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Page 1 of 2 Archive - February 2010

Patent reform back on the legislative agenda in the US, maybe

Patrick Leahy, the chair of the US Senate's Judiciary Committee, has reported that progress has been made on proposed legislation to reform the patent system in the US. Speaking on Thursday, Leahy stated: "We have reached a tentative agreement in principle that preserves the core of the compromise struck in Committee last year with the help of Senators Feinstein, Specter, Cornyn, Klobuchar and others. We will, of course, continue discussing the details with all Members of this ...

Posted by Joff Wild, IAM Magazine on 26 February 2010 @ 6:30PM
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Flawed property index names best and worst countries for IP protection

It's that time of year when the annual International Property Rights Index is released. It covers 125 countries, accounting for 97% of the world's GDP. According to the website on which it is published, the aim of the index is to provide: "An international comparative study that measures the significance of both physical and intellectual property rights and their protection for economic well-being." Essentially, the index ranks countries by the protection they afford to ...

Posted by Joff Wild, IAM Magazine on 25 February 2010 @ 4:51PM
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ICAP IP chief reveals plans to be dominant player in the transactions market

In just over a month's time ICAP/Ocean Tomo will be holding its spring auction in San Francisco. You'll remember that ICAP bought Ocean Tomo's transactions business in June last year and since then has held one very disappointing public sale and abandoned another one. On the face of it, therefore, it would seem that this time around a few points need to be proved if these events are going to have a serious future. Earlier today, though, I spoke with Dean Becker - who came ...

Posted by Joff Wild, IAM Magazine on 22 February 2010 @ 9:49PM
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Brand values bounced back in 2009; Wal-mart still number 1; Google climbs to second

Brand Finance has produced its ranking of the world's 500 most valuable brands. In the press release announcing the main findings for 2009, the company observes that values have rebounded considerably since 2008, when they fell steeply, and are now worth a combined $2,873 billion. Other highlights it mentions are: Retail giant Walmart, whose brand value increased 2% this year, retains top spot in the annual survey ... Google, which has risen in the table from number five to ...

Posted by Joff Wild, IAM Magazine on 20 February 2010 @ 3:41PM
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Big tech and "buying clubs" will help Acacia continue to grow, says CEO

If you bought stock in the very litigious non-practising entity Acacia Technologies in November 2008, you have had a very lucrative 15 months. Back then, the company's market capitalisation stood at $90 million, after steep falls at the back end of 2007. By October 2009 it had climbed to $250 million. As of today, the figure stands at over $280 million. That's a 200% plus increase.  Yesterday Acacia announced its fourth quarter and year end financials ...

Posted by Joff Wild, IAM Magazine on 19 February 2010 @ 4:28PM
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In praise of Intellectual Ventures

I was only thinking the other day that it has been quite quiet on the Intellectual Ventures front recently when what pops up in The New York Times, but a long piece on the firm and its co-founder Nathan Myhrvold. That said ,there is not much which is very new in it; instead it is a reprisal of the usual stuff that is always written about IV. So, we have Myhrvold stating that patents should be a distinct asset class, that there needs to be much more transparency in the market place ...

Posted by Joff Wild, IAM Magazine on 18 February 2010 @ 9:35AM
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Why VCs and start-ups should love IP

In the latest issue of IAM we run a fascinating article by Joseph Hadzima, Bruce Bockmann and Alexander Butler of IP Vision in Boston. They describe a project they undertook with investors, corporate executives and members of the faculty at MIT Sloan School of Management to assess over 9,000 US venture capital backed technology companies’ intellectual property positions. They did this by developing a ratings systems that was applied to each one of the companies and which mapped ...

Posted by Joff Wild, IAM Magazine on 16 February 2010 @ 5:40PM
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Licensing salaries soar as recession puts premium on monetisation expertise

Compensation packages for licensing professionals in the US and Canada rocketed between 2007 and 2009, according to surveys conducted among corporate and university members of the Licensing Executives Society in the two countries. In 2007, the median base salary of those responding to the LES questionnaire was US$127,500, while the overall median - including bonus payments - was US$157,500. By 2009, those two figures had risen to US$157,500 and US$172,000 respectively. That's a ...

Posted by Joff Wild, IAM Magazine on 14 February 2010 @ 6:36AM
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The greatest patent sale ever may be on the cards

It looks like we are approaching the end game in the great Nortel sell-off. The latest news from Canada is that the insolvent telecoms company could be about to put its patents up for sale. Although there is no confirmation of this as yet, the 4,000 strong portfolio would undoubtedly attract a lot of interest - not least from those companies who have already acquired parts of the Nortel business. It has been estimated that the patents may be worth around $1 ...

Posted by Joff Wild, IAM Magazine on 12 February 2010 @ 4:19PM
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Snow news is bad news at the USPTO

The blizzards that have battered Washington DC over recent days have meant that the US Patent and Trademark Office has been closed since Monday and will be again today.  On one of my infrequent forays into the world of Tweeting I saw that Erin-Michael Gill is pointing out that should the office be forced to shut again tomorrow, that will mean the loss of 2% of annual examination hours. When you are trying to eat into a backlog of applications that is forecast to stand ...

Posted by Joff Wild, IAM Magazine on 11 February 2010 @ 1:54PM
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