Category Finance

WIPO Human Resources: All Is Harmony, Secretariat Says

The World Intellectual Property Organization’s human resources issues have been far from harmonious over the past decade, but this year’s secretariat report paints a picture in glowing language of a new culture with happy, well-trained staff after years of “change management.” And to member governments concerned about remaining challenges? No problem, just leave that to us, WIPO says.

WIPO External Offices In High Demand As 18 Countries Offer Hosting

Hosting a regional or national office of the UN World Intellectual Property Organization seems to be a high prize for WIPO members, 18 of which have submitted hosting proposals to be considered at the WIPO Program and Budget Committee next week. Most of those 18 countries are developing nations and all sought to demonstrate their commitment to intellectual property rights and IPR protection, with some underlining the importance of considering level of development. According to regional press reports, Algeria and Nigeria have been selected by the African region to host the two African external offices.

Review Of WIPO Development Agenda Implementation: Good Progress But Expectations Unfulfilled

A group of independent reviewers has found definite progress on implementing the landmark 2007 Development Agenda Recommendations at the World Intellectual Property Organization. But the UN agency needs to elevate the debate, tie in with UN development agencies, create reporting mechanisms, make projects more compatible with local development levels, and detail use of financial and human resources, the reviewers found.

The Downfall Of Invention: A Broken Patent System

The cost of dozens of brand-name drugs have nearly doubled in just the past five years. Public outrage over drug prices extends from Capitol Hill to the presidential candidates to patients. In response, pharmaceutical executives are spending more on lobbying and marketing. Yet for all this attention, most of the proposed solutions for reducing prescription drug costs—tougher negotiations, appeals for transparent R&D costs or investigations into insurers—miss one of the primary sources of the problem: the way we award patents, writes Tahir Amin.

Growing Call For Transparency Within African CMOs To Ensure Membership Confidence

KAMPALA, Uganda -- Collective management organisations (CMOs) in African Regional Intellectual Property Organization (ARIPO) member states, and Africa at large, have the potential to contribute to the growth and development of creative industries. However, they need to be supported, guided and supervised to ensure that they achieve the purpose for which they are established.

US High Court Restores Treble Damages For Patent Infringement

Pulse Electronics was guilty of patent infringement. That had been decided long ago. The only remaining issue was how much Pulse must pay for its wrongdoing. The company could be liable for treble damages, provided its infringement was willful. Fortunately for Pulse, willful infringement was almost impossible to prove, thanks to a standard established by the Federal Circuit. Unfortunately for Pulse, its lawsuit reached the US Supreme Court. And in its recent ruling on the case, the high court threw out the Federal Circuit’s standard, making it far easier to prove willful infringement. The decision is likely to have an important impact on patent litigation, the courts, and companies doing business in the US.

UNCTAD’s Work On IP To Continue In Strengthened Four-Year Mandate

NAIROBI, Kenya (IP-Watch) – Intellectual property rights related to trade and development will continue to be part of the United Nations Conference on Trade and Development (UNCTAD)’s programme work, according to an agreement on the organisation’s four-year mandate reached at the agency’s 14th session in Nairobi.