Enabling Innovation Policies
Innovation ecosystems are complex. They involve many actors, which must be motivated to invest in risky new ventures with no guarantee of success. They rest on a foundation of enabling policies in areas including intellectual property, trade, investment, rule of law, and education. A productive innovation ecosystem provides legal certainty and predictability for innovators. IP protection and enforcement frameworks are important in this regard. Patent rules should be business-model neutral and aimed at supporting innovation over the long-term. Trade secret protection, which can help innovators to manage valuable, confidential information, is particularly relevant for SMEs and individual inventors. Rules that enable public and private sector entities to share knowledge and jointly commercialize R&D can ensure that breakthroughs don’t sit on the shelf. Through Innovation Council, members weigh in on the range of policies that can advance innovation across sectors and regions.
Patenting and Covid-19 Vaccines
Patents have had an important role in organising the collaborations that led to the development and commercialization of COVID-19 vaccines. Patenting is a crucial tool in research-based industries like pharmaceuticals and biologics and can be a means to encourage collaboration. Terms can be negotiated to have different types of expertise combined in one project. The virus will likely garner another sort of PIP-type or any other similar program which will encourage contractual licensing of innovative IP in exchange for access to specialized expertise or important biological data. Monopolisation should clearly be avoided, and patent pooling must be the way forward to obtain sufficient vaccines for Covid-19 as early as possible.
Call for Applications: 2021-22 Edison Innovation Law and Policy Fellowships
The Center for the Protection of Intellectual Property (CPIP) at George Mason University Antonin Scalia Law School invites applications for a non-resident fellowship program designed to develop rigorous scholarship on intellectual property (IP), creativity, and innovation law and policy. The Edison Fellowship promotes excellent academic research about IP and related rights in the innovative and creative communities. The program consists of a series of invitation-only conferences over the course of a year. Over the course of these conferences, Edison Fellows work under the guidance of distinguished senior commentators, and with each other, to turn paper ideas into polished manuscripts publishable in law reviews or other academic journals.
A review of SDO IPR Policies: Do they require component level licensing?
This paper by Richard Vary (Bird & Bird) sets out a detailed analysis of the intellectual property rights policies (IPR policies) of standard development organizations (SDOs) in the mobile technology sector. SDOs’ IPR policies enable innovators to contribute their best technologies to standardization processes, in the knowledge they will achieve a fair return on their R&D investments through licensing at the end product level.
The result is a virtuous cycle of innovation whereby earnings from licensing standardized technology are re-invested in R&D, contributing to evolution of the technology. He shows that none of the IPR policies requires the IPR holder to offer licenses of its essential IPR to component makers.
All of the policies would appear to permit holders of essential IPR to adopt a policy of licensing to the end-user product manufacturer. Many of the policies contain wording that could only be relevant or applicable when licensing to parties who buy in components from component makers, such as end-user product manufacturers.
Nations Sign First Agreement to Unlock Potential of Emerging Tech
Speaking at a panel organized by the World Economic Forum and the Organisation for Economic Co-operation and Development (OECD), ministers from Canada, Denmark, Italy, Japan, Singapore, United Arab Emirates and United Kingdom announced their plan to lead the world in fostering responsible innovation and entrepreneurship. The Agile Nations Charter sets out each country’s commitment to creating a regulatory environment in which new ideas can thrive. Read full article here.
Webinar: Ensuring leadership on 5G
Looking ahead to 2021 and beyond, this webinar explores the future of technological leadership, with a focus on 5G and other emerging technologies. Panelists discuss the roles that business and government will play in building the next generation of technologies.
Topics include:
- What is 5G?
- 5g use cases: examples from the U.S. and Germany
- Challenges to using 5G
- How we can engender innovation related to 5G
Webinar: Promoting Diversity in U.S. Innovation
When the American patent system becomes more diverse, America’s innovation economy becomes stronger and more successful. Inventors who hold patents consistently earn higher incomes than non-inventors, and businesses with patents—especially small businesses and startups owned by women and people of color—are better able to access capital, attract customers and licensees, and create jobs than businesses without IP. Inventors, academics, industry leaders, advocacy leaders, policymakers, and other stakeholders must work together to close the patent gaps for women, people of color, and low-income individuals to help close wage and wealth gaps, strengthen the U.S. economy, and develop new and different inventions. This webinar discusses how policymakers, educators, and the private sector are working to ensure that everyone has the opportunity to invent and patent.
U.S. patent chief warns against ‘drastic’ actions in light of COVID
A top U.S. official on Tuesday dismissed calls for countries to waive intellectual property protections on vaccines and other products to fight the coronavirus pandemic.
“Before any drastic measures are taken with respect to IP rights, evidence must be brought to bear that such measures are actually needed,” Andrei Iancu, director of the U.S. Patent and Trademark Office, said during a discussion hosted by the U.S. Chamber of Commerce. “This has not happened.”
“To the contrary, the evidence to date shows that there is an unprecedented level of cooperation in industry, and that IP has facilitated this worldwide cooperation,” Iancu added.
Singapore approves a lab-grown meat product
Singapore’s Food Agency has approved for sale a lab-grown meat product, a global first. Read more.
Semiconductors & the WTO
This report by the Semiconductor Industry Association argues that the steady opening of markets and leveling of the global playing field spearheaded by the WTO over the past 25 years has been critical to the success of the global semiconductor industry. Given the sheer volume and complexity of global semiconductor trade, along with high capital costs and short product life-cycles, the ability to move semiconductor goods and materials freely, fairly, and efficiently across borders has been critical to the industry’s success and technological progress.