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The annual Global Innovation Index report, which launched in 2007, claims to reveal which global economies are ‘the world’s top innovators’. Reflecting on this year’s edition, one of the co-authors notes that the data demonstrates that domestic producers “increasingly rely” on brands and trademarks. However, there are some caveats related to the trademark-related metrics.
The European Observatory on Infringements of Intellectual Property Rights has released its latest study into the economic cost of IP rights infringement, revealing that the clothing, footwear and accessories sector loses approximately 26.3 billion of revenue annually due to the presence of counterfeit products in the EU market. It is the related finding that government revenues are being hit to the tune of 8.1 billion annually that will resonate with law and policy makers.
World Trademark Review has previously explored the connection between trademarks and innovation, most recently through a study of CTMs and Benelux marks. That analysis found “a strong link” between the two, with trademark filings indicating that new products and services were coming onto the market. But what about in developing economies specifically? That question was recently considered by Cooley LLP’s Brian Focarino in a paper using China as a case study on trademark-measured innovation.
A new study, carried out by OHIM (acting through the EU Observatory on Infringements of Intellectual Property Rights), has found that companies owning IP rights have, in general, 29% higher revenue per employee, approximately six times as many employees and pay wages that are up to 20% higher than those which do not own IP rights.
While 10,000 trademark practitioners have descended on San Diego for INTA’s annual meeting, this year’s WTR Global Trademark Benchmarking Survey found that a third of trademark counsel are unsure whether IP associations are doing a good job of keeping them up-to-date on legal developments.
The Office of the United States Trade Representative (USTR) has released its latest Special 301 Out-of-Cycle Review of Notorious Markets, and once again a number of Asian jurisdictions figured prominently. This was the fifth such report since USTR made its markets review a standalone publication in 2011, so WTR reached out to some practitioners in the region to find out just how much political weight it carries, and whether it might actually be counterproductive.
The Global Intellectual Property Center (GIPC) has released its 2015 GIPC International IP Index, identifying those countries that are leading the pack in terms of IP protection, and those it feels could do much better.
ASIPI is celebrating its half century anniversary this week in Mexico City and one of the highlights of the three-day conference has been the signing of a collaboration agreement between it and INTA to help foster innovation and education around IP and trademarks. Marking the tie-up, INTA president Mei-Lan Stark sat down with World Trademark Review to talk about the ongoing challenges in Latin America and the possibility of an INTA Annual Meeting in the Latin American region.
A report published today points to a growing awareness of IP crime among the UK public, with 90% of survey respondents viewing counterfeiting as morally wrong. However, this viewpoint does not necessarily influence individual purchasing decisions, illustrating the challenge ahead for the IP community.
With competition between service providers growing and counsel looking to maximise the effectiveness of their trademark spend, World Trademark Review is embarking on the third edition of its research into what buyers like you demand from non-legal trademark services suppliers.
New research has challenged the assumptions used in recent studies evidencing the positive economic impact of intellectual property. The paper is specifically critical of US research projects that it claims make a “substantial leap from the fact that IP exists within a particular industry to the conclusion that job creation and employment in that industry hinge on strong IP protections”.
New research has revealed that, following the introduction of plain packaging legislation in Australia, long-term smokers are increasingly unable to differentiate between the taste of cigarettes, effectively negating the brand loyalty that has been built up over time. The findings will sound alarm bells for brand owners concerned about the creep of plain packaging into other industries.
Speaking in London earlier today, OHIM president António Campinos warned that the global community is on the brink of losing the younger generation to IP scepticism. Moves are afoot to change the message taken to the masses but IP offices can’t do it all alone.
The Law Commission has published its proposals for reform of the groundless threats regime, a move which one practitioner feels will help further encourage a ‘negotiate first, sue later’ approach in UK trademark disputes.
The UK’s Police Intellectual Property Crime Unit (PIPCU) has launched its Infringing Website List (IWL), which is designed to provide the digital advertising sector with an up-to-date list of copyright infringing sites that they should avoid placing advertising on. The initiative follows other recent efforts to disrupt advertising on websites that infringe copyright and trademark rights, and trademark counsel have a critical role to play in such initiatives.
The 2014 inductees to the IP Hall of Fame have been officially unveiled, and include one of the world’s leading trademark practitioners.
The submission window for the sixth annual Global Trademark Benchmarking Survey closes tomorrow. Conducted annually by WTR, the research project is designed to give counsel both in-house and in private practice the opportunity to have their say on the state of the industry, and build up a comprehensive picture of current trends and best practice.
This week, a new list of China’s most valuable brands has been generating media coverage. While comparison with other lists highlights the disparity in valuations that different methods create, it is clear that Chinese brands are going from strength to strength. And with an increased emphasis on the power of brands, the country is now playing an active role in the professionalism of the brand valuation sector itself something which will be of benefit to all.
Each year our sister publication Intellectual Asset Management magazine reaches out to members of the global IP community to nominate individuals who they believe should be inducted into the IP Hall of Fame. In previous years the trademark community has been well-represented and the nomination process to find the inductees for 2014 is underway. Act now to ensure that the industry’s shapers continue to receive the recognition they deserve.
The world’s leading trademark practitioners have been unveiled with the publication of the 2014 edition of the World Trademark Review 1000. The definitive directory exclusively dedicated to identifying the world’s leading trademark legal services providers, the publication also serves as a testament to the depth of expertise available to brand owners as they seek to protect their brands across the globe.
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