Krause Named USPTO Deputy General Counsel, Solicitor 10/01/2019 by Intellectual Property Watch 1 Comment The United States Patent and Trademark Office (USPTO) today announced the appointment of a veteran USPTO official to the position of deputy general counsel and solicitor.
What’s The Cost Of Allowing Patent Theft? Don’t Wait To Find Out 09/01/2019 by Intellectual Property Watch Leave a Comment Russ Genet writes: Protecting patents can be expensive, especially for companies competing in a global arena where aggressive startups, cut-rate competitors and industrial giants are all vying for the next big innovation to snatch up or move to market. However, failing to protect patents can be equally expensive. It is estimated that patent theft costs the US economy billions each year. And for the corporate patent owner, failing to defend patent rights today can significantly limit their value in the future.
US IP Attachés: China’s IP Policy ‘Hijacked’ By Local Interests In 2018; Bad Faith Filings A ‘Cancer’ 21/12/2018 by William New, Intellectual Property Watch Leave a Comment WASHINGTON, DC – Two out of three United States intellectual property attachés based in China last week had tough words for China’s manipulation of IP policy and law over the past year, suggesting they at times “hijack” the legal process in favour of local interests, and are in a mad rush to become the world’s top patent and trademark filers regardless of quality to the point that it has become a “cancer” on the IP registration system. A third US IP attaché, however, took a friendlier and more patient view of China’s actions, downplaying concerns and urging US companies to allow it to continue.
Do Patent Trolls Exist? Two Studies Reach Different Conclusions (Part 2) 18/12/2018 by Steven Seidenberg for Intellectual Property Watch 2 Comments Two recent academic papers examine whether Non-Practicing Entities (NPEs) deserve their reputation as patent trolls – but the papers reach conflicting conclusions. As discussed in the first part of this article, a paper published by Stanford’s Hoover Institution found that 26 publicly-listed NPEs invest in R&D and do little harm to America’s high tech sector. These findings, however, are less significant than they appear. Another paper, published by Harvard Business School (HBS), found that NPEs do on average behave as patent trolls. How important – and trustworthy – are the HBS findings?
Stan Lee: Writer, Creator, And Marketer Of Intellectual Property 11/12/2018 by Intellectual Property Watch, Intellectual Property Watch 1 Comment Dave Davis writes: As the many and well-deserved accolades for Stan Lee pour in on the occasion of his death after a career in content creation —mostly in writing— that spanned six decades, I thought now might be a suitable moment to add an additional perspective. I’m focusing on his success as someone who brought his creative expression to market, to the enjoyment of what eventually became an audience of millions. Stan Lee was many things, and among them, he was an outstandingly successful entrepreneur of intellectual property.
Indigenous Knowledge Misappropriation: The Case Of The Zia Sun Symbol Explained At WIPO 11/12/2018 by Catherine Saez, Intellectual Property Watch 1 Comment In 1925, New Mexico, which gained statehood in the United States in 1912, adopted a design for its flag featuring a sun symbol belonging to the Zia peoples. According to the tribe, the symbol was secret and stolen from the Zia, who lost both ownership and control over it, and were left to contemplate the sun symbol being widely used and sometimes desecrated.
Report: Core Copyright Industries Add $1.3 Trillion To US Economy 07/12/2018 by Emmanuel Legrand for Intellectual Property Watch Leave a Comment Core copyright industries have contributed more than $1.3 trillion to US gross domestic product (GDP) in 2017, and accounted for 6.85% of the US economy. They employed nearly 5.7 million workers in 2017, accounting for 3.85% of the entire US workforce, or 4.54% of total private employment in the United States, according to the International Intellectual Property Alliance (IIPA)’s “Copyright Industries in the U.S. Economy: The 2018 Report.”
Google, YouTube Accused Of Disinformation, Scaremongering By European Authors 05/12/2018 by Catherine Saez, Intellectual Property Watch Leave a Comment European creators are alleging a scaremongering campaign by YouTube, and more than 30 entities representing creators in France say Google and YouTube are leading a massive fake information campaign against the European copyright directive currently under discussion in order to protect their commercial interests.
US IP Stakeholders Seek To Strengthen Public Support For IP, Ensure Future US Competitiveness 04/12/2018 by David Branigan, Intellectual Property Watch Leave a Comment NEW YORK — United States intellectual property stakeholders from academic, business and legal backgrounds gathered recently to discuss how to increase public support to strengthen the intellectual property rights system in the US, in light of China’s steady rise in numbers of patent and trademark filings. US IP stakeholders argued that developing public awareness and understanding of IP is key to building this support, with some holding diverging views on how to go about this.
Study Finds Arthritis Drug Enbrel Overpatented, Overpriced in US 04/12/2018 by Intellectual Property Watch Leave a Comment Initiative for Medicines, Access & Knowledge (I-MAK) released a new study yesterday showing that the rheumatoid arthritis drug Enbrel has been overpatented by drugmaker Amgen, which has filed a total of 57 patents on the drug in the United States. Together, these patents were said to delay market competition by 39 years, rather than the standard 20 years for one patent. The study found that this market exclusivity for Enbrel resulted in US$ 8 billion dollars in sales in 2017 alone.