Masayuki ShobayashiBy Joseph Greenberg
How the Shobayashi International Patent & Trademark Office has adapted to changes in the international IP environment
The karaoke machine was the brainchild of a man named Daisuke Inoue who, as legend has it, cobbled the thing together out of a car radio, a coin box and a small amplifier back in 1971. Tragically, Inoue did not patent his invention and has never made one yen directly from commercial sales of his invention; some have approximated his loss at around US$150 million.