This article was originally published by The Lawyer’s Daily, (www.thelawyersdaily.ca) a division of LexisNexis Canada.” Author:
This article was originally published by The Lawyer’s Daily, (www.thelawyersdaily.ca) a division of LexisNexis Canada.” Author:
Is there a value assigned to your intellectual property in its consumer markets? What valuations can be assigned to your intellectual property? The objective of an IP valuation is to provide a dollar value to the specified intellectual property.
Canaan Bridges Consulting | 3 minute read World Intellectual Property (IP) Day was celebrated a few
If you have just started a business or will be doing so, here a few tips that may help you in keeping your business relevant and viable now and in post COVID-19 times.
What does this mean for your business? Knowing your markets IP rules and their roots are important, it helps to set a sound framework for how your products and services will operate in domestic and foreign jurisdictions. Knowledge of the implications of ratified trade agreements or on-going trade negotiations on your IP also helps you to forecast how changes in IP rules will impact your bottom dollar in vulnerable markets.
High IP activity in the form of registration only has an effect upon innovation if the IP is active in domestic, regional or international markets.
Consistency and sustainability are important keys in the mix. As an aspect of intellectual property and innovation projects, women economic empowerment initiatives need to be consistent and sustainable in their approaches.
How should Geographical Indications (GIs) be positioned in 2020 and beyond so as to remain or become worthwhile IP in your economy? It takes forgetting the old, shaping the new, and taking the new route.
What role can IP play in supporting a progressive blue economy in emerging and developed countries?
It is very likely that the IP provisions of a US-China trade deal will have “fixes” to these shortfalls through specific provisions on trade secrets, copyright protection and enforcement, geographical indications, trademarks and digital trade (and more).