Original news and analysis on international IP policy
Determining the value of patented inventions is akin to a guessing game, said a speaker at the World Intellectual Property Organization yesterday. Companies should try to spread their patents over related technological innovations rather focusing on one patent, hoping it will be “the philosopher’s stone”.
A recent economic survey by the World Intellectual Property Organization (WIPO) assessed the expected growth in domestic and international patent filings in 2010 compared to 2009. The highest expected growth rates were reported in Asian countries, with modest and declining growth reported in Europe and the United States respectively.
American lawmakers aren’t wasting any time getting down to business after President Obama stressed the importance of spurring innovation during his annual State of the Union address this week and cited the need for the United States to regain its competitive edge, particularly when up against countries such as China and India. A slew of related bills are emerging in Congress.
CANNES - More help from governments, a hope for new cloud music services and new markets in emerging countries like Brazil. India and China were on the wish list of the big music labels and publishers at this week's annual industry bash in Cannes, France. Technology companies and the newly invited hackers were more concerned with new ways to better access music and connecting artists and fans.
The Executive Board session of the World Health Organization ended early on Monday after a week of discussions that settled some issues but left some others for the next governing meeting of the organisation in May, with much to do until then. The WHO is facing a significant gap in its budget and a programme of reforms is brewing.
In today’s global economy, there is an increasing convergence of intellectual property and finance. Wall Street is grappling with how to recognise the true value of a firm’s intellectual property. Companies are realising that simply accumulating patents does not necessarily increase their firms’ value, but it is how those patents are used that can attract capital. And drug companies facing massive numbers of upcoming patent expiries, a deflated economy and other market pressures, are looking to diversify their portfolios to stay in the black.
The music industry has spent tens of millions of dollars to lobby government officials worldwide during the past decade, but whether or not the initiative has helped to shape a viable legal and commercial framework is a subject of debate.
The rapid pace of technology and dramatic shifts in the global economy will bring change to the multilateral structure set up after the Second World War, and these changes will affect the intellectual property system, World Intellectual Property Organization Director General Francis Gurry said this week.
The global patent system is intended to promote innovation and increase growth, but this might not always be the case, as it might only serve industries relying heavily on patents in advanced economies, according to a study on patents and manufacturing industries presented at the World Intellectual Property Organization this week.
What do the fearsome leader of France’s three-strikes agency, a top Microsoft counsel, Google’s copyright counsel, a free software activist, Egyptian and British librarians, a South American development-oriented academic, and a European music authors’ representative have in common? While one might be tempted to say, ‘very little’, a recent gathering showed one thing - they represent the very wide range of current views on the future of copyright licensing.
While piracy remains an oft-cited problem for the creative content industry, it is the 'Byzantine maze' of copyright law that is stalling monetisation of new business models better designed to deliver content in the digital age, panellists at the World Intellectual Property Organization said last week.
The European Commission is considering a proposal in the coming months to create a pan-European passport for collective music licensing intended to overcome stifling difficulties of 27 national collecting societies, a top official has told Intellectual Property Watch in the context of a meeting on copyright and competition.