Date
03/05/2021
The UK is a global leader in research but is failing to commercialise its IP and risks being left behind in the post-COVID economic recovery
Business investment in R&D (1.7% of GDP) falls short of OECD average (2.4%)
Just 10 firms dominate one fifth (18%) of all UK-based patent applications
R&D and innovation specialists GovGrant have today revealed the UK economy is failing to capitalise on its world leading academic prowess and intellect by not translating its R&D into commercial gain and creating intellectual property (IP).
Data analysis from CBI Economics commissioned by GovGrant comes at a particularly crucial time for UK policymakers, who have pinpointed innovation as one of the key drivers behind the post-COVID economic recovery plans.
On April 29, 2021
International patent applications continued to grow even as the world plunged deep into the pandemic. Patent filings at the World Intellectual Property Office (WIPO) actually reached “the highest number ever” at 275,900 applications in 2020, an increase of 4% over the previous year. Even more remarkable given the estimated 3.5% contraction in global GDP.
Leading filers, the US and China, also showed a growth in patent applications as reported by the WIPO in March 2021. According to SeproTec’s Juan Julián León, since China has steadily risen up the ranks of the world’s top patent filers, taking over the No. 2 spot from Japan after 2016, “we have seen more organizations taking control of their patent translations not only in China, but globally, by centralizing their translation needs.”
The British Columbia decision
[1] highlights the difficult, time consuming, and expensive exercise that organizations may find themselves in when an employee misuses confidential information. In today’s environment, information can be downloaded, transferred or shared instantly. How can organizations best protect their intellectual property assets and confidential information to maintain their competitive advantage?
Intellectual Property and Confidential Information
Intellectual property and confidential information are related concepts. The World Intellectual Property Office defines intellectual property as “creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.”[2]
Confidential information, in comparison, includes any non-public information or material that is communicated or shared from a disclosing party to a recipient. The exact definition of confidential information may further be defined under
OnePlus working on a smartphone with bezel selfie camera
By IANS |
Published on
Thu, Feb 11 2021 15:57 IST |
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OnePlus working on a smartphone with bezel selfie camera. Image Source: IANS News
New Delhi, Feb 11 : OnePlus has patented a smartphone design with a front camera located on the top bezel.
OnePlus Technology (Shenzhen) Co. Ltd. filed a patent with the WIPO (World Intellectual Property Office) in mid-2020 titled display apparatus and the patent got approved as well as published recently, reports LetsGoDigital.
According to the patent documentation, the front camera is placed on the screen s top edge right in the centre of the bezel. This will help the company offer more screen estate without drilling a hole in the display.