Knowledge Transfer and Entrepreneurship Office (KTEO), PolyU’s Post

#CNIPA to promote patent industrialization in universities and research institutions   The China National Intellectual Property Administration(CNIPA), together with relevant departments, has jointly formulated a work plan to promote patent industrialization in universities and research institutions, according to news released on Tuesday at a regular press conference. Wang Peizhang, a senior CNIPA official, said that there is a wide existence of dormant patents in Chinese universities and research institutions currently. As of the end of 2023, the number of valid invention patents owned by domestic universities and research institutions reached 794,000 and 229,000 respectively, accounting for a quarter of the total patents in China. There is an urgent need to promote the industrialization of these patents. Photo: web For more: https://lnkd.in/gDbbD2e4

From Discovery to Delivery: Unlocking the Power of Innovation Success today isn’t just about discovering new ideas—it’s about transforming those ideas into real-world impact. GIID’s global patent analysis showcases how innovation districts are at the forefront of this transformation, influencing technologies that shape our future. Having led strategic projects and organizational transformations all my life, I’m passionate about how we can harness innovation to drive meaningful change in our organizations, cities, and countries. It’s about creating the right environment for innovation to thrive and aligning it with strategic goals that lead to lasting results. In a rapidly evolving world, the ability to inspire and guide diverse teams towards common objectives is more crucial than ever. Let’s connect and explore how we can collaborate to turn innovation into tangible outcomes that make a difference. The Global Institute on Innovation Districts thank you for consistently bringing valuable insights to the discussion around innovation districts. #StrategicLeadership #ProjectManagement #OrganizationalTransformation #Innovation #UrbanDevelopment #GlobalImpact

Starting April 1, 2024, the European Patent Office is rolling out a new fee reduction scheme for 'micro-entities,' aimed at bolstering innovation among small-scale inventors. This initiative offers a 30% reduction on key patent fees, opening doors for micro enterprises, individuals and educational institutions to protect their inventions affordably. Dive into the the full scope and eligibility criteria in Thanishta Mungur's detailed article. Read here: 🔗 https://lnkd.in/erq9FCbb

Great to see the European Patent Office support individual inventors and small organisations by offering reduced fees. There are limitations on who qualifies (as explained in our article) but this initiative should encourage greater engagement with the European patent system. #EuropeanPatents #MicroEntities #FeeReduction

Various #PatentOffices (e.g. European Patent Office, USPTO) have discounts/lower charges for #SmallBusiness #patent applicants. But usually the major cost, especially in the early stages, of obtaining #patents is the #attorney fees and #charges. So how many/which #PatentAttorneys and other patent #lawyers have preferential rates for #entrepreneurs, #startups and other #smallentities? #sme #businessstrategy #ipr #ip #intellectualproperty #patentagent The Chartered Institute of Patent Attorneys epi FICPI - International Federation of Intellectual Property Attorneys

The European Patent Office published their Patent Index 2023, which provides insights in the European patent field. Some key findings: 💹 199 275 patent applications were filed last year, which is an increase of 2.9% compared to 2022 and the highest number to date 🌍 US, Germany and Japan are the top-filers. The Netherlands ranks 8th, while Belgium takes the 13th place with 2547 filings, which is a 2.2% decrease compared to last year 💻 The leading tech fields were digital communication, medtech and computer technology. Also biotech continues to be on the rise 👩💻 Nearly 27% of the applications listed a woman as inventor. Spain, France and Belgium have the highest share of patent applications naming at least one woman as inventor in 2023 🍟 Belgian top filers are IMEC, Solvay and Umicore, followed by KU Leuven and University of Ghent Interested to see all data? Check the report here: https://lnkd.in/deaU6Tnw

For most applicants, EPO fees increase by 3.5-4.5% on 1 April (filing before that date will save costs), but for micro-entities the cost of EPO filing will reduce significantly.

