Recognizing, protecting and exploiting Intellectual Property ("IP") assets has never been more important to businesses. While capturing the benefits of innovation can make the difference between profitability and demise, there are numerous and competing priorities on companies' time, money, and attention that make doing so a challenge.
In order to assist our clients more efficiently and effectively manage their IP within this competitive and challenging marketplace, Fasken Martineau conducted a survey of a number of Canadian companies as to how these companies view the importance, value and role of IP in their business. The following analysis of the results of our survey will help our clients secure more effective IP protection, more effectively manage the IP development process and reduce the risk posed by third party IP.
Respondents View IP As Driving Their Business Model
A majority of our 2009 survey respondents know and understand that IP is important to their business. Almost 80% of respondents consider IP to be a key or top priority, while only 6% consider IP to be a low priority.
Our survey respondents also have a clear, and remarkably uniform, view of the role that IP plays within their organizations. Two thirds of the respondents surveyed reported that IP plays a significant role in generating revenue for their company (for example, through licensing).
A majority of respondents also indicated that IP "distinguishes" their company in the marketplace (60%) and "creates barriers for competitors" (56%).
The fact that 62% of the respondents indicated that one of the key roles of IP within the business was to "increase the company's valuation" suggests that most respondents understand the value of IP as an asset. Further, 44% of respondents considered that one role of IP was to "attract investment."
Global IP Outlook: Looking beyond Canada to Secure IP Protection
IP protection in countries other than Canada is clearly important for the Canadian companies surveyed, as two thirds of the respondents report that they sell products or make their services available outside Canada. Of those respondents that do sell products or offer services outside of Canada, 69% indicated that they have sought IP protection outside of Canada. The overwhelming majority (91%) of the respondents who sought protection outside of Canada indicated they had sought to protect their IP rights within the United States. However, other jurisdictions appear to also be key, including Europe (73%), the United Kingdom (55%), Japan (50%), India (36%) and China (32%). This not only reflects the growing role that these countries are playing within an ever increasing global market, but – in the case of India and China - may also reflect a perception that IP protection in these jurisdictions is becoming more effective, such that it justifies companies making the effort to obtain such protection.
Read and download the Intellectual Property Bulletin about this survey on the authors' law firm website, www.fasken.com and, for more information about this survey, please contact the authors, John Beardwood and Mark Penner.Continue Reading...
Governor Jerry Brown announced that Sunday, October 16, 2011 is "Steve Jobs Day" in California, where the life of the Apple co-founder will be remembered in private memorials and a public television documentary, iGenius: How Steve Jobs Changed the World on the Discovery Channel. Here's to Steve Jobs; here's to the crazy ones who think different.
In 2005, Steve Jobs gave the commencement address to the graduating students at Stanford. He told them the secret that defined him in every action, every decision, every creation of his life:
“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma — which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.”
As we approach the 10 year anniversary of the attack on the World Trade Center on 9/11, it's interesting to reflect on this architectural model of "ground zero" in 3D on this tragic day in history, looking forward to the future.
We've written about innovative 3D Printing, and linked to some amazing presentations of the technology here and here, in connection with industrial design, but this is a stunning example of the application of the art and science of 3D printing in architectural design modelling.
MakerBot sent Stephen Colbert's head into space on a weather balloon with a FlipCam and a GPS enabled cell phone. Includes epic space footage!
Seriously, folks, 3D Printing seems to have really taken off, with the development of a drone that takes just a week to create. Watch the video of the first flight of a 3D printed airplane and read all about it at New Scientist.
A 3-D printer from Z Corporation ranges in price between $15,000 and $60,000, but Joe Titlow, the vice president of product management, said the value outweighs the price for these companies. "This technology enables the ability to create physical models," said Titlow in an interview with ABC News. "It enables them to do something amazing and increase innovation; they can design a product, print it out and get instant feedback of their model." The Z Corporation printers don't just print models and sculptures, but fully operable wrenches, tools and even parts for a car.
According to Z Corporation, these printers have been sold to Motorola, Nike and Toyota.
Is this true?Continue Reading...
Congratulations to IBM on 100 years of innovation.
