Every day, enterprising inventors worldwide dream up new ways to solve seemingly intractable challenges. Their ideas have the potential to bring about profound cultural shifts and overcome global problems.

Innovation is no longer optional. Simply put, the future of your company depends on new ideas that help you stay relevant and competitive.

World Intellectual Property Day is a celebration put on by the World Intellectual Property Organization each year on April 26. This year, the theme is "Moves - A Global Passion." There will be a World Intellectual Property Day film festival in Geneva, and many similar events across the globe.

Mobile game developer King recently resolved two trademark suits it had with other game developers, according to Morning News USA. It has ended its battles with the makers of The Banner Saga and CandySwipe.

According to The New York Times, employers increasingly own their employees' intellectual property. Now more than ever, companies and universities are winding up as assignees of the inventions of their workers. Indeed, employment agreements increasingly give businesses rights to skills, ideas and even professional contacts, which cannot be protected under traditional intellectual property law.

Massive open online courses (MOOCs) are becoming increasingly popular at universities around the world. Who owns the intellectual property rights to the course material for MOOCs remains an important question in many cases. Whether the university hosting the course owns it or the original author of the curriculum does seems to depend largely on individual university policy.

The U.S. has a set of laws and regulations imposing sanctions against particular countries, entities and individuals for a variety of reasons. Collectively, these are known as the U.S. Sanctions Program, managed by the Office of Foreign Assets Control. A sanction prohibits U.S. nationals and companies from doing business with those countries or entities that are subject to a sanction. Penalties for violating them range from criminal fines to imprisonment, according to The National Law Review.

New Canadian policies recently stripped drugmaker Eli Lilly of rights to two popular new drugs, and the company has decided to bring this dispute to the U.S. Lobbyists are working in Canada, and have begun efforts in the U.S. as well. Lobbyists are asking the U.S. to add Canada to the Priority Watch list of countries that don't do enough to protect and enforce intellectual property rights. Canada was removed from this list in 2013. Eli Lilly's lawyers are also asking arbitrators to award it half a billion dollars in damages if Canada's policies don't change.

In a ruling yesterday in London, Justice Colin Birss found two patents held by Roche Holding AG were invalid, according to Bloomberg. The company's patent for its top-selling breast cancer drug Herceptin expires in Europe on July 28, but it had filed two additional patents relating to certain dosages and the composition of the drug in order to prevent generic manufacturers from moving into the market.

Purdue Research Foundation and Universidad de Caldas in Manizales, Caldas, Colombia, have partnered to increase commercialization activities for both universities over the next 10 months. Two Colombian university officials, Rogelio Ocampo and Patricia Salazar, came to West Lafayette, Ind., as part of this partnership, which was funded with grants from iNNpulsa and Servicio Nacional de Aprendizaje, both Colombian government organizations.