Abu Dhabi: A new class of antibiotic compounds, a device to correct an ear defect that affects 300 million people and a new catheter that is safer and easier to use were some of the 23 projects for which patents were announced in the capital on Wednesday.
The amount of money that shoe and apparel companies spend on protection of their intellectual property is astonishing, whether it be related to trademark infringement, patent infringement or otherwise. Further, a number of cases in the space involve large entities battling each other over use of what is at least deemed by one party to be proprietary.
A couple of patents published earlier this week indicate that Microsoft Band might have a future after all. Both patents are to do with health and fitness monitoring on a device that looks very much like the discontinued tracker.
Solas OLED Ltd., an Irish OLED intellectual property company headquartered in Dublin, has reported strong growth ahead of its attendance at the upcoming SID Display Week in Los Angeles, the event for the world’s electronic display industry from May 22-25. Established in 2016 Solas has assembled one of the world’s largest intellectual property portfolios in the OLED space.
Carmaker Ford is imagining a future where parking is so scarce, you have an electric bicycle built into your car to get to your final stop. The company just nabbed a patent for the "Vehicle with an Integrated Electric Motorcycle," where the two-wheeled bike might actually fit into a front panel of the car.
The Intellectual Property Office of Singapore (IPOS) has launched a new FinTech Fast Track initiative to expedite patent application-to-grant process for FinTech inventions. FinTech patent applications can be expected to be granted in as quickly as six months, compared to at least two years for normal applications.
Fitness apparel companies have struggled for years to find ways to help outdoor athletes maintain a constant core temperature in both hot and cold temperatures. By keeping their core temperature at a consistent level, performance is improved over longer distances and extended periods of time, but changing weather conditions can make that a challenge. Now, Nike has received a patent on a high-tech approach to overcoming this problem, potentially creating an entirely new category of workout clothing.
In many parts of the world, women are not treated equal to men under the law. From owning land to obtaining inheritance, women are at a disadvantage. Stronger intellectual property protections can help alleviate this discrepancy. When IP rights are strongly protected, the rights of women are protected as well. For example, the countries with the strongest protection of copyrights also tend to have the highest paid actresses and female artists.
April 26 is commemorated as World IP Day by WIPO, the World Intellectual Property Organization. This year, World IP Day’s theme “Powering change: Women in innovation and creativity” will celebrate women and their role in shaping the future of society.
Elena Panaritis, author of Prosperity Unbound, founder and CEO of Thought 4 Action, explains that practice shows that women become more civically involved in the politics of their community and country, as well as and powerful market players, leaders of innovation and middle class once they are given secure ownership of their property rights. Women's involvement increases over 53% in such countries.
The protection of IP rights restores this financial incentive to create and innovate, by giving owners and content creators exclusive power over their creations. For women, this is of huge importance. Statistics have shown that countries with stronger IP rights tend to have stronger measures of gender equality. “Women in the economy are a powerful force for change and leadership. Intellectual property rights when used correctly can advance entrepreneurship by enabling women who develop innovative ideas and products to secure financing, signal their innovation, and negotiate access to the IPRs held by others. IP systems should recognize and protect creativity in all its forms, including contributions from traditional and indigenous knowledge developed by women,” said Prof. Walter G. Park, of American University and author of the Patent Index.
Apple is working on the future of mobile. The United States Patents and Trademark Office published 52 granted patents for the company on Tuesday, many of which concern its Apple Watch and headphone ranges. The design sketches show how the company is considering the small sizes of the products to offer something that impresses.
In the air of the whole world heading for World Intellectual Property Day (26/4), General Director of the World Intellectual Property Organization (WIPO) Francis Gurry sent a heartfelt call to cheer, women in innovative and creative activities.