The “Patent Box” is a corporate income tax reduction program offered by a growing number of countries. Tax reductions are given for income derived from patent-related activities. Details vary from country to country and might not yet exist in your jurisdiction of operations. Among the countries with active Patent Box systems are the UK, The Netherlands, Belgium, Luxembourg, France, Spain and Hungary, and the list is growing. Patent Box legislation is under active consideraton within the US.

The intellectual property experts here at Innovation Asset Group are constantly looking for new ways to deliver value to the market; we love putting out fires in the IP space. One behemoth of a problem we’ve now addressed is the disconnect between in-house corporate legal and accounting professionals on the one hand, and the outside law firms they dispense dollars to on the other. It is difficult at best for companies to understand how much they’re paying in outside legal fees and the benefits they’re realizing (or not). We’ve solved this by leveraging the LEDES billing standard.

Good ideas are the lifeblood of most modern organizations. If you’re not efficiently capturing and reviewing all of them, you’re likely below your innovation potential. If you’re not making fast decisions about which ones to protect, you’re also likely at a competitive disadvantage.   

One of the biggest ways that emerging engineering companies build value is through the development of their intellectual property (IP) portfolios. Building a foundation of inventions can have enormous implications for  long term company value, and  there is no shortage of examples. 

Evaluating the diligence of a company’s intellectual property management process can leave decision makers paralyzed. What questions do you ask? What do you look for? Is it possible  your organization wouldn’t score to well when it comes to evaluating IP diligence?

Not sure if your team is ready to implement a robust intellectual property management solution? Here are 7 telltale signs you need an IP management solution.

The high cost and growing scarcity of resources have required clean tech companies worldwide to put on their thinking caps—inventing new solutions to help individuals and businesses maximize the resources available, better manage their costs and minimize their environmental impact.

In today’s rapidly changing marketplace, innovation has become critical for companies both big and small. The question is: how do we quantify innovation?

Scientists and inventors today are developing new medical technologies with unprecedented speed and innovation. These new tools enable doctors to diagnose and treat disease and injury in ways that would have been unimaginable just a few years ago.

Today’s marketplace demonstrates a marked shift from an industrial to an information economy. Competitive advantage and profit does not simply come from material assets. Instead, ideas are king.