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Archive - September 2011
There is growing disquiet among senior patent lawyers and attorneys in Europe over current proposals for a unified EU patent litigation system and court. Two papers, one from the sub-group of a committee constituted by the UK’s IP Office, the other put together by the European Patent Lawyers Association, come to pretty much the same conclusion: as things stand, the proposals are deeply flawed and need significant revision. In the introduction to its report the sub-group ...
Posted by Joff Wild, IAM Magazine on 29 September 2011 @ 12:55PM
Yesterday’s announcement that Microsoft and Samsung have agreed a cross-licensing deal which involves the former receiving “royalties for Samsung’s mobile phones and tablets running the Android mobile platform” came as little surprise. The two companies have been in negotiations over a deal for a few months at least. In early July news broke that Microsoft was seeking a royalty of $15 per Android device, while Samsung was willing to pay $10. Even assuming ...
Posted by Joff Wild, IAM Magazine on 29 September 2011 @ 12:05PM
In a few weeks time we will be announcing the preliminary programme for the next IP Business Congress, which will take place at the Hotel Cascais Miragem, just outside Lisbon, Portugal, from 24th to 26th June 2012. I am not going to pre-empt that announcement in any way, but what I will say is that just as in previous years the IPBC will be focusing on cutting edge issues around the creation of corporate IP value. And as we all know there is plenty to talk about on that front. A lot ...
Posted by Joff Wild, IAM Magazine on 27 September 2011 @ 6:51PM
Yesterday the Kodak share price went through the floor on the news that the company had unexpectedly drawn down $160 million worth of credit. The stock closed at a 37-year low, with the company valued at less than $500 million. For those of us who do not work in the world of finance, that is a puzzling amount given that there is talk that the portfolio of patents the company is offering for sale could fetch up to $3 billion. In the past, the gap between relatively low net book values ...
Posted by Joff Wild, IAM Magazine on 27 September 2011 @ 1:21PM
Last Friday I was sent a very interesting press release from Zacco, Europe’s largest IP consultancy, which has 550 employees based in 12 countries. It reads: Eterna Invest has become a significant owner of the Intellectual Property consultancy Zacco. Eterna makes equity investments in growing companies with proven business models and a track record of revenue and earnings growth and with a leadership capable of sustaining that growth. Eterna assists these companies ...
Posted by Joff Wild, IAM Magazine on 26 September 2011 @ 3:53PM
Last Friday, US Treasury Secretary Tim Geithner was unusually outspoken in the criticism he offered of the level of protection afforded to American IP in China. Speaking at an event in Washington DC, Geithner is quoted by Reuters as saying that the Chinese “have made possible systematic stealing of intellectual property of American companies and have not been very aggressive to put in place the basic protections for property rights that every serious economy needs over ...
Posted by Joff Wild, IAM Magazine on 25 September 2011 @ 12:34PM
Following the success of the Pirate Party in the Berlin elections last Sunday, I had a little look at how its sister IP-sceptic parties in other European countries are currently getting on in comparison. Using the wikipedia Pirate Parties International page as my starting point, I discovered that some are doing a lot better than others: France - Parti Pirat Established in 2006, split in 2007 when a second party was formed: Le Parti Pirate Français Canal ...
Posted by Joff Wild, IAM Magazine on 23 September 2011 @ 3:17PM
In findings that should be filed under “No S**t Sherlock”, James Bessen, Jennifer Ford and Michael Meurer report that a detailed analysis of the stock price movements of publicly-quoted operating companies in the days following patent assertions by NPEs shows that they fall, sometimes quite sharply. Whoever would have thought it? The authors conclude: “The loss of billions of dollars of wealth associated with these lawsuits harms society. While the lawsuits increase ...
Posted by Joff Wild, IAM Magazine on 22 September 2011 @ 6:36AM
This empirical study investigates the dynamic link between patent growth and GDP growth in G7 economies. ARDL model showed that there exist positive relationship in long run between quarterly growth of patents and quarterly GDP growth. The error correction term suggests that 20,6 percent of the adjustment back to long run equilibrium of industrial production in G7 countries is corrected by 20,6% a year, following a shock like the one in 1974 , which in our study is controlled by a ...
Posted by Joff Wild, IAM Magazine on 20 September 2011 @ 11:43AM
The Pirate Party, which among other things stands on an anti-patent, anti-copyright platform, has won 9% of the vote in elections to the Berlin regional government, which were held today (Sunday). This means that all 15 of the party's candidates that stood for election will sit in the new parliament. To get an idea of the scale of the success, consider this: the Free Democrat Party, the junior party in the national German coalition headed by Angela Merkel saw its vote collapse to ...
Posted by Joff Wild, IAM Magazine on 18 September 2011 @ 9:12PM