The global rate of innovation is slowing - find out why and what it means for IP strategies
On 24th October IAM is hosting a free webinar – presented by Clarivate Analytics – that looks in-depth at an issue which could potentially have a profound effect on the IP marketplace: a lowering of the global rate of innovation.
Analysis of the number of inventions patented between 2015 and 2016 using the Derwent World Patents Index and Derwent Innovation shows the rate of growth in volume of patented inventions decreased from 14% to 8%. It is even happening in China: while the rest of the world shows flat growth in the number of patents granted, China has seen a greater slowdown in the rate of growth of published inventions – from 25% in 2015 to 9% in 2016.
A stellar panel has been assembled for what promises to be a fascinating and important discussion: former chief judge of the Court of Appeals for the Federal Circuit, Randall Rader; Brian Hinman, who until recently was the chief IP officer at Philips; and Stefan Wolke, CEO of thyssenkrupp Intellectual Property GmbH. The session will be moderated by Mark Markley, services delivery consultant at Clarivate Analytics.
Together, the panel will explore some of the potential reasons behind the slowdown and its global impact, as well as monetisation opportunities. Among the topics to be covered will be:
What drives patenting in China?
The sustainability of growth and recent developments that may have affected growth.
What are the reasons for the flat growth in the rest of world?
The drive for quality over quantity.
Cross-fertilisation and convergence of technology.
Buy versus build strategies.
Increased licensing of existing intellectual property.
The shift from products to services.
The panel will also focus on how organisations can best adapt to a changing global innovation environment through creative use of IP rights; and how they can take advantage of new operational and monetisation opportunities that may exist.
The webinar is scheduled to last for one hour and begins at 4.00 pm UK time (11.00 am EST, 8.00 am PST) on 24th October. To register, click here.