Innovation Asset Blog

IP-intensive industries generate 1 in 3 EU jobs

There is a lingering perception among some that intellectual property management strictly concerns the accumulation of wealth from one's ideas. However, a new study from the European Patent Office once again confirmed the salutary effect IP-intensive industries has on the economy as a whole.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

FTC intent on investigating patent assertion entities

The U.S. Federal Trade Commission is seeking public comment on a proposal that would allow for broad investigation into the business practices of so-called patent assertion entities (PAEs). The government agency would use its power of subpoena to examine the activities of approximately 40 organizations, 15 of which would be centered in the wireless communications sector.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Mayo Clinic joins AZ tech transfer program

The American Southwest continues to be an emerging hub of technology transfer activities as Mayo Clinic recently confirmed its decision to join the Arizona Furnace startup accelerator program.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Research underscores current concentration of US patent cases

The escalation of patent lawsuit filings has been discussed many times in recent years, but the latest statistics surrounding the geographic concentration of that activity may still be surprising to some. According to an analysis conducted by Perkins Coie partner James Pistorino, more than 45 percent of U.S. patent cases were filed in either Delaware of the Eastern District of Texas so far in 2013.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Pandora licensing victory keeps music catalog available

For online music streaming service Pandora, the breadth of its song catalog is a key determinant of the value it represents to customers. Following a recent district court judgment, the company should now be assured full access to the American Society of Composers, Authors and Publishers (ASCAP) catalog through 2015.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

BB&T seeks assistance of business method review program

The USPTO's Transitional Program for Covered Business Method Patents was specifically installed to dissolve confusion surrounding the validity of financial product and service patents. The framework will soon receive its next test from Branch Banking and Trust (BB&T), which hopes to deflect an infringement suit regarding the electronic transfer of funds.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

IP oversights could compromise startup branding

When a company is first getting operations up off the ground, the majority of its assets are likely to be intellectual in nature. Startups that fail to protect those resources accordingly could consequently risk spoiling any early success with legal troubles down the line.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Patent licensing deal helps Honeywell seal acquisition

Honeywell's proposed acquisition of mobile manufacturing hardware leader Intermec had raised the interest of the U.S. Federal Trade Commission's antitrust enforcement teams. However, federal officials have now come up with a creative patent licensing solution they believe should uphold fair market competition.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Patent geography can describe global economy

The escalating power of today's analytical technologies and the endless creativity of their users have combined to answer vast social, political and commercial questions in recent years. This month, two inquiries into the geographical context of intellectual assets have revealed intriguing conclusions.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Research casts doubt on emerging copyright enforcement strategies

As digital piracy poses problems for a widening array of industries, authorities have shown interest in employing graduated response systems to counteract illicit online activity. However, emerging research suggests that this measured approach is currently an insufficient solution to the challenges presented.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Research highlights unexpected role of IP in natural gas industry

Hydraulic fracturing, or fracking, has become an increasingly popular natural gas extraction method in recent years. However, emerging research suggests that patents surrounding the proprietary materials and processes employed by energy corporations may be inadvertently inhibiting industry-wide progress.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Court finds fault with Motorola's patent licensing tactics

Motorola's management of patents deemed essential to the mobile device industry has invited investigation from authorities in the U.S. and abroad in recent years. This week, a district court ruling officially attached a monetary value to the company's patent licensing improprieties.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Ohio college extends the reach of technology transfer resources

The technology transfer programs run by universities and research institutions around the country have been a consistent source of scientific progress and commercial prosperity over the past few decades. Now a new initiative in Northeast Ohio is looking to replicate similar successes for creative minds outside of academia.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Acquisition, licensing agreements strengthen Microsoft-Nokia bond

Microsoft made a major play for its mobile future this week, announcing the wholesale purchase of Finnish hardware partner Nokia's devices and services business unit for nearly $5 billion. The American firm will also pay $2.2 billion to license Nokia's patents and mapping services.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.