In the span of a century, IBM has evolved from a small business that made scales, time clocks and tabulating machines to a globally integrated enterprise with more than 400,000 employees and a strong vision for the future. The stories that have emerged throughout our history are complex tales of big risks, lessons learned and discoveries that have transformed the way we work and live.
These 100 iconic moments—these Icons of Progress—demonstrate our faith in science, our pursuit of knowledge and our belief that together we can make the world work better.
IP.com's Intellectual Property Research and Analytics provides innovative companies with high quality patent searching, analysis, and more. We embrace the philosophy that to assist our clients in meeting their challenges, we must also continuously innovate. Many on our team are inventors themselves; all have deep knowledge and technical expertise in their fields.
IP.com research and analytics professionals are engineers and scientists with backgrounds in physics, optical engineering, mechanical engineering, electrical engineering, materials science, chemistry, and life sciences. All our research professionals have many years of experience practicing in their respective industries as well as several years of experience performing intellectual property research.
With the 2011 Stanley Cup Playoffs heating up between the Boston Bruins and the Vancouver Canucks in June, we got thinking how important refrigeration is to the game of hockey.
The modern rules of ice hockey were drawn up in 1875 by James Creighton of McGill University in Canada, but the first artificial ice rink, called the Glaciarium, had long before been developed by a Brit, in 1844, and John Gamgee later constructed an artificial ice rink in a tent in a small building just off the Kings Road in Chelsea, London, in 1877.
The rink was based on a concrete surface, with layers of earth, cow hair and timber planks. Atop these were laid oval copper pipes carrying a solution of glycerine with ether, nitrogen peroxide and water. The pipes were covered by water and the solution was pumped through, freezing the water into ice. Gamgee had discovered the process while attempting to develop a method to freeze meat for import from Australia and New Zealand, and had patented it as early as 1870.
A century after the first artificial ice rink, an American, Frank Zamboni, invented the world's first self-propelled ice resurfacing machine, which he trademarked the ZAMBONI® ice resurfacing machine. By the summer of 1949 he was able to get a good sheet of ice consistently, and the "Model A Zamboni Ice Resurfacer" became a working reality. Frank applied for a patent and in 1953, Patent Application No. 93,478 was granted by the United States Patent and Trademark Office as patent number US 2642679.
Sports fans, is there no end to refrigeration innovation?
When I was a kid, we called May 30 "Decoration Day." writes Oliver North in his Memorial Day blog post.
We've hosted Blawg Review, the roundup of some of the best law blog posts of the previous week a few times before here on IP.com's Securing Innovation blog--on Dia del Inventor, on Father's Day and, last year, on the International Day of the World's Indigenous People.
As it's hosted every Monday on a different blog, often marking a special day or theme, this is not the first Memorial Day Blawg Review. It's not even the first time a law blog concerned with patents has hosted Blawg Review on Memorial Day. Stephen Albainy-Jenei, a patent attorney well-known and highly regarded by readers of this blog and his peers in the intellectual property community hosted Blawg Review on Patent Baristas on Memorial Day a few years ago--a stunning presentation, including this poignant photograph.
Some heroes, like John Hochfelder's father, made it home from war and, for them. the memories of those who didn't are most cherished.
This week, Eric Mayer at the Military Underdog blog wrote in a Memorial Day letter to dad, "In these times, I question what to do at Memorial Day. What, with the War on Terror and all the other stuff happening, it seems honors for Soldiers, Sailors, Airmen, and Marines occur every day. It makes me wonder why we even have a Memorial Day."
A Soldier's Perspective on President Obama's Memorial Day Proclamation.
For over two centuries, brave men and women have laid down their lives in defense of our great Nation. These heroes have made the ultimate sacrifice so we may uphold the ideals we all cherish. ~ President Barack Obama
Kevin Gosztola on WL Central, writes about Memorial Day in America: What the US Government Wants Americans to Remember vs. What WikiLeaks Thinks Should Be Remembered.
In other news, U.S. Archivist Agrees to Release Pentagon Papers after 40 Years…Except for 11 Words.
