When you talk about robots or artificial intelligence (AI) today, the first thing that comes to mind is futuristic and cutting-edge technology that is taking over and changing the world. Many, if not all, aspects of a person’s life can be massively transferred from supermarkets to schools and hospitals to their own kitchens.
However, robotics is not a new concept. It exists and plays a role in certain sectors such as car manufacturing and factories. It is only in the last few years that robotics, in combination with new scientific and technological breakthroughs and research areas, have transformed into a robotic technology that has gained much greater potential.
What is robot technology?
Robotics is a work of science, technology and engineering. It covers the creation of a robot from conceptual design to construction, operation and application. These robots are designed to read and understand their surroundings and to calibrate their actions to achieve their goals.
Gone are the days when robots were invented and programmed to speed up industrial production processes. Robotics today has improved significantly.
Effects of robotic technology
Robotics innovation is happening fast. Brings science fiction to life. It is closely collaborative, research intensive, and becoming increasingly complex. As the number of human functions that require their use increases over the years, it is not surprising that the demand for innovations and inventions in robotics is high.
Given the multitude of potential applications for this technology, this means consumers can expect a wide range of robotics products, from healthcare to the military. It can play a key role in performing tasks that may be considered too dangerous for humans or in assisting people with reduced mobility.
Intellectual Property Rights in Robotics
As robotic technology has gained momentum over the past decade, inventors and developers face not only traditional technical challenges but also a much higher and more complex level of competition. This is where the role of intellectual property rights comes into play.
Since 2009, the number of robotic patents granted worldwide has increased. This suggests that robotics research and development has increased significantly. Such great growth requires the protection of innovation and technology.
Expert Opinion: Having a stable intellectual property portfolio offers many benefits to businesses large and small. The intellectual property rights of a robotics company have a greater advantage when it comes to positioning with potential investors. It can also protect against competitive threats, build a trust mark, and protect the business from intellectual property theft. As technology evolves, the need to protect intellectual property rights is expected to increase.