Illinois Institute of Technology

Blog

28 Nov 2014

Maybe the real problem with Bessen and Meurer is that they just don't understand economics

This blog has run a few pieces recently that focus on the increasingly questionable work of James Bessen and Michael Meurer, the two Boston University academics whose research has so often been cited by those who believe that fundamental reform of the US patent system is necessary (see here, here and here).  Following the publication of the blogs, last week, we received an email from Matt Miskimin, Director of IP monetisation and transactions at AWAIPro AB in Sweden, who thought there Read more

Joff Wild

28 Nov 2014

Korea leads the world on R&D spend, but is still a net importer of technology

The Organisation for Economic Cooperation and Development (OECD) recently released Science, Technology and Industry Outlook 2014, which highlighted South Korea as the world’s most R&D intensive country in 2012. According to Korea Bizwire, the equivalent of 4.6% of the country’s GDP was spent on R&D that year; while it also came top in terms of the rate of R&D spending as a proportion of total revenue, at 3.4%. The Asia Development Bank also recently ranked South Read more

Jack Ellis

27 Nov 2014

Advocate-general's opinion dismissing Spanish argument against EU unitary patent system makes it 80% likely it will be up and running by 2017

The negotiations to create an EU unitary patent and unified patent court (UPC) have been excruciatingly slow and, at times, acrimonious. Proof of the latter point is that Spain, one of the EU’s major economies, has refused to sign up and has instead challenged the legality of the project. Last week, the advocate general of the Court of Justice of the European Union (CJEU) delivered a non-binding opinion on the Spanish case. Bristows partner Alan Johnson looks at what was decided and why Read more

Joff Wild

27 Nov 2014

Samsung Electronics has paid billions in royalties to secure freedom to operate

Samsung Electronics spent 1.38 trillion won (US$898.1 million) on patent licence fees between January and September this year, according to regulatory filings it submitted to South Korea’s Financial Supervisory Service this week. Patent royalties cost the company 754.3 billion won during the first quarter of 2014 – coinciding with the announcement of major cross-licensing deals with Cisco, Ericsson and Google – followed by payments of 620.9 billion won and 10 Read more

Jack Ellis

25 Nov 2014

Google on the cutting edge of corporate patent departments' embrace of big data

In the next issue of IAM we have an in-depth feature on Google's formidable patent operation that looks at how it has evolved since Allen Lo took charge in early 2012. As well as Lo himself, we also interviewed key players in the team, including litigation head Catherine Lacavera, head of transactions Kirk Dailey and Washington DC-based head of patent policy Suzanne Michel. What emerges is a fascinating story of how and why a company that once spurned patents as tools of strategic Read more

Richard Lloyd

25 Nov 2014

To BlackBerry investors: IP is a necessary operational cost – but can also be revenue generator

There has been debate over at the Seeking Alpha investment news site this week over the supposed $800 million that BlackBerry is expected to save in annual ‘intellectual property costs’ from this month. Much of the discussion there has, understandably, centred on the accuracy of this forecast, what it means for BlackBerry shareholders and, ultimately, what they should do with their stocks. This isn’t a fitting place to continue that line of enquiry (and it’s not Read more

Jack Ellis

24 Nov 2014

Lee confirmation hearings are the time to move the 101 debate beyond the US courts

Ultramercial v Hulu, opposing interpretations of which have been discussed here and here on the IAM blog over recent days, is the latest case in the post-Alice era where the patents in question foundered on section 101 ineligibility grounds. And as most readers of this blog and even casual patent market observers are probably aware, there is much confusion in large parts of the US IP community over the current standing of 101. Whichever way you view the Ultramercial decision, the fact that Read more

Richard Lloyd

21 Nov 2014

Software patent owners have nothing to fear from the CAFC's Ultramercial decision, says Microsoft's former chief patent counsel

This time last week, the Court of Appeals for the Federal Circuit issued its decision in Ultramercial v Hulu. Almost immediately, it seemed opinion in the US split down the middle: either it was the latest proof that software patents are now living on borrowed time; or it was a case-specific judgment that should have little broader impact. Yesterday on the blog, we published the views of Francis Rushford of RSL Holdings, who is very much in the former camp. Today, we move across to the other Read more

Joff Wild

21 Nov 2014

Indian court takes the lead on FRAND licensing in Asia

The Delhi High Court has ordered that smartphone manufacturer Micromax pay Ericsson royalties on all products it sells while a standards-essential patent (SEP) suit brought against it by the Swedish company – and an accompanying antitrust investigation – continues. The court issued an interim order last week stating that Micromax – which dominates the low-price end of the consumer smartphone market in India – should pay a royalty of close to 1% of the selling price Read more

Jack Ellis

20 Nov 2014

Claims that CAFC's Ultramercial decision could prove a catastrophe for companies that license software patents

Last week, the Court of Appeals for the Federal Circuit delivered its decision in Ultramercial Inc v Hulu LLC. This was the first time since the Supreme Court’s controversial Alice judgment that the court had dealt with a software patent issue, so its ruling has been greatly anticipated. Not being lawyers ourselves, and therefore unqualified to assess the full implications of what was decided, we asked a few people who do have the credentials to make a call. As has become pretty usual Read more

Joff Wild

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