IAM Issue 61

September/October 2013

Beantown bonanza

Boston played host to the sixth global IP Business Congress (IPBC) this June. A sell-out crowd of more than 600 delegates, from all parts of the IP community and based in more than 30 countries, attended. Over the course of the three-day event, a wide range of subjects were debated – from patent reform in the United States, through emerging IP investment opportunities in Europe and Asia, to evolving IP monetisation models and the developing role of the chief IP officer. As ever at the IPBC, a multiplicity of opinions were expressed. But of one thing everyone was certain: we are living in interesting times

Sara-Jayne Clover, Jack Ellis and Joff Wild

Industry insight

Finding the right IAM partner

When it comes to selecting IP management software, buyers should be as careful as they would be when deciding whether to get married, writes Dee Campbell, a product manager with Thomson IP Management Services

Features

Walls and missiles – developing a proactive patenting strategy

IP management needs to drive patent strategies for early to middle-stage companies, from protecting proprietary technologies (walls) to attacking competitors’ products and market-leading technologies (missiles)

Working together: open innovation and IP management

Open innovation is nothing new – ‘teaming’ between different companies and universities for specific projects has been common practice for years. However, such arrangements can work only if IP ownership and licensing rights are carefully managed

Drivers of IP value – the most active companies in intellectual property

A number of indicators need to be examined when judging which companies are the best at creating real IP value. Based on activity measured during 2012, an elite group of 50 can be identified

Going bespoke: keeping IP strategies current in China’s evolving landscape

As growth in China continues to outstrip that in Western countries, many multinationals are using intellectual property to bolster their positions. However, in order for this to work, IP strategies must be tailored to meet the particular challenges that China presents

Acquiring patents to support innovation and value

While there is still some stigma over buying patents rather than developing them in-house, acquiring intellectual property can be a smart way to enter markets later and secure a better return on investment. Both should be priorities for every IP manager

Viewing patents through a financial lens

The growing importance of patents in business suggests they should be considered as financial, as well as technological and legal, assets. While this involves a reorientation of perspective, efficient management could unlock millions of dollars for savvy patentees

Today and tomorrow in the IP market

The IP Business Congress is the perfect forum for the world’s finest IP minds to discuss their hopes, fears and expectations

The real problem is patent quality, not NPEs

A little historical perspective reveals that non-practising entities have been around for nearly as long as the patents they profit from. Tarring all NPEs with the same brush risks missing the real problem with the system: poor-quality patents

Columns

Patent protection for human genes ends in the US

In Myriad the Supreme Court excluded naturally occurring DNA, such as genes, from the scope of patent protection. It is not yet clear what impact the decision will have and that very uncertainty is fuelling concern throughout the medical and biotech industries

Teaching IP strategy

Although intellectual property is an asset of growing economic and financial importance, it is hard to find universities or business schools that teach courses focusing on this

DC watchdog gets serious about foreign theft of US intellectual property

The findings of the Commission on the Theft of American Intellectual Property are a good start to addressing a global problem with deep local roots. However, the report fails to mention the damage that domestic IP theft is wreaking on the US economy

Insights

Seen and heard

A round-up of IP-related quotes, observations and opinions from the recent past ...

China’s leaders must learn that there is much more to innovation that patents

Ambitious patenting targets are part of a wider push to create an innovation-based economy in China. But by over-focusing on patents, the Chinese risk missing the bigger picture