Category Finance

Is The Internet Of Things (IoT) Really New Or Simply Recycled?

There is a lot of hype around the Internet of Things (IoT) yet many, if not most, are confused by what IoT really is and what it means for their IP and their business. In fact, some people claim that the IoT is simply a matter of applying existing technology to new applications. Many companies new to the IoT market may have strong and expansive portfolio positions for assertion. This makes it difficult at best to discern whether or not IoT inventions are really new or just recycled technology. If you are a new player in the IoT market, you most likely will be filing patent applications for new innovations; however, since IoT is being built on established technology, you need to be aware that there are hundreds of technology companies that may already own the seminal foundation patents.

New Industry Coalition To Promote Fair Standards In Licensing

A group of companies launched the Fair Standards Alliance this week in Brussels, aimed at ensuring licensing of standard-essential patents is done on fair, reasonable and non-discriminatory (FRAND) terms. This reflects an industry trend toward clarifying the meaning of FRAND to help boost use of patents included in standards.

WIPO Innovation Panel: Low Economic Growth Not The ‘New Normal’ For Long

Consensus emerged among a panel of top economists last week at the World Intellectual Property Organization that as economies become increasingly intangible they are more susceptible to repercussions on growth caused by a financial crisis. Yet the shift towards a knowledge economy brings with it promise of increased economic growth in the long term, they said.

WHO Director Questions IP Rights, Drug Prices, Industry Influence

Saying she could speak more freely outside of the World Health Organization, WHO Director General Margaret Chan today told a gathering of think tank representatives at the Graduate Institute of Geneva that intellectual property rights may be unfairly driving up drug prices and that industry lobbying may be interfering with governments' efforts to take action on behalf of their citizens' public health.

WIPO IP Report: 3D Printing, Nanotechnology, Robotics – Next Ticket To Global Expansion?

Nanotechnologies, 3D printing and robotics are areas of potential breakthrough technologies, and mostly happening in the most developed countries, with China catching up, a World Intellectual Property Organization report has found. Knowledge-sharing is an important factor of innovation, facilitated by intellectual property, according to the report. However, the world may have reached its innovation peak and may have to content with low economic growth.

Users, Governments Give Views On Internet Governance Going Forward

As governments at the United Nations negotiate outcome documents for the 10 year review of the 2005 World Summit on the Information Society (WSIS), the rest of the stakeholders of the global internet are fighting for a voice, especially users. A recent event alongside the WSIS talks explored the user perspective, and discussed the future of the Internet Governance Forum (IGF), the annual meeting taking place this week in Brazil.

African Ministers IPR Conference Addresses Issues For African Creators

DAKAR, Senegal -- The World Intellectual Property Organization 2015 African Ministerial Conference on Intellectual Property for Emerging Africa took place last week in Dakar, the Senegalese capital where around 50 ministers gathered as well as 200 participants. Among the many themes addressed, the conference called for better recognition of the rights of artists and creators. Musicians called for a strong musicians’ union to better defend their rights, advocating for a reform of African legislation on copyright. And Africa must boost its creativity and innovation to produce sports content by learning on what others are doing, panellists said.

New WIPO Group B Coordinator; MPP Adds Members To Board

October saw a flurry of changes in law offices in the United States. In Geneva, the coordination for Group B developed countries at the World Intellectual Property Organization changed hands, and the Medicines Patent Pool added four members to its Governance Board.