Talk of poor quality patents and flooding has become commonplace over
recent years, but a closer look at the facts suggests that things are not as
bad as they first seem. While patent offices do face serious challenges,
major changes to the current system are not the answer
The Delaware Supreme Court has recently handed down a decision which
could have a profound impact on the board members of many US
companies. It indicates that failure to oversee intellectual assets may lead
to personal liability.
A new online forum could hold the key to creating a standardised market for
patents in Europe. If it is successful, companies may be able to release
and find significant untapped value.
The IP community has a communication problem and if it does not
recognise this, and then do something about it, the long-term effects could
be disastrous.
The value of intangible assets is in the eye of the beholder. If you do not
understand this fundamental truth then all your attempts to discover how
much your intangibles are worth will be doomed to failure.
The shift from the familiar corporate asset bases – centred upon traditional
physical and financial assets – to one increasingly based upon intangible
intellectual capital assets brings with it changing laws and subtle new
ethical problems.