Category Finance

Report: Switzerland Again World’s Most Innovative; North-South Innovation Divide Remains

Is Europe the most innovative region in the world? In a well-regarded report, Switzerland has again been deemed the world’s most innovative nation, followed by the United Kingdom, Sweden, Finland and the Netherlands. But the annual Global Innovation Index also shows a persistent innovation divide between developed and developing countries, and this year focuses on the human factor in innovation.

360 Applicants Bid For Top WIPO Posts; Selection Process Underway

The World Intellectual Property Organization is currently engaged in an unprecedented process for the selection of the new top management team to serve under recently re-elected Director General Francis Gurry. The open call for applicants resulted in some 360 applications from around the world, including from the upper echelons of WIPO itself, according to sources.

1 Billion Euro First Call For Projects Under EU-Industry Innovation Partnerships

The European Commission today launched the first call for projects of the EU Innovation Investment Package agreed last year. The investment package comprises seven public-private partnerships and four public-public partnerships, for a total investment of more than €22 billion euros.

Do WIPO Delegations Want Indigenous Peoples’ Participation?

The participation of representatives of indigenous and local communities in the World Intellectual Property Organization committee working to prevent misappropriation of genetic resources and traditional knowledge is in jeopardy due to the thorough depletion of the voluntary fund allowing such participation. Some governments are acting to save the committee's credibility.

European Commission Adopts New Strategy On Enforcement Of IP Rights

Today, the European Commission adopted two communications on intellectual property rights enforcement, one within the single market, the other in relation to third countries. Focusing on commercial scale infringement activities, the Commission will consider other measures later, including legislative ones.

EPO President Battistelli’s Term Extended Amid Staff Concerns

The term of European Patent Office (EPO) President Benoît Battistelli has been extended for three years to 30 June 2018. The vote by the European Patent Organisation Administrative Council strongly backed Battistelli's quality and efficiency reforms, but sparked unhappiness from staff who see the president as a “dictator”.

Global Challenges, Opportunities Of Cryptocurrencies Such As Bitcoins

Bitcoin and other cryptocurrencies could compete with national currencies in the long term, but still face many challenges, according to panellists at a recent event in Geneva. Furthermore, the blockchain technology – the open source software which underpins those cryptocurrencies – could have innovative applications in other sectors, including intellectual property protection, they said.