FRAND Determination is Center Stage in EC Proposed Standard Essential Patents Regulation
The Standard Essential Patents (SEPs) Regulation Proposal also known as the IP Action Plan formally issued by the European Commission today suggests groundbreaking changes to the standard essential patent landscape as we know it. The SEPs Regulation Proposal indicates the European Commission’s desire to establish four major requirements for SEPs holders and implementers. These are […]
Will the European Commission go forward with its IP Action Plan?
What is more exciting than to a read a leaked document. This was my first thought in seeing emails in my mailbox containing a copy of the ‘leaked’ European Commission IP Action plan. It was rumoured that a representative from a Member State leaked the document, but who knows. Whatever, since then, statements on the […]
How should intellectual property be managed in a recession?
The recent collapse of Silicon Valley Bank and Credit Suisse’s troubles on top of longer-term post pandemic economic issues has many concerned about a coming recession. Given intellectual property (IP) is such an integral part of most businesses’ value – upwards of 80% being in intangible assets, in some cases – proper management during a […]
Intellectual Property Waivers: a tool for spreading green technologies?
Ngozi Okonio-Iweala, Director General of the World Trade Organisation (WTO) was asked at a recent Q&A if she would support an intellectual property waiver for climate change mitigation technologies. “I could not agree more,” she responded, “we’re going to see more of this type of argument and I hope we’ll find a way, because really […]
Patents for social impact
IP portfolios are regularly viewed in commercial terms; more than 80% of a firm’s value can be manifest in its intangible assets, of which IP is a feature. However, we suggest that IP can also be viewed as an asset with appreciable social valuealongside its commercial value. This article reviews two examples where the social […]
Appreciating the value of Intellectual Property in the electric vehicle (EV) market – why managers and investors alike should pay attention
Tesla recently announced record sales in 2022, delivering 1.3 million vehicles during the year. Despite this apparent success, the value of Tesla shares dropped by 65% and cut more than $700 billion from the firm’s market value, outdoing losses of the wider market by some margin. The electric vehicle (EV) pioneer faces fierce competition from […]
How Economic Growth is driven by Intellectual Property
What is economic growth? why is it so important? According to Nobel Prize winning economist Simon Kuznets a country’s economic growth may be defined as “a long-term rise in capacity to supply increasingly diverse economic goods to its population, this growing capacity based on advancing technology and the institutional and ideological adjustments that it demands.”1 To […]
Considering Patent Infringement Damage Calculations under the Unified Patent Court
A primary benefit for future users of the UPC is that legal proceedings in relation to a Unitary patent or a non-opt-out European patent will not need to be divided throughout Europe and can instead be heard by a single court, with judgement applied to the entire territory – potentially 24 countries. This promises to […]
AI Generated Inventions: Implications for the Patent System and Patent Valuation
Last week, Professor Adam Jaffe (Brandeis University, USA & Motu Economic and Policy Research, New Zealand) joined OxFirst for a presentation assessing the implications on the patent system from the rise of inventions created by AI. The subject is topical; we’ve previously covered Thaler -v- Comptroller, a case to be heard by the UK Supreme […]
Can Patents Resolve the Quest for Capital?
Most people recognise the utility of patents to be the exclusivity, albeit temporary exclusivity, they impart on their owners to profit from an invention. Yet patents also hold real value for companies that may not even sell a product yet: they can help in the quest for capital. At present there is often a difference […]