A poem about intellectual property: Intellectual property, a treasure so rare A creation of the mind, beyond compare It’s the fruit of our labor, our ideas and thoughts A source of pride and joy, that we dearly sought We pour our hearts and souls into every design And protect our works, with copyright as our […]
Ocean Tomo
Increasing Efficiency of SEP Licensing in the IoT Space through Transparency and Collaboration
There has been much discussion recently around standard essential patent (SEP) licensing as it applies to the internet of things (IoT) space. Most thought leaders agree that given the vast number of IoT verticals emerging over the coming decades, there will not be a one size fits all model for licensing. Indeed, predictions are that […]
Diversity and Inclusion in Intellectual Property
Ocean Tomo Senior Director Molly Keelan shares insights from the United States Patent and Trademark Office (USPTO) report, “Where are U.S. women patentees? Assessing three decades of growth.” In the last 230, years the United States has issued over 9 million patents representing key technologies, life-saving drugs, medical devices and products that make our lives […]
SCOTUS to Hear Case on Damages for Trademark Violations Based on Foreign Sales
In 2023, the U.S. Supreme Court (SCOTUS) will take up what could prove a landmark case on the reach of U.S. courts in awarding damages based on extraterritorial sales in trademark disputes. The case is Abitron Austria GmbH, et al. v. Hetronic International, Inc., Docket 21-1043. Hetronic manufactures construction equipment components. By agreement, Arbitron and […]
Understanding Patent Value and Patent Quality
In the last decade and a half patent quality has been at the forefront of debates about patent policy. Industry professionals of all sorts (patent holders, legal practitioners, implementers, policymakers, and academics) seem to agree about the importance of patent quality, but often the consensus stops there. It’s no wonder, because the term ”patent quality” […]
Patent Value, Uncertainty, and the Debate about Patent Quality
When I was the Chief Economist at the U.S. Patent and Trademark Office (USPTO), I sometimes encountered people who were surprised to know that I existed. Well, not me as an individual, but the role of Chief Economist. Why does the USPTO have economists? Now, many of these individuals were Congressional staffer-types on their fourth […]
Financial, Technical, and Intellectual Property Expertise in Energy Transaction
Earlier today, Ocean Tomo, a part of J.S. Held, announced our role as financial advisor to the Special Committee of the Board of Directors of Ares Acquisition Corporation (AAR). “Understanding the strengths and weakness of X-energy’s technology and the related market risks and opportunities was central to this engagement,” said Ocean Tomo Managing Director Greg […]
Overview of Lost Profit Damages in IP Disputes
At its core, lost profit damages are an evaluation of the additional profit the plaintiff would have made had the defendant not committed the alleged wrongful act. Lost profit damages can take many forms including lost profits related to lost sales, price erosion, increased expenses, or injury to a company’s goodwill/reputation. Lost profit damages may […]