News By Tag
News By Place
America Invents Acts forces Companies to change intellectual property polices and procedures
According to ipPerformance Group’s America Invents Act Impact on Patent Operations Report
“America Invents Act has encouraged companies to adapt their procedures, workflows and policies. The increased fees as well as pre and post grant proceedings are major factors that are impacting budgeting and strategy,” says Robert Williamson, president at ipPerformance Group.
Among the findings that emerged from this research are the following:
· Compared to the 2012 American Invents Act study results, roughly double the companies indicated that they made changes in invention capture and submission stage vs. their preparation and filing stage.
· 85% of companies indicate that American Invents Act has influenced them to make public disclosure of an invention prior to patent filing policy changes.
· 33% of companies indicate that the increase in USPTO fees will cause an increase to their patent budget.
The topics that we investigated fell into eight core areas, which include: First inventor to file, Section 102 Disclosure, Inventor Notebook Usage, Trade Secrets, Costs Management and Policy Changes, Increase in USPTO fees, Pre/Post-Grant Proceedings, Patent monitoring and searching activities, and Prior User Rights.
Fifty-nine (59) companies representing a variety of industries participated in this comprehensive study, including Air Liquide, NOVA Chemical, Sun Chemical Corp., Dow Corning Corporation, Nova Measuring Instruments, ZBD, AVEBE U.A., Sasol, Neste Oil, Micro Encoder Inc., Automotive Technologies Intl., Dow Corning, NOVA Chemicals Inc., and Freescale Semiconductor.
A full report of the survey findings is available at ipPerformance Group’s website (http://www.ipperform.com/
Other intellectual property asset management (http://www.ipperform.com/
About ipPerformance Group
ipPerformance Group, Inc. (www.ipperform.com)
ipPerformance Research conducts extensive benchmarks focused on intellectual property operations best practices. This research has enabled corporate leaders throughout the world to measure performance and identify improvement opportunities.
Robert Williamson, ipPerformance Group, Inc.