The Diverted Profits Tax (DPT) continues to attract scrutiny in the United Kingdom and Australia. Created to counter structures perceived to shift taxable profits away from where activities occur, DPT — often dubbed the ‘Google Tax’ — arrived in the UK in 2015 and in Australia in 2017, amid concerns that classic transfer pricing and […]
Protecting Intellectual Property Through AI Governance Frameworks
AI systems are composed of three foundational components: data, compute, and algorithms. As we discuss in AI as IP™, among the three foundational components of AI, data often stands out as the most fundamental and valuable. High-quality, relevant, and contemporaneous data can significantly reduce reliance on complex algorithms and expensive computer resources. In many cases, data […]
The Need for an Efficient, Market-based Transactional Platform for Licensing Data and Artistic Content in the AI Era
Introduction Data and artistic content are essential inputs in the development of Artificial Intelligence (AI) and Machine Learning (ML) technologies. In the rapidly evolving landscape of AI, demand for high-quality data and artistic content is surging. Current methods of AI data collection, however, particularly data scraping, are risky and controversial due to the lack of […]
Data Assets the Gold of the Modern Economy
Over the past four years, we witnessed a paradigm shift in how companies have been using their IP in transactions, reorganizations, and bankruptcy. The pandemic resulted in a surge of IP exploitation strategies centered around preservation of value, access to capital, and bankruptcy proceedings. In the midst of the pandemic, our focus shifted to helping […]
Inside the Healthcare Industry: The Growing Importance of Intellectual Property Valuations
Introduction Intellectual Property (IP) has always been important to healthcare and life sciences companies as they develop new therapies, products, and / or processes. But knowing how to value, manage, and protect their IP is a growing issue as healthcare companies think about their brands, strategic growth initiatives, investments, and how to license data. In […]
Patents as Debt Collateral: Perfecting Security Interests
There will be many lessons to learn and conclusions to be made over the Silicon Valley Bank (SVB) fallout, but what we know is that SVB rapidly grew during the pandemic. In 2021 SVB’s deposits grew from $62 billion to $124 billion, in part due to the fact that SVB offered higher rates on deposits […]
The Importance of a Multi-Disciplinary Team When Analyzing, Valuing, and Transacting Technology and IP-Rich Companies
Historically, the roles of the appraiser, technologist, and investment banker were separate and unrelated functions in the deal-making process. However, as the global economy continues its decades-long transition from asset-heavy manufacturing to an intellectual property (IP) driven knowledge-based economy, the need for collaboration among these roles has become imperative to the comprehensive analysis of corporate […]
Trade Secrets Reasonable Measures
As reflected in the Ocean Tomo Intangible Asset Market Value study, intangible assets are now responsible for 90% of all business value, much of which is represented by registered Intellectual property (IP) – patents, trademarks and copyrights. Beyond these registered IP rights, other intangible assets would include trade secrets (which are sometimes called “know-how” or […]