The Minesoft development team has been working hard on new PatBase enhancements to provide users with useful features to help with their patent searching needs. These include a new Patent Valuation System and Insights tab to help understand the potential value of a patent, recently added EP Designs documents which can be easily searched for using a kind code, and a new Unified Patent Court legal event code. More…
3D printing technology has revolutionized the way we manufacture products, from everyday household items to complex machinery parts. It has created a new industry and has the potential to change the way we live and work. However, as with any new technology, the question of intellectual property rights arises, particularly in terms of patents. In this blog post, we’ll explore the interplay between 3D printing and patents and what it means for businesses and individuals. More…
Traditionally, companies have used a closed patent strategy designed to protect and prolong the lifecycle of existing technologies from competitors. Patents remain a popular way of safeguarding original work, with almost 188,600 applications received by the EPO in 2021 – a 4.5% increase, showing a significant recovery from the small decline recorded in 2020 due to the pandemic.
Intellectual Property (IP) is commonly seen as one of the most important economic assets of any corporate entity or research organisation. It is a form of property, which, like land can be sold, rented, or mortgaged. Therefore, it has the potential to generate revenue for a business – even indirectly – and like land, its value depends on its quality. The four main types of IP are patents, trademarks, designs, and copyright. This article focuses on patents, and their commercialisation since these are of the most economic value to innovative companies.
Facebook’s rebranding to ‘Meta’ last year brought renewed attention to the metaverse, driving innovation in both hardware and software technology spaces. The introduction of Meta may be relatively recent but the development and patenting of metaverse technologies has been ongoing for decades. Although some companies already have vast patent portfolios, due to the size of the metaverse space, there are still plenty of opportunities for innovation and patenting. So, what is the metaverse and what innovations are eligible for patent protection? More…
With the increasing need for fully global citation analysis for international organisations, the volume and complexity of patent citations makes it a difficult area to efficiently navigate. However, with the right tools it is also an exceptionally valuable one. PatBase and Analytics V3 support innovators and legal professionals across all industries gain competitive and business intelligence by performing accurate patent citations analysis. More…
A stream of recent licensing deals between big pharma companies and AI-driven drug development innovators reflects an evolution that has been picking up pace in recent years. Pharmaceutical companies are integrating, more and more, artificial intelligence and other data-based technologies into their business models. This trend suggests pharma innovators are leaning increasingly heavily on AI technology owners. The increase in cash flow into the healthcare AI sector could lead to several IP strategy implications for life sciences organisations, pointed out in IAM Media’s article. More…
In July this year, the UK Government laid out its new Innovation Strategy. In the Innovation Strategy: Leading the future by creating builds on the Plan for Growth, the Government opens up a conversation with businesses on how to make the UK a global hub for innovation by 2035. Although there are some important initiatives that will have a positive impact on R&D, there are also some issues that need to be addressed. Most importantly, the lack of education around the necessity to protect intellectual property via patents.
In a recent article in ‘The Patent Magazine,’ Alessio Iannicelli discusses the agreement Apple Inc is about to sign with LG to produce the first 100% electric Apple Car. Although no date has been set for production to begin, sources claim that Apple plans to unveil the car before the end of 2022 and put it on the market by 2025. More…