DexPatent and Dr. N. G. P Institute of Technology celebrated World Intellectual Property (IP) Day on April 26, 2024 in association, a city based leading provider of Intellectual Property (IP) and Patent Services (www.dexpatent.com). The event – Celebrating World IP Day - organized jointly by the Institutions Innovation council and DexPatent, was an insightful and engaging gathering for students, faculty members, researchers, and innovation enthusiasts. The World IP Day highlights the critical role of Intellectual Property in driving innovation, fostering creativity, and promoting economic growth. This event serves as an opportunity to raise awareness about the significance of Intellectual Property rights, patents and their impact on society, encouraging dialogue and collaboration among students, faculty members, researchers, and industry professionals. The celebration kicked off with a warm welcome note by Prof. Hemalatha, Department of IT. The highlight of the event was the launch of "The Ultimate Patent Guide," https://lnkd.in/g2BFWRNk a comprehensive book for understanding patent processes and strategies.  Preethiya Ramakrishnan, DexPatent’s Head of Patent Practice at Coimbatore and a Registered Patent agent introduced the book, and the book was launched by Hemalatha, Professor, Department of IT. Attendees had the opportunity to gain insights into the book's story during a walkthrough by Preethiya Ramakrishnan. The celebration featured informative sessions on Intellectual Property rights and various aspects of patents. Preethiya Ramakrishnan from DexPatent spoke on patenting for students and researchers which offered valuable insights and included an interactive Q&A on patents. "We are thrilled to host this celebration of World IP Day in collaboration with DexPatent," said Prof Hemalatha, Department of IT. "It promises to be a valuable opportunity for our students and researchers to gain insights into the world of Intellectual Property and innovation." #WorldIPDay #Patents #IPR #IntellectualPropertyRights

Do patents promote or obstruct scientific progress? The impact can be negative in highly competitive industrial sectors where the primary goal of patenting is to block competition. A "patent thicket" arises from multiple overlapping claims and makes commercial exploitation very challenging. Such technology may seem like a black hole that should be avoided as much as possible. The most troubling examples come from medical science where a "patent thicket" may result in a promising life-saving drug getting lost in the black hole. Nevertheless, a patent is a tool to make an invention public and thus contribute to the progress of science. Patent applications become public 18 months from filing, but some companies opt to disclose in scientific journals shortly after filing. Early disclosure is a practical way to reduce a risk of the "patent thicket" phenomenon because the public patent examiner has a better chance of finding relevant prior art. Considering the facts that i) Patents indicate the most relevant technology to industry, and ii) more than 80% of the information in patents is never published elsewhere, it seems likely that patents are an undervalued source of information in scientific progress. #intellectualpropertyrights #patent #patentthicket #scientificprogress

Special thanks to the University of Antwerp for hosting this event and to #Bepiug for inviting Dennemeyer to discuss AI in patent searches. 🚀 Reflecting on a Transformative Session at BEPIUG We had the pleasure of delving deep into the fascinating world of AI with our very own Peter Erdödy and Sylvain Barone. It was an enlightening session where we explored the intricate layers of AI technology—from Machine Learning to Deep Learning and Transformers. 🧠 Unveiling the Magic Behind Octimine Our discussions centered on how our patent search and analytics platform, Dennemeyer Octimine, harnesses these technologies for diverse use cases. We uncovered the secrets of the AI "black box," learning how we can shape our results through iterative work, enhancing both accuracy and relevance. 💡 Beyond the Technology Moreover, we discussed the broader implications of integrating AI into our workflows. The potential for significant process and productivity improvements was a hot topic, providing us with a glimpse into what the future holds for the IP workforce on a larger scale. 🔍 Looking Ahead This meeting was not just about understanding AI but also about envisioning its future impact on the intellectual property sector. We are excited to continue this journey, pushing the boundaries of innovation and efficiency. #AI #MachineLearning #DeepLearning #Transformers #Innovation #IP #DennemeyerOctimine #BEPIUG