This article appeared in a publication commemorating the 100 year existence of the Dutch "Patent Act 1910", published by the Netherlands Patent Office ("Octrooicentrum Nederland") in 2010 by Severin de Wit It is not generally known that the Patent Act 1910 marked the end of an era in which no patent legislation existed. A major feature of the latter half of nineteenth-century Europe was that of an anti-patent sentiment, but it was primarily in the Netherlands that it actually gained a

Author: 2 weeks ago

How Nokia’s smartphone software strategy failed and ultimately killed the brand. Much has been written about the ups and downs of the cellular / mobile phone industry over the past 25 years, and particularly the smartphone industry in more recent times. There seems to be a rule in this particular sector that the leading companies eventually lose their positions – often quickly and brutally. Mobile phone champion Nokia, one of Europe’s biggest technology success stories, was no exception, losing its market

Author: 3 weeks ago

Patents contribute to a company’s results, revenue, stock performance and reputation – they are one of the most important strategic assets for R&D-intensive firms. Patents have been highly influencing firms' value in different ways, being at the same time a sort of signalling device to consumers, competitors, venture capitalists or other investors. They are recognized as a monetary asset as valuable as a bond or currency by world trade regulation. This chapter is intended to review the various ways patents

Author: 4 weeks ago

Patent claims can be mapped to a variety of parameters to support critical business decisions. As the name suggests, patent product mapping is about clearly linking a patent and one or more of the claims of that patent to a specific product or a specific component, part, feature or function within that product. Patent product mapping is frequently used to map one's own patents to one's own products, to evaluate the level of alignment here, and to help identify the

Author: 1 month ago

As research has shown, owners have an incentive to exaggerate the valuation of their property. This is true for all kind of property but is it also true for intellectual property? People are reluctant to part with their property, and the amount that they are willing to accept to sell it generally far exceeds the amount that others are willing to pay for it. This gap has been termed the “endowment effect”[1] and it has been detected for a number

Author: 1 month ago

IP-centric businesses whose shares trade on the public markets come in many shapes and sizes — some are better suited for return than others. Many of the most interesting IP-rich businesses, from an investor perspective, are publicly traded, thinly capitalized companies with experienced management. The best have a realistic view of their IP assets, usually patents, and the timing and cost of their disputes and value of potential licenses. The emergence of public IP-rich companies (PIPCOs) whose shares trade on the global exchanges is presenting new opportunities for patent holders

Author: 1 month ago

Technology transfer of new ideas and innovation from universities and research institutes into society is a major source of Europe’s “knowledge economy”. However, EU firms are struggling to better exploit public-funded research (like those from universities) and transform their findings into patents and innovations that generate growth.  Barriers to collaboration between the public and private sectors exist, in particular when it comes to sharing revenues and costs. European law on how to deal with inventions made by university professors and whether

Author: 2 months ago

One simple yet effective way to build a level of discipline into the invention handling process is to define a standard template for invention reports coming from the inventor community.  If the idea is of potential value and is patentable, then the inventor should complete an invention report.  An invention report is the first step in obtaining patent protection but does not constitute the filing of the patent application.  Such a report should be completed for each discovery or invention

Author: 4 months ago

Every once in a while it makes sense to reconsider one's international or foreign patent filing strategies, basically asking in which jurisdictions should I try to obtain patent protection, and on what basis should I make such decisions. To do this we pulled together comments from IPR colleagues in corporate IP departments, in academia, in intellectual property private practice, in some IP service providers as well as our own experiences and learnings in this space. As far as international or foreign

Author: 7 months ago

On May 12 & 13 the Third Annual International Taxation of Intellectual Property Conference will be held in Amsterdam Managing the tax issues and transactional consequences relating to your intellectual property assets is a critical part of realizing your company's full IP potential. The Third Annual Taxation of Intellectual Property conference will help you to understand the increasing importance of IP related tax issues and provide you with a comprehensive analysis of the issues, developments and skills required for successful IP

Author: 9 months ago

Computer software (or just software) is a general term primarily used for digitally stored data such as computer programs and other kinds of information read and written by computers. Today, this includes data that has not traditionally been associated with computers, such as film, tapes and records. Software is a lot more than just the Microsoft applications which run on a desktop PC or the enterprise applications which run on servers. Software includes such diverse things as video games, web sites,

Author: 9 months ago

Intangible property is one of the most important areas of Transfer Pricing at the moment. Today, intangible property generally represents between 40 and 80 percent of ‘value-add’ of multinational enterprises (MNEs), making it a key component of a MNEs value-chain. Intangible property includes business rights associated with commercial activities, including marketing activities. Intangible property will not always be shown on the balance sheet of a company, and often intangible property attracts a considerable risk, e.g. contract or product liability. There are

Author: 9 months ago