Intellectual property (IP) refers to intangible assets such as patents, trademarks, copyrights, and trade secrets. These assets increasingly represent significant, material value of businesses, and as such, they need to be properly protected and managed in buy/sell agreements. In a buy/sell agreement, the seller is often required to transfer ownership of any IP that is […]
Ocean Tomo Team
Intellectual Property as a Non-Correlated Investment
Over the last year, market-wide uncertainty has swelled to levels not seen for over a decade. Market fluctuations now have investors increasingly searching for non-correlated returns across all asset classes in an effort to diversify away the risk brought on by this volatile market. Should investors turn to precious metals? Real estate? Emerging markets? There […]
Generative AI Technology Implications in the Intellectual Property Community
A poem about intellectual property: Intellectual property, a treasure so rare A creation of the mind, beyond compare It’s the fruit of our labor, our ideas and thoughts A source of pride and joy, that we dearly sought We pour our hearts and souls into every design And protect our works, with copyright as our […]
Increasing Efficiency of SEP Licensing in the IoT Space through Transparency and Collaboration
There has been much discussion recently around standard essential patent (SEP) licensing as it applies to the internet of things (IoT) space. Most thought leaders agree that given the vast number of IoT verticals emerging over the coming decades, there will not be a one size fits all model for licensing. Indeed, predictions are that […]
Diversity and Inclusion in Intellectual Property
Ocean Tomo Senior Director Molly Keelan shares insights from the United States Patent and Trademark Office (USPTO) report, “Where are U.S. women patentees? Assessing three decades of growth.” In the last 230, years the United States has issued over 9 million patents representing key technologies, life-saving drugs, medical devices and products that make our lives […]
Understanding Patent Value and Patent Quality
In the last decade and a half patent quality has been at the forefront of debates about patent policy. Industry professionals of all sorts (patent holders, legal practitioners, implementers, policymakers, and academics) seem to agree about the importance of patent quality, but often the consensus stops there. It’s no wonder, because the term ”patent quality” […]
Overview of Lost Profit Damages in IP Disputes
At its core, lost profit damages are an evaluation of the additional profit the plaintiff would have made had the defendant not committed the alleged wrongful act. Lost profit damages can take many forms including lost profits related to lost sales, price erosion, increased expenses, or injury to a company’s goodwill/reputation. Lost profit damages may […]
Ocean Tomo Patent Quality Study for Crain’s Chicago Business
Ocean Tomo, a part of J.S. Held, announces the study of patent quality among Chicagoland companies, exclusively in the October 24 issue of Crain’s Chicago Business, recognizing invention among Chicagoland companies and their patent prosecution law firms. Dr. Alan Marco, Chief Economist for Ocean Tomo, having previously served as the Chief Economist for the U.S. […]