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Common soft IP related mistakes made by SMEs

mistake

Photo by DTL at morguefile.com

IP value and risk

Risk is the chance of something going wrong, and the danger that damage or loss will occur. By its very nature, there are both rewards and risks associated with IP. For anyone involved in IP, then IP related risks are part of working life.

However many ignore the risks associated with IP or only react when the risk has materialised, which is most times too late. Also, many of the IP related risks that companies face are due to their own lack of awareness or proper understanding of IP, and/or their own actions or lack of actions.

Soft IP

There are multiple forms of IP such as patents, trademarks, copyright, etc. etc.

The term ‘soft IP’ is sometimes used to refer to trademarks, copyright, and domain names, in contrast to ‘hard IP’, which is sometimes used to refer to patents.

I accept that use of this phrase is controversial among some IP practitioners, and that the term soft IP may mean slightly different things from one IP practitioner to another

This paper focuses on soft IP and in particular on trademarks, domain names and social media handles, and some of the common mistakes made by SMEs as far as these forms of IP are concerned. (more…)

Intellectual Property: Ensuring Protection via Insurance Cover

insuranceEveryone knows that one of the first things you do once you’ve bought a house or a car is to get it insured, and there are many different options available to allow you to do so. But what about your intellectual property rights? Is it a good idea to insure those as well, and how would you go about doing it?

Paul and Ian Wishart from Sybaris Legal & IP, a firm specialising in IP insurance, gave a presentation on this topic at Keltie LLP which this IPcopy writer attended to find out more. (more…)

EU Commission: unitary patent concerns; IP insurance and unitary SPCs

IMG_8533-1The European Commission website provides something of a byzantine navigational challenge so IPcopy is extremely grateful to Martin Chatel for pointing us in the direction of the Commission staff working document “A Single Market Strategy for Europe – Analysis and Evidence” which discusses the unitary patent package. (more…)