IPEG Consultancy (Intellectual Property Expert Group)’s Post

A great idea needs a flow of ideas to offer better alternatives and generate profitable revenue. Does the patent of great ideas create a barrier to competition to create that much-needed flow? #patent #innovation #competition https://lnkd.in/dXfDeh63

Unlocking Innovation: Navigating the Essentials of Utility Model Patent Protection in China

Embracing Innovation: The Evolution of Design Patent Protection in China

Patent pledges have emerged as a powerful tool for fostering innovation in today’s rapidly evolving technological landscape. By voluntarily committing to not enforce certain patents, companies can open the door to collaborative development, lowering barriers to entry and encouraging the creation of new products and services. This strategy not only promotes technological advancements but also helps build ecosystems where multiple players—both large and small—can thrive without the fear of litigation. In industries such as renewable energy, healthcare, and software, patent pledges have proven particularly valuable. They allow innovators to share foundational technologies, accelerating progress and enabling solutions that address global challenges. For companies, the decision to make a patent pledge can also be a strategic one, as it positions them as leaders in open innovation while simultaneously strengthening their relationships with partners, customers, and regulators. By balancing the need to protect intellectual property with the need for collaboration, patent pledges are helping reshape industries and driving a culture of shared growth and development. #PatentStrategy #Innovation #IP #Collaboration #OpenInnovation #Technology #Patents #IntellectualProperty

A 2.9% increase in patent applications at the European Patent Office last year, the agency’s 2023 Patent Index states. That rise is in contrast to the small drop in PCT applications that the World Intellectual Property Organization – WIPO recently reported. For me, it’s striking that three of Europe’s comparative patenting laggards - the UK, Italy and Spain - were among the countries leading the way. The US and China also generated increases, despite both seeing drops in their 2023 PCT numbers. There have been mutterings from some quarters about the quality of the EPO’s output but clearly it remains an attractive issuing authority (including among some of those doing the muttering). Everyone using the office has other options for their European filing strategies, of course. If you really don’t rate its offering, you can go national.

My first article for Onsagers AS has been published! It is a guide for technical people (not lawyers!) to think about their ideas through the eyes of the patent system. The article aims to answer the questions I was frequently asked while I was working in-house, particularly from inventors wrestling with the decision of whether to submit an idea to the patent department. From my interactions with inventors, it became apparent that they frequently underestimate the ingenuity of their ideas and overestimate the threshold for patentability. This tendency leads to the dismissal of perfectly patentable inventions by their creators, hindering IP capture. The gap in perception grows when products move from research into development. At this stage, an idea may no longer be completely ground-breaking. But that does not mean it is not patentable. Clever refinements that overcome technical problems are patented all the time. And there is often commercial value in doing so.

Steps to Patent Ideas and Protect Your Innovations

"Unlocking Innovation: Expert Insights on Patents! I recently had the privilege of attending an enlightening session on patents, conducted by JECRC University and expertly led by Abhishek Panwar Sir. Key takeaways: - Understanding patent laws and regulations - Navigating the patent application process - Leveraging patents for business growth and protection - Real-world examples of successful patent strategies Abhishek Panwar's Sir expertise and engaging delivery made complex concepts accessible to all. Thank you, JECRC Incubation Centre,Komal Joshi madam,Gaurav Sharma sir for organizing this valuable knowledge-sharing opportunity! Let's continue fueling innovation and protecting intellectual property. hashtag#Patents hashtag#Innovation hashtag#IntellectualProperty hashtag#JecrcUniversity hashtag#AbhishekPawar hashtag#KnowledgeSharing"

🎉 The European Patent Office has recently published the 2023 Patent Index revealing a remarkable growth of +2.9% in patent applications! 📈 Dive into the details here 👉 https://lnkd.in/dmpWqWys #patentindex #patentapplications #innovation #intellectualpropertyrights #patents

Explore the intriguing phenomenon of a global dip in patent filings for the first time in recent history. Lex Protector LLP provides valuable insights into the potential factors behind this decline and its implications for innovators worldwide. Stay informed about the ever-evolving landscape of intellectual property with our latest blog. #Patents #IntellectualProperty #Innovation #GlobalTrends 🌍💡 #Patentfiling #PatentRegistration #IPBlog #IPRights #Lexprotector