Tag Archives: IPBC Global

USPTO Director Iancu will keynote 2018 IPBC Global in San Francisco

An impressive group of speakers, sponsors and supporters, led by USPTO Director and Undersecretary of Commerce, Andrei Iancu, will be featured at the 11th global Intellectual Property Business Congress in San Francisco, June 10-12 at the Palace Hotel.

Director Iancu has indicated that he will support the long-awaited move to greater certainty in the U.S. patent system.  In a recent speech to the U.S. Chamber of Commerce he said that “reclaiming our (U.S.) patent leadership is within reach.”

Attendees will be eager to hear about Director Iancu’s strategy for attaining this and other goals.

IPBC Global 2018 plenary’s and panels include:

  • Will the U.S. Continue to Lead in IP?
  • CIPO Scenarios: The Good, Bad and Ugly 

IP CloseUp editor, Bruce Berman (that’s me), will be a member of the patent quality panel:

  • Is patent quality a distraction? – all that really matters is patent eligibility

    -What is a quality patent?
    -Controversy around eligibility
    -The importance of predictability

For the AI panel, participants will include Bart Eppenauer, former Chief Patent Counsel at Microsoft and William LaFontaine, General Manager, IP, IBM.

  • The World of Artificial Intelligence 

For the IPBC Global 2018 program, go here.

For the full list of speakers and their biographies, go here.

To register, go here.

Image source: ipbc.com; ipwatchdog.com

Contrarian patent investors see opportunity where others see risk

The emergence of contrarian patent investors – bargain hunters hoping to cash in on decidedly soft market for  licensing and sales – are an indication that the bottom of the bear market for patents may be at hand.

A number of operating companies and some NPEs have been quietly acquiring patent families and portfolios at bargain rates. They include financial institutions, such as banks, traditional tech players, a few NPEs, and “unicorns” looking to shore up their valuation with intangible assets.

Betting aodd-one-outgainst the prevailing sentiment by seeking to identify under-priced assets does not come easily for professional investors or businesses. A strong stomach and sufficient cash is essential.

Contrarians who invest in traditional asset classes like stocks, bonds and money market instruments, can be rewarded for their good timing and persistence. Those who delve into commodities and real estate, too.

But while patents are assets to some businesses – “intangible” investors at heart – they are not a traditional asset class. Uncertainty surrounds patent validity in many classes, and patent value is often context-driven. Additionally, patent litigation is more unpredictable since the Patent Trial and Appeal Board was established.

Acquiring patents is more like buying a futures contract than investing in securities, which historically, at least, tend to bounce back over time. Patents also lack price transparency and market liquidity, which are essential for most investors’ comfort level, and are subject to judicial and political winds.

So, what do secondary market buyers know that others don’t?

Bargain Basement

In “Au contraire?,The Intangible Investor column in the July IAM magazine, I consider patents as an asset class, and those brave investors with the courage (and cash) to recognize opportunity where others see adversity. IAM subscribers can read it here

“Current low IP company share prices are a road to finding a bottom in an emerging market,” says Mark Argento, head of capital markets and a senior research analyst at Lake Street Capital Partners. “It is a part of the process of patents becoming more widely understood and accepted as assets. While the shakeout is unpleasant for some, it is part of an evolutionary process from which at least some will benefit.”

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Benjamin Graham wrote in The Intelligent Investor, a highly regarded book about value investing: “The investor’s chief problem – and even his worst enemy – is likely to be himself.”

To be a true contrarian, an investor needs to do what others are not doing, even when it may seem unwise to do so. It takes guts to go against a market and one’s own instincts.

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“Patents as an Asset Class” will be the subject of a debate I am moderating at IPBC Global in Barcelona on June 7. Stop by to hear the pros and cons of patents as assets. The IPBC session has the makings of a very lively exchange. Audience participation is encouraged. Drinks will be served directly after.

Image source: valueinvestasia.com; novelinvestor.com 

The “new normal” is focus of IP Business Congress in Barcelona

With traditional patent strategies under pressure to show that they are still relevant, business as usual in the IP space is no longer the same.

Patent-adverse laws and more circumspect courts have forced owners worldwide to rethink how best to obtain, evaluate and utilize patents. The added scrutiny also has encouraged new, more collaborative IP business models and to reconsider ways of generating ROI.

This year’s IP Business Congress (IPBC Global) at the Arts Hotel in Barcelona, June 5-7. 6a00d8341c1ad253ef019aff9b0225970d-800wi 2016 will be host to more than 75 presenters and 600 attendees. It marks the ninth IPBC Global, the leading event for the business of IP value creation.

The keynote session, “Welcome to the new normal,” will feature the head or co-head of IP at Microsoft, SAP, LG and Google, and the former director of IP business at Sony. An IP executive from Ericsson will moderate.

Rapid Evolution

“New challenges posed by a rapidly evolving global IP market have caused many affected by IP to re-think ways of doing business,” said Joff Wild, Editor of IAM magazine and lead IPBC Global producer. “Developments in Europe and Asia are creating a more international ecosystem, and assertion-based monetization programs are becoming harder to implement in the U.S.”

This year’s IPBC Global sessions include:

  • Welcome to the new normal
  • Meeting the Chief IP officer challenge
  • Peace not war
  • Insider the inter partes review regime
  • Quality trumps quantity
  • Adapt or die
  • The Alice effect
  • Europe’s chance to lead
  • Buyers’ market
  • Debate: Patents as an asset class

Bruce Berman (yes, me) has been asked to moderate a debate on a controversial topic, “Patents as an asset class.” I will have my work cut out for me: It has frequently been claimed that patents are an asset class and should be treated as such by owners and investors. However, others vehemently disagree. They argue that promoting them in this way does more harm than good. Who is right?

Make Your Voice Heard

Readers who plan to attend the conference are encouraged to stop by the IP asset discussion. Members of the audience will be equipped with devices that permit them to cast their vote for against patents as assets at the end of the debate.Logo120x60

IP CloseUp readers who register will receive as 20% discount if they use the registration code IPBC16IPCU.

As usual at IPBC, there will be a host of good networking and private meeting opportunities, and the Catalan back-drop ought to make things even more intriguing. Barcelona is one of Europe’s top technology hubs, and recently was named the world’s “Most Wired City.”

For program and speaker information go here. To register go here.

Image source: ipbusinesscongress.com; http://superflat.typepad.com/


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