Paul Kennedy at The Defense Rests wrote this week about All the King's horses...
Meanwhile, Scott Greenfield says, "The underlying story is one of those that makes your head explode from its sheer stupidity."
Not for Eric Turkewitz, who welcomed new readers, in droves, to his law blog this past week.
Kevin O'Keefe on Twitter points to Read Write Web's coverage of military tech, a Memorial Day Special.
The IPKat's Peer-to-Patent seminar offers you a unique opportunity to discover what Peer-to-Patent is all about, how the UK Intellectual Property Office's experiment will work, how it feels like to participate and what the experts think of it.
Speaking of good taste, Matthew David Brozik at Likelihood of Confusion reports on the Tyson tattoo trouble.
Gene Quinn at IP Watchdog wrote about Extortion Patent Style: Small Business in the Troll Crosshairs.
On the Forbes blog, She Negotiates, Victoria Pynchon asks, "Which patent infringement litigation parties (if any) benefit from the inefficiencies in the process?"
Much more here in the General Global Week in Review 30 May 2011 from IP Think Tank.
Apparently, the IP Blogdex will be a work in progess.
Finally, lest we forget.
Blawg Review has information about next weeks host, and instructions on how to host one of the upcoming issues on your blog if you're up for the challenge.
Intellectual Property attorneys affiliated with the Shark Tank Season 2 production contacted IP.com in 2010 to perform FTO/Clearance searching on the innovations and products being marketed by the contestants of the Shark Tank Season 2 cast.
Freedom to operate searches identify potential patent barriers to the commercialization of products or technologies.
IP.com conducted over 60 freedom to operate research projects on various aspects of the products being marketed by the contestants in order to provide the attorneys affiliated with the show the information necessary to perform due diligence analysis of the intellectual property associated with the contestants' inventions, products and services.
There's a similar show in Canada, Dragon's Den, on which we saw a Canadian inventor, Ben Gulak, pitch his invention, the Uno, a motorized cycle. Benjamin Gulak has filed a patent appliication with the USPTO for this motorized cycle.
"Why not take this invention to Toyota?" say the Dragons. Or, let's say, Honda.
Honda is a leading innovator of motorized cycles, personal mobility devices, robotic balance and agility. Just ask Asimo.
Yikes! We saw a cyclist riding the streets of Toronto, Canada, on a Yike Bike, the brainchild of Grant Ryan, an inventor from New Zealand, who has filed an international patent application for this.
Earth Day is "a time of year when the voice of the environmentally conscious is at its loudest. It's a time to a talk about the state of the planet, energy innovation and what all of us in the mainstream can do to help curb climate change."
Earth Day Network is a driving force steering environmental awareness around the world. Founded by the organizers of the first April 22 Earth Day in 1970, Earth Day Network promotes environmental citizenship and year round progressive action worldwide. Through Earth Day Network, activists connect change in local, national, and global policies. Earth Day Network enjoys partnerships with 22,000 organizations in 192 countries that are all dedicated to diversifying and mobilizing the environmental movement. Earth Day is the only event celebrated simultaneously around the globe by people of all backgrounds, faiths and nationalities. More than a half billion people participate in Earth Day Network campaigns every year. This year's campaign is a billion acts of green.
Earth Day seems as good a day as any to note the contributions of leading corporations that have joined together in partnership with the World Business Council for Sustainable Development to make their patents available for the common good.
Eco-Patent Commons, launched by IBM, Nokia, Pitney Bowes and Sony in partnership with the World Business Council for Sustainable Development (WBCSD), was founded on the commitment that anyone who wants to bring environmental benefits to market can use these patents to protect the environment and enable collaboration between businesses that foster new innovations.
Since the launch of the Eco-Patent Commons in January 2008, one hundred eco-friendly patents have been pledged by eleven companies representing a variety of industries worldwide: Bosch, Dow, DuPont, Fuji-Xerox, IBM, Nokia, Pitney Bowes, Ricoh, Sony, Taisei and Xerox.
For over 40 years, Earth Day—April 22—has inspired and mobilized individuals and organizations worldwide to demonstrate their commitment to environmental protection and sustainability. What can we do?