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The world of patents and innovation is undergoing significant changes, with recent data revealing intriguing shifts in global trends. According to the United Nations’ World Intellectual Property Organization (WIPO), global patent filings dropped by 1.8% in 2022, marking the first…
Patent law protects new and useful inventions by granting the inventor exclusive rights to make, use, or sell them for a limited time. Patent law encourages innovation and rewards inventors for their efforts. However, patent law is based on the…
The use of AI is spreading to almost every industry. A frequently recurring question now is who owns the rights to the inventions being created with AI? The results of a number of recent court cases in the US and…
‘Piracy Shock’. That’s the aftereffect that businesses go through following the loss of intellectual property (IP). Devastated by their loss, the reaction is to increase security and core business investment. Piracy actually acts as a boost to innovation, according to…
Artificial Intelligence is impacting every industry, and the number of AI-related patents is rapidly increasing accordingly. A report focusing on the growth of the number of patents awarded by the US Patent Office found that the number of AI-related patents…