Innovation Asset Blog

Senator compels NIH to intervene on gene patent licensing

Vermont Senator Patrick Leahy, a primary sponsor of the America Invents Act, is once again exploring pressing patent management issues by urging the National Institutes of Health to invoke the march-in rights afforded to it under the Bayh-Dole Act and force Myriad Genetics to license its breast and ovarian cancer testing protocols in the name of public health.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Invention disclosure increase highlights university's innovation agenda

Indiana University confirmed earlier this week that the number of invention disclosures filed by faculty and researchers nearly doubled between FY 2009 and FY 2012. As a result, the greater Indianapolis area is gaining a reputation as one of the nation's most promising emerging innovation hubs.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Contract oversight leads to unexpected loss of licensing revenue

An Arizona inventor was recently forced to swallow a bitter pill after a lucrative stream of patent licensing revenue was cut off by the application of a controversial Supreme Court precedent.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Research confirms consumer impact of pay-for-delay patent strategy

The threats posed by pay-for-delay patent strategies were thrust into the spotlight last month as the U.S. Federal Trade Commission authorized antitrust investigators to more closely examine these controversial business practices. A new study released by two nonprofit public interest groups is now adding depth to the conversation, presenting objective evidence for the financial burden brand name drug manufacturers are imposing on consumers.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Early trademark registration preferable, but not always essential

Trademarks typically garner the most pop culture attention among the major intellectual asset categories, but that is not to say the processes surrounding their registration and enforcement are always readily understood. For companies or sole proprietors wondering when the time is right to formally register their mark, there are several subtle factors to consider.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Microsoft transplant could accelerate Zynga's patent strategy

Don Mattrick, former president of Microsoft's interactive entertainment division, surprised many earlier in the month with his announcement that he would be leaving the firm to assume a new role as the chief executive officer for struggling social gaming company Zynga. As Mattrick begins his transition, industry observers expect his historical familiarity with intellectual property management to serve his future employer well.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

GSA stalls search for permanent Silicon Valley patent office

The General Services Administration, which directs the procurement of federal office space, indefinitely canceled its plans to find a permanent home for the USPTO's Silicon Valley satellite location. It remains to be seen whether the pressure imposed by local legislators and industrial leaders in the coming weeks will be enough to convince federal officials to stretch slim budgets in the name of enabling procedural efficiency and business innovation.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Global Innovation Index underscores different paths to progress

Earlier this month, the World Intellectual Property Organization, INSEAD and Cornell University jointly released the 2013 edition of their Global Innovation Index. One of the most significant themes highlighted in the latest iteration of the study was the sheer diversity of strategies employed by countries attempting to better themselves in the innovation economy.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Literary copyright climate may contradict consumer interests

The concept of copyright is based on the notion that creators of an original work are entitled to equitable compensation for their production, and consumers are entitled to an authentic version of that good. But in the complicated climate of literary copyrights, traditional intellectual property protection may actually be suppressing the long-term availability and consumption of writers' works.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.

Energy, chemical companies worry EPA provision could compromise trade secrets

As climate change research advocates in and out of government offices request stricter transparency for energy and chemical companies, business directors are pushing back with concerns that their continuous disclosure of proprietary processes may violate fundamental trade secrets management principles. These tensions were recently exacerbated by discussion of a potential Environmental Protection Agency proposal which would require companies to publicly release information relating to the exact methods by which the businesses calculate greenhouse gas emissions.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.