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jerryking : ip_generation   2

Canada’s IP strategy is not in step with our innovation and commercialization goals - The Globe and Mail
JIM HINTON AND PETER COWAN
CONTRIBUTED TO THE GLOBE AND MAIL
PUBLISHED 57 MINUTES AGO
UPDATED NOVEMBER 25, 2018
Jim Hinton is a principal at Own Innovation and Peter Cowan is a principal at Northworks IP

There is a global arms race for artificial intelligence-related intellectual property. The United States and China are amassing thousands of patent filings related to AI and machine learning.....The hype surrounding R&D funding has not translated to commercialization of AI outside of a small handful of domestic high-growth companies, such as Hatch and Sightline Innovation. This confirms what we already know: Innovation and IP funding announcements alone are not a strategy for growth. What Canada needs is a strategy to own its AI innovations and turn them into prosperity engines for the Canadian economy.

Lost in the hype around Canada becoming an AI hub is an absolute lack of follow-through to ensure intellectual property (IP) rights are preserved for current and future Canadian commercialization needs. There is currently no strategy in any of the taxpayer-funded programs ensuring IP ownership is maintained for the benefit of the Canadian economy. ......Companies such as Alphabet, Huawei and others will continue to partner with Canadian universities and use Canadian taxpayer-funded technology to their global advantage: Of the 100 or so machine learning-related patents that have been developed in Canada over the past 10 years, more than half have ended up in the hands of foreign companies such as Microsoft and IBM.......

.........To reverse the status quo, Canada’s IP strategy must include at least four key tactics: (1) IP generation, ensuring that Canadian firms own valuable IP and data stocks; (2) IP retention; (3) freedom to operate strategies for our innovative high-growth companies; and (4) alignment of the national IP strategy with the national data strategy.
arms_race  artificial_intelligence  Canada  commercialization  innovation  intellectual_property  IP_generation  IP_retention  Jim_Balsillie  machine_learning  property_rights 
november 2018 by jerryking
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

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