Category Finance

WIPO Development Committee Opens With Focus On SDGs, Tech Transfer, New Projects

The World Intellectual Property Organization Committee on Development and Intellectual Property opened today with an agenda of issues such as the development dimension of IP, technology transfer, and how WIPO can participate in the achievement of the United Nations Sustainable Development Goals. Meanwhile, new development projects proposed for WIPO work would focus on women, software, and tourism.

Trump Declares Intent To Stop Pharma Companies From ‘Gaming’ Patent System

US President Trump today declared in a White House speech his intent to "take steps" to lower drug prices by stopping "gaming of regulatory and patent processes by drug makers to unfairly protect monopolies," as well as increasing price transparency and promoting biosimilars and generics. But to do this, his administration will take on what it sees as "freeloading" on US innovation by foreign governments, and addressing "unfair" intellectual property and market access policies in trade agreements.

OECD Issues Paper On Blockchain And Competition Policy

The disruptive blockchain technology has been making waves, especially with Bitcoin and smart contracts taking centre stage. For some, it calls for a wide range of regulatory issues to be addressed, including patentability and more recently, competition-related concerns. Accordingly, the Organisation for Economic Cooperation and Development (OECD) hopes to assimilate contributions from stakeholders through its Blockchain Technology and Competition Policy Issue Paper.

What You Can Learn From The Licensing Execs At The LESI Annual Conference 2018

“Strong IP Drives the Bottom Line”: Licensing executives, technology transfer officers and attorneys from all over the world met under this theme at the annual conference of the Licensing Executives Society International (LESI) in San Diego from April 30 to May 1, 2018.

Each year, the LESI annual conference brings together the strategists, pioneers and deal makers of the world to exchange about the hot topics in licensing, technology transfer and the business of IP. Bastian July of GoodIP reports on what you can learn from the keynote speeches and workshops he attended.

World Health Assembly 2018 Preview: Guide To Key Issues

The World Health Organization celebrated its 70th anniversary last month. Since the inception of the organisation, the world has changed, and so have its challenges. The global rise of non-communicable diseases is one example of those challenges, as well as the escalating prices of new medicines and chronic access issues in many countries. The annual World Health Assembly will open on 21 May with an ambitious new General Programme of Work for 2019-2023, which promises 1 billion more people under universal health coverage.

How To Discover Valuable Patents

Bastian July writes: In May 1968, the submarine USS Scorpion disappeared after a tour of duty in the North Atlantic. The initial search area was a circle twenty miles wide and thousands of feet deep. Instead of asking one or two experts for input, Navy officer John Craven assembled a large group of independent experts with a wide range of knowledge. The group included mathematicians, submarine specialists, salvage men and many others. Combining their knowledge, Craven was able to estimate the submarine’s likely location. It was found 200 yards from the group’s collective estimate. But can you also turn to the Wisdom of the Crowd when it comes to discovering the fortunes lying hidden in patents?

UK Ratifies Unified Patent Court, Moving It Closer To Reality

The United Kingdom has ratified the Unified Patent Court Agreement that will allow "a single judgment in cross-border disputes between private parties over patents granted under the current intergovernmental system." The system is administered by the European Patent Office, and the UK's ratification leaves Germany outstanding.

Interview With Dominik Thor, Founder Of IPCHAIN Database

Distributed ledger technology, commonly called a Blockchain, has recently become a highly popular term in many different industries for its cost-saving and operational risk reducing potential. In this interview with Intellectual Property Watch, Dominik Thor, the founder of IPCHAIN Database, a startup that focuses on IP protection through the use of Blockchain, explains about the ways this new technology can revolutionise the IP sector.

Music Creators Unite To Lobby US Congress On Music Modernisation Act

WASHINGTON, DC -- What better way to get the music community's message across than sending an army of creators to meet with policymakers. In a nutshell, that's the purpose of Grammys on the Hill, an initiative from the Recording Academy, which organises the prestigious US music awards, and which has also developed a strong advocacy activity.

China’s “Theft” Of Foreign Technology Prompts Unlawful US Response, Experts Say

This time Donald Trump was correct: China has, for years, unfairly obtained and exploited American intellectual property and technology. But Trump’s response – imposing $50 billion in tariffs annually on a wide variety of Chinese imports – is problematic, experts warn. The tariffs appear to violate World Trade Organization rules, undermine the international rules-based economic order that has served the West well for decades, and threaten to ignite a trade war between the world’s two biggest economies.

Fairness In Research Partnerships, Reporting System Presented At Geneva Health Forum

Research collaborations between institutions in the North and institutions in the South often show a scientific and power imbalance. In the context of growing concerns about this issue, initiatives are being developed to increase fairness in research partnerships. In particular, the Research Fairness Initiative, providing a reporting system for institutions is gaining traction, according to speakers at the Geneva Health Forum this week.