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 […]
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 […]
The Unified Patent Court Announces Judicial Appointments
The Unified Patent Court (UPC) has announced the appointment of 85 judges to the court, as well as announcing the composition of the UPC’s Presidium following election.The court will be led by Mr Klaus Grabinski as President of the Court of Appeal and Ms Florence Butin as President of the Court of First Instance. The […]
Implications for FRAND royalty rate determination of the Updated IEEE IPR Policy
The Institute of Electrical and Electronic Engineers (IEEE) has announced a change to its IPR policy in relation to standards which will take effect from 1st January 2023. The changes relate to Standard Essential Patents (SEPs) which patentees agree to license to downstream innovators on a fair, reasonable and non-discriminatory (FRAND) basis. These changes hold […]
Meta to pay almost $175M for patent infringement – How are Damage Calculations reached?
Meta, the parent company of Facebook and Instagram, has been ordered to pay almost $175 million having been found to have infringed patents belonging to Voxer. The ruling follows a two-year legal battle between the companies with echoes of David and Goliath relating to communications technologies patented by Voxer used in Meta’s Facebook Live and […]