Keeping an IP budget afloat despite sunk costs.
The cost of securing IP can be heavily front loaded. Examples of such costs include patent drafting, pre-filing searches, filing fees, etc. These costs become “sunk” costs in that they cannot be recovered. Because IP protection can be a relatively long process, at any time during the process there are likely to be significant “prospective” costs: future costs that may be wholly or partially avoided depending on actions taken.
A recent study performed by the European Patent Office (EPO) and the European Union Intellectual Property Office (EUIPO) has shown that companies which own at least one patent, trade mark or registered design generate on average 20% higher revenues per employee and pay their staff on average 19% higher wages compared to companies that do not own any of these intellectual property (IP) rights.
If you own any intellectual property (IP) rights, are you concerned about your exposure to litigation, and how you will finance any legal action? One way to address this concern is by means of an insurance policy.
The annual Malvern Festival of Innovation returns for another edition from the 4th - 8th October 2022 with an evening symposium on Tuesday 4th October devoted to the Climate Emergency.
Martin Hyden, the Head of Sustainability, Partner, Patent and Trade Mark Attorney at Wynne-Jones IP, a Gold Sponsor of the festival this year will join speakers in the panel session. This segment will be an opportunity for the audience to participate in a discussion that may lead to new initiatives and collaborations to take forward within the community.
More than 80 intellectual property experts from across Europe will come together for the first time since before the Covid19 pandemic in Oxford next month for the annual AIPEX Cross-Country meeting. AIPEX BV comprises a network of IP specialists from the UK, The Netherlands, France, Germany, Italy, Poland, Hungary, Norway and Spain harnessing more than 4,000 years of experience and expertise in intellectual property services.
The EPO has announced their biennial fee increases for payments made on or after 1 April 2022, which has resulted in an average increase in fees of around 2.5%.
Since its invention, the television has reshaped culture, communication, and daily life, earning its title as one of the most influential creations of the modern era. Today, on World Television Day, we’re tuning in to how television has evolved through the lens of intellectual property (IP).
The IP profession can often prove to be stressful. Long days, complex legal issues, client-based challenges, and working to strict deadlines can often take its toll on the mental health of attorneys and support staff in this environment. At Wynne-Jones IP, we recognise that which is why we’ve branded 2024 our ‘Reset Year’ where our Charity and Social Committee have turned their intention to creating a working environment that makes wellbeing easy, encouraging physical health, good nutrition and mental wellness.
National Dog Day is a time to celebrate the loyal companions who bring joy, love, and the occasional muddy paw print into our lives. From guiding the blind to detecting drugs, dogs have proven themselves invaluable to humanity in countless ways. But did you know that our four-legged friends have also found themselves at the centre of some fascinating intellectual property (IP) battles? Today, as we honour man's best friend, let's explore a few cases where dogs have trotted into the courtroom, wagging their tails and leaving paw prints on the law.
For over a decade Nestlé has attempted to protect Kit Kat’s three dimensional shape, with rival Mondelez fighting hard to prevent its succeess.
Last Wednesday marked the latest chapter in the lengthy legal battle, as the European Court of Justice dismissed the confectionary giant’s most recent appeal to safeguard the shape of its famed bar.