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India’s stock as an innovation centre is at an all-time high. A highly-skilled
young workforce, sustained government investment in education, low labour
costs and a reverse brain-drain have created an environment where IT, biotech
and pharma R&D can all flourish. Full TRIPs compliance, due in 2005, makes
the picture even rosier. By Nigel Page
Technology licensing rules have recently undergone a major change in Europe.
As a result, deal-making across the continent is going to get a lot more
complicated. By David Wood and Isabel Davies
It may not be the most glamorous subject in the world but for any organisation
that owns intellectual property it is among the most important. Because if you
get tax wrong it can end up costing you a huge amount of money
To maximise the value of intellectual assets it is important to ensure that the
way they are managed is a fully integrated part of company strategy. This does
not need to be a daunting task if a series of key points are followed.
Steve Manton reports
Donating valuable IP to non-profit research institutions seems to create a
virtuous circle: businesses shed some of the cost of maintaining their IP
portfolio, and the potential benefits of new technologies can still reach society.
But in the US, the IRS is suspicious that the substantial tax breaks available
from such generosity are being abused, and it has vowed to tackle the issue
head on. By Adrian Preston
Bottom line return and sustained improvement in stock performance are
among the principle reasons for initiating any intellectual asset management
programme. There may be general principles to follow but, when it comes down
to it, companies have to formulate strategies that reflect their specific
circumstances. Multinational corporation Motorola and English start-up
Cambridge Display Technology are two cases in point. Keith Bergelt, who has
held senior positions at both, reports
New international accountancy rules that came into force at the end of
March 2004 mean that there is a much greater need for companies to report
the value of any intangibles that form part of an acquisition.
By Nick Rea and Romil Radia
The imminent public offering of Google
shares seems set to be the event of the
year in the United States. Those looking
to invest in the company should take a
close look at Google’s brand
The INTA has been at the forefront of the
battle against counterfeiting and piracy.
Although such efforts need to continue, it
is also important to tackle the reluctance
of some rights owners to put in place
effective strategies against IP theft.
At the LES International meeting held in Paris at the end of March, delegates heard
an influential economist explain why he thought the patent system needed reforming.
His presentation, however, provided many more questions than answers
The Medicare Act 2003 was not
only about giving senior citizens in
the US greater access to
prescription drugs. It also contained
provisions designed to simplify the
entry of generic pharmaceutical
products into the market
Managing the value of an
intellectual property portfolio often
comes down to following a series
of important principles
Getting the right decision in court
does not guarantee a happy outcome
for the victorious party. Because of
this, companies need to be extremely
careful before choosing full-scale