 
Deadlines and pressure limit thinking processes.
Finding resources to promote focus and relaxation
release our brain’s emotional centers to make better
decisions, the author writes.  Uncertainty exaggerates
and restricts thinking.activity.
An adjacent article offers lightening the workload
is a worthwhile behavioral adjustment. [A Dizik]

BONUS:  Mary Mitchell, “Modern Manners
Contains thoughtful reminders and thinking behind the
action to help us behave and act professionally.

1 comment
Patenting Trends. Proposals to limit NPEs
Filed under: Legal matters, Observ. Trends, Alternate Career Paths
Posted by: site admin @ 2:57 pm

Science, technology and engineering are many times concerned
about holding patent protection, infringing on someone else’s
patent claims or having a competitor infringe on their existing

Patent trolls, where NPE non-productive entities hold rights to
patents and litigate against firms when they believe patent claims
have been infringed, provides a challenge to harm US manufacturers
and technological progress.

Ashby Jones summarized recent proposals to roll out executive orders
and seek legislation in June 5 WSJ (subscription required to view).
Two items of note in the article: 
1- there is a 6-fold increase in “troll suits” from ‘06 to ‘12
2- legislative action, which is believed quite important, could have
  unintended consequences for universities and research institutes who
  have troll-like characteristics in that they license patents, rather
  than bring products to market using patents.

University and tech transfer offices of institutes need to pay close
attention where this goes.

Entrepreneurs. iEconomy and Patents. Charles Duhigg
Filed under: Mature professionals, Legal matters, Observ. Trends, Alternate Career Paths
Posted by: site admin @ 9:49 am

With much attention promoting the entrepreneurial
spirit for STEM graduates
to excel and thrive,
Charles Duhigg has unearthed the evolution of
some roles patents play in a recent NYTimes
article and podcast.

Duhigg observes that we are now in the
iEconomy and that patents take on strategic
roles of defining new concepts even before
successful demonstrations or products are
prototyped as we have moved from an
industrial economy to a digital and often
virtual economy.

We have written about patent trolls previously.
While these are mentioned, entrepreneurs are
paying attention to the patent landscape
in “different
lights and using microscopes” when thinking about
business ventures, venture capitalists, competition
and the law. 
One interesting area, new to me, is “standard essential”
patents that are significant in many software and presumably
hardware concepts.  They are neatly defined by the
example of the railroad rail gauge on moving from one
state or country or company to another.  In order for
the public to be served, standards had to be agreed upon
and set.  Then, all users had to agree to license and
share for fair compensation.  

1 comment
Watch-outs. 37. IRA errors, Next generation technical boom and Patent issues
Filed under: Position Searching, Legal matters, Observ. Trends, Alternate Career Paths
Posted by: site admin @ 11:54 am

Hope everyone had a nice holiday weekend, rather
than a mid-week day off.  Hope you are well and not
affected by storms, heat waves and other natural
calamities.  Our watch-outs are not about those.

They touch on what each of you likely already know
but seek more breadth in the applications of
breakthroughs and what seems to be evolving
with the tactics used by patent trolls.  Finally,
how the IRS is going to locate errors in retirement
accounts and tax them.

SOURCE:  Michael S. Malone, “The sources of
the next American boom
,” WSJ, 7-5-12
While the chemical industry is abuzz with the
increasing supply of natural gas to make polymers
and fuel our homes and buildings, Malone
points out that there are clear evidences of
the next boom in four areas:  nanoculture,
managing and inferring data from selected and
massive sources, moving from 3-D prototyping
to production and individual’s health maintenance
(beyond legislation).
The comments are interesting.

SOURCE:  A. Jones, “Patent Troll Tactics
,”  WSJ 7-9-12
Some large tech companies are developing
tactics to profit with nonpracticing entities
through legal efforts to monetize collected
patent portfolios.  This interesting article is
just the tip of the iceberg for what is happening
on this fact changing area.

SOURCE:  K. Greene, “The Feds crack down on
IRA Errors, Part II
“, WSJ 7-7-12
Four distinct topics appear in this piece, that
emphasize reading carefully and reporting
accurately your activities and the activities
one generation before and after yours.  These
vehicles are 35 years old now and replace
an existing structure of pensions for a
large population.  this article touches on
conversions and inheritance issues.

comments (0)
Trends in Industries. Patent trolls, Pharma and Chemicals
Filed under: Interviewing, Position Searching, Mature professionals, Observ. Trends
Posted by: site admin @ 5:18 pm

Sources:  R. Winslow, WSJ 6-6-11, P. 1
Emerging ability of researchers to use
biomarkers to develop and exploit
new therapies for cancer and other diseases.
While it does not offer a ‘cure’,
it offers personalized routes for
treatment.  1 

Source:  S. Weinberg, WSJ 6-1-11
Patent researcher turns tables on litigants
Article One Partners advertises a product,
Litigation Avoidance, that aims to invalidate
poor quality patents that are held by
nonpracticing entities who seek to gain
from legal patent infringement.
Worth being aware of in high tech fields.

Source:  S. Gold, WSJ 6-1-11, Exxon
fuels a chemicals drive
ExxonMobil reported completing a
large raw petrochemical material project
in Singapore.  It signals the continued
use of new supplies of petrochemicals and
positions for chemical engineers and

1 comment