Showing posts with label knowing how to generate IP. Show all posts
Showing posts with label knowing how to generate IP. Show all posts

Wednesday, May 24, 2017

Canada needs an innovative intellectual property strategy; Globe and Mail, May 19, 2017

James Hinton and Peter Cowan, Globe and Mail; 

Canada needs an innovative intellectual property strategy


"The recent federal budget signalled a dramatic shift in Canada’s approach to innovation. By announcing a national intellectual property (IP) strategy, the government finally addressed the calls of innovation experts who understand the critical role of IP in a 21st-century economy...

Canadian innovators have only a basic understanding about IP
Canadian entrepreneurs understand IP strategy as a defensive mechanism to protect their products. In reality, IP is the most critical tool for revenue growth and global expansion in a 21st-century economy. Cross-discipline awareness and education is needed so that our innovators know how to generate IP through technology standards, regulatory design, ecosystem-licensing strategies, litigation, trade agreements and so on. Companies should also have access to pro bono and low-cost services at all publicly funded institutions."