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2012 World Intellectual Property Day

Tuesday, April 3rd, 2012

As every April 26, the date when the World Intellectual Property Organization (WIPO) was founded in 1970, the United Nation’s member countries celebrate this UN agency’s goal: to dedicate its work to the use of intellectual property (patents, copyright, trademarks, designs, etc.) as a means of stimulating innovation and creativity.

For 2012, WIPO is celebrating Visionary Innovators.   Behind every great artistic or technological innovation, the agency explains, is a human story “…a tale in which new pathways open as a result of the curiosity, insight or determination of individuals…”

We are all familiar with the iconic symbols of inspiration and innovation nad, this year, are invited to explore the stories behind the phenomenon.  For example:

  • The Wright Brothers’ boyhood fascination with flight lead to a flying machine and travel by air.
  • Louis Pasteur’s inquisitive mind advances the science of disease prevention.
  • Tu Youyou’s dogged analysis of herbal remedies results in a malaria treatment that saves millions of lives.
  • Steve Jobs’ ambition to make digital technology simple and accessible to everyone gives rise to personal computing and – three decades on – a new paradigm for the delivery of entertainment.
Visionary Innovators

WIPO IP Day 2012 Poster

As depicted on the official poster, the list of visionary innovators suggested by WIPO is long, including  the many artists, writers and musicians who changed the way we see and hear things: Rembrandt and Turner, Picasso and Kandinski, each reshaping our perceptions of light, shape and form; Chekhov and Tagore, Neruda and Mafouz, their writing giving new insights into the human experience; Charlie Parker and Miles Davis, Hendrix and Rostropovich – musicians who challenge the status-quo, and endure.

Current media and technology being what it is, celebrations around the world are being coordinated through WIPO’s dedicated Facebook presence, as well as trackable around the world on Google Maps.

Archives of past activities, videos, and a poster gallery are available in WIPO’s archives.

Posted in Copyrights, Intellectual Property, IP Management, Patents, Trademarks | Comments Off on 2012 World Intellectual Property Day

IP Royalty Payments Growing faster than the Economy

Friday, February 3rd, 2012

San Diego, Calif. February 3, 2012 – “During the past twenty years, the globalization process and the transition to the information economy manifest the growing role that licensing intellectual property plays in the world’s economies” stated  IPmetrics’ Chief Economist, Fernando Torres, having analyzed the data from the World Intellectual Property Organization’s most recent Annual Report.

Cross-border licensing, the formal trading of the rights to use intellectual property – such as patents, trademarks, and copyrights – between companies operating in different countries has been increasing from close to 30 billion USD in the early nineties, to nearly 200 billion USD in the most recent year for which global data is available (2009).  While still less than 1% of global economic activity (GDP) and not including domestic licensing, this means that the value of licensed IP across borders has grown six-times faster than the global economy.

“The substantial value of these rights, not only internally but as a global intangible industry, is definitely the underlying motivation for the interest and controversy surrounding the recent lobbying, legislative, and backlash regarding the enforcement of IP rights in treaties such as ACTA, and proposed bills such as SOPA and PIPA in the U.S.” concluded Mr. Torres.

 

Posted in Copyrights, Economics, Intellectual Property, Licensing, Patents, Royalty Rates, Trademarks | Comments Off on IP Royalty Payments Growing faster than the Economy

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