What is real
is not external form.”
The war between US and China seems to be everlasting. Both use every opportunity, no matter the field, to place doubt on the opposite side.
In this respect, the IP industry can be served as example. The billions it generates are a solid reason to try to protect your intellectual property by any means. Lately, one in five US companies claim that China has stolen their intellectual property assets within the last year. This can be translated in big financial losses for many American corporations.
Although IP theft may seem something abstract in comparison to taking someone’s physical property, its’ consequences are very real. A company facing this situation can lose either many opportunities or its competitive advantage, both providing effective proven ways to make big money. For instance, US reported annual losses to China that are estimated at between $225 and $600 billion.
It is somehow uncertain if this thefts have occurred. Some of the reported methods through which the IP theft can be obtained are corporate espionage and cyberattacks. Also, another effective method is the forced technology transfers, in which Chinese government compels companies investing in their country to provide IP details and licenses.
At this moment, between the American administration and China discussions are being held in the matter of trade, which also covers the IP area where the theft issue popped-up. For now is uncertain if any progress has been made.
The field of intellectual property, as important as it may be, is more often than not looked over by the entities that carry out their activity in the field of e-commerce. The reason why intellectual property is crucial for the field of e-commerce, is because by the sale of products and services, generally have important ( learn more )
UKIPO, EPO, EUIPO and USPTO announced the latest decisions regarding the COVID-19 pandemic. Most of them will remain open, and just a few of them are making extensions in terms of deadlines. UKIPO If you are in the situation where you need an extension, due to the pandemic, UKIPO will remain open and mentioned that ( learn more )
We may not like it, but technology plays an increasingly dominant role in our daily lives. The onus is on us to keep abreast of technological developments and their potential implications for our personal and professional lives. Let us take the field of intellectual property and artificial intelligence as an example. If you run a ( learn more )