There were plenty of indications that 2012 could be a defining year for the U.S. patent system, not the least of which was the ongoing implementation of America Invents Act (AIA) provisions. Looking back from a distance, researchers are now suggesting that the precedents set and transformations observed may well have been more significant and diverse than originally suspected.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
Leading video game developer and distributor Electronic Arts is having its royalty management protocols called into question after a former employee came forward to demand significant financial damages for alleged misappropriation of programming code.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
After obtaining patents to cover a new prescription medication, several large pharmaceutical companies have recently pursued so-called pay-for-delay, or reverse payment, strategies that effectively compensate generic drugmakers for their promise not to challenge the patents held by the larger firm or introduce competitive offerings to the marketplace for a set period of time. The U.S. Federal Trade Commission has decried these potentially anti-competitive practices for several years, but this week the agency received its strongest show of support yet from the highest court in the land.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
As the literary world makes the jump from hardcovers and paperbacks to tablet computers and dedicated eReaders, authors are encountering an entirely new slate of risks and rewards. As they strive to expand their audience and without deflating content value, writers will need a keen knowledge of emerging royalty management realities.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
The covered business method (CBM) patent review program instituted by the America Invents Act completed its first practical application this month as tech giant SAP was able to disprove the patentability of proprietary processes formerly claimed by Versata Software. As a result of the patent review board decision, SAP may have new leverage in an infringement dispute that the two parties have taken to federal appeals court.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
The U.S. Supreme Court handed down a unanimous decision this week which may fundamentally shift the trajectory of biomedical research. In a polarizing case concerning molecular diagnostics innovator Myriad Genetics, the court invalidated the entirety of the company's patents associated with naturally occurring human DNA.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
Silicon Valley played host to delegates from the world's five largest intellectual property offices (IP5) last week, continuing the conversation toward greater harmonization of international patent management mechanisms.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
Recorded TV innovator TiVo has decided to settle its outstanding litigation with Google and Cisco centered on their distribution of infringing digital video recorder (DVR) technologies to Time Warner Cable to include in its set-top boxes. As part of the deal, Google's Motorola Mobility unit and Cisco will enter into a patent licensing deal with TiVo after paying a collective settlement fee of $490 million.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
This past week, the International Confederation of Societies of Authors and Composers (CISAC) held its fourth biennial World Creators Summit in Washington, D.C., to discuss some of the most pressing royalty management issues facing artists today. Attendance from key content creation, distribution and regulation authorities should prove useful as consensus was that greater collaboration across sides will be required to identify and address copyright dilemmas.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.
President Obama has consistently underscored the link between homegrown innovation and economic recovery, and now The White House is shining a light on the exploitative entities standing in the way of American inventors. This week the administration released a set of five executive actions and seven legislative recommendations designed to root out frivolous litigation and promote higher standards of patent quality.

Peter Ackerman
Founder & CEO, Innovation Asset Group, Inc.