recentpopularlog in

Copy this bookmark:





to read

bookmark detail

Canada needs an innovative intellectual property strategy - The Globe and Mail
JAMES HINTON AND PETER COWAN
Special to The Globe and Mail
Published Friday, May 19, 2017

Canada has never before had a national IP strategy, so getting it right will set the stage for subsequent innovation strategies. Here are some factors that our policy makers must take into account:

(1) Canadian innovators have only a basic understanding about IP

Canadian entrepreneurs understand IP strategy as a defensive mechanism to protect their products. In reality, IP is the most critical

(2) Focus on global IP landscape, rather than tweak domestic IP rules

Canada’s IP regime, including the Canadian Intellectual Property Office, needs a strategy that reflects global norms for IP protection, protects Canadian consumers and shrewdly supports Canadian innovators.l tool for revenue growth and global expansion in a 21st-century economy.

(3) Canadian businesses own a dismal amount of IP

Although IP has emerged as the most valuable corporate asset over the past two decades, it is overlooked by Canadian policy makers and businesses.
(4) Building quality patent portfolio requires technically savvy experts

A high-quality patent portfolio needs to include issued and in-force patents, including patents outside of Canada in key markets such as the United States and Europe. Strong portfolios will also have broad sets of claims that are practised by industry, spread across many patents creating a cloud of rights with pending applications.
(5) IP benefits from public-private partnerships are flowing out of country.

Canada’s innovation strategy must consider ownership and retention of our IP as one of its core principles. Are we satisfied with perpetually funding IP creation while letting foreign countries reap the benefits?
21st._century  Canada  Canadian  defensive_tactics  digital_economy  digital_savvy  digital_strategies  high-quality  intangibles  intellectual_property  IP_generation  IP_retention  Jim_Balsillie  overlooked  patents  policymakers  portfolios  portfolio_management  property_rights  protocols  strategic_thinking 
may 2017 by jerryking
view in context