Posts Tagged: "IAM"

Managing Intellectual Property Magazine has named IPWatchdog Founder and CEO as one of its 50 Most Influential People in IP for 2019. Managing IP’s write-up pointed to IPWatchdog’s 20th anniversary celebration as evidence of the considerable influence Quinn, who was named as a “Notable Individual,” has had on the IP community. “[An IPWatchdog post honoring the two-decade milestone] includes commendations from none other than three former judges and two previous USPTO directors,” the Managing IP blurb noted. The 50 Most Influential People in IP list includes figures ranging from USPTO Director Andrei Iancu and Senator Chris Coons (D-DE) to Lord Justice Richard Arnold of the England and Wales Court, China’s President Xi Xinping and Banksy.

This week in other IP news, recently released data shows that worldwide revenues for music copyright exceeded $28 billion in 2017, up $2 billion over 2016; reports surface about the  “reverse patent trolling” issue in China; Google retains Williams & Connolly for Supreme Court battle with Oracle despite Shanmugam exit; the Copyright Office holds roundtable discussions on detecting online copyright infringement; Twitter takes down a tweet from President Donald Trump after a copyright complaint; “KINKEDIN” trademark for computer dating site successfully opposed in the UK by LinkedIn; EU antitrust regulators are petitioned to look into Nokia patent licensing practices; and loss of patent exclusivity leads to major job cuts at Gilead Sciences. 

Swedish multinational telecommunications company Ericsson and South Korean consumer electronics firm LG Electronics announced that they had entered into a global licensing agreement to cross-license patent portfolios held by both companies. The patents in these portfolios include standard-essential patents (SEPs) related to various cellular technologies, including those related to second generation (2G), third generation (3G) and fourth generation (4G) cellular standards.

Gene Quinn, has been named to the 2018 IAM Strategy 300, which recognizes The World’s Leading IP Strategists. This marks the second consecutive year Gene has been recognized by IAM as one of the top IP strategists in the world.

As patents become more essential to more businesses, investors are going to want to have more information about them. They’re going to want to have more visibility about the decisions being made around patents and so they’re going to need to know what’s going on in terms of deal making. They’re going to need to understand why deals are being done, how much they’re being done for and that kind of stuff. And another issue I think which is really important is what’s going on in the moment between the U.S. and China in terms of IP and the U.S. being very concerned about Chinese companies getting hold of U.S. technology. We all know for the last 10 years, Chinese companies have been buying shedloads of U.S. patents. But what more do we know than that?

Patent Monetization is a wake. The Patent System failed US tech companies. Licensing is dead. Patent values are zero – perhaps even negative…. The Silicon Valley elites have patent strangled start-ups and hire away their talent. There is no respect for patents at all. Zero. Nada. Ironic in view of the past creation of Silicon Valley where patents were, once upon a time, the driver of value accretion. Not anymore. Data is the new “oil” in them thar hills. If you have and can secure and sell data, you’ve got it made. Gee, sure hope you do not rely on patents to protect any of what you do to collect, secure and sell that data!

The second (lunch) keynote was from a patent fan: Senator Chris Coons (D-DE). By now, I have heard him speak on several occasions and it is always welcome to be reminded that the patent system has an advocate on the Hill. If only more could be recruited to his point of view. He spoke of the constitutional pedigree of our patent system, how well it has worked to achieve it goals over the years, and how the system has been steadily undermined in recent years. He gave a cogent summary of the Supreme Court harpooning of the patent system: eBay: no injunctive relief; Bilski: software tossed aside; Mayo: diagnostics sidelined; Myriad: discoveries eliminated; Alice: finishing off what Bilski started. Combine this with the AIA, and you have a rout. The only solution going forward is for Congress to address these issues. Waiting for the Courts is too too slow, and potentially fatal to the system as users sign-off, and the initiative in technology lost to others who have maintained and improved protection for the same subject matter.

IPWatchdog is pleased to announce that IPWatchdog Founder, Gene Quinn, has been named to the 2017 IAM Strategy 300, which recognizes The World’s Leading IP Strategists. The award honors industry professionals who are changing the ways in which intellectual property is protected and managed, raising the bar on the practice of patent, trade secret, trademark and copyright law, and leading innovation in the field. The minimum requirement for inclusion in the guide is three nominations from outside the individual’s own organization, with nominees being thoroughly reviewed and vetted by an IAM committee.

The way Lee talks about the PTAB makes me wonder whether she is referring to the same entity that I commonly refer to as the PTAB. Indeed, Lee’s remarks come across as if leprechauns are dancing across a magical rainbow in search of unicorns being ridden by fairies. It is a fiction that I am just not familiar with; a fiction that patent owners simply do not recognize to be true… To then say that innovation isn’t served if patents are only issued after many years of examination reeks of being hopelessly out of touch. In certain areas of the Patent Office it is not at all unusual for applicants to be awarded 10 years of additional patent term; term that is awarded as the result of Patent Office delay. Getting any patent takes years, getting a worthwhile patent in a commercially viable market segment takes many years, if not a decade or longer. NEWSFLASH: Innovation is already not being served because many innovators do not obtain a patent for extraordinary and unreasonable lengths of time. It is almost as if patent examiners fight a war of attrition against applicants, who are treated like the enemy.

With 22 vendors currently on the IAM Market, the online portal has seen about 50 percent growth since launching last year. “To be honest, my ambition is that we’d be further down the road than we are now with vendors,” Stewart said. Although he was pleased with the patent marketplace’s current status, he’d be “plenty more pleased” when they have 50 or more vendors on the site. Stewart also expressed some surprise as to the amount of information available in some of theportfolio presentations provided by vendor companies to IAM Market. “These are major corporations looking to monetize assets, we thought they would just have presentation packs that could be uploaded, but in many cases it’s not,” he said.