Introduction: Taking the Layered Approach There’s a maxim in forensic accounting that investigations take twice as long as anticipated, yet the final report appears to have taken half the time. There are progressive layers in a forensic investigation that may need to be followed to reach a defensible conclusion. Each layer allows for the milestones […]
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Generative AI Technology Implications in the Intellectual Property Community
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 […]
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 […]
Impact of Emerging ESG Regulations on Valuation
Last month, I had the privilege of joining my colleagues Karyl Van Tassel, CPA/CFF, Richard Donohoe, and Nicole McTernan for a fireside chat regarding the expected impacts of looming Securities and Exchange Commission (SEC) regulations on Environmental, Social, and Governance (ESG) disclosures from multiple perspectives – accounting, technical, intellectual property (IP), and valuation. In a […]
Ocean Tomo Patent Quality Study for Crain’s Chicago Business
Ocean Tomo, a part of J.S. Held, announces the study of patent quality among Chicagoland companies, exclusively in the October 24 issue of Crain’s Chicago Business, recognizing invention among Chicagoland companies and their patent prosecution law firms. Dr. Alan Marco, Chief Economist for Ocean Tomo, having previously served as the Chief Economist for the U.S. […]
How IP Practitioners Assess Value in their Work
Ocean Tomo, a part of J.S. Held, Senior Director Eric Carnick recently spoke on the topic of Intellectual Property Valuation during a panel at the 2022 Licensing Executives Society (U.S.A. and Canada), Inc. Annual Meeting in San Francisco. The panel, entitled “Beauty (or Value) is in the Eye of the Beholder” sought to explore how different […]
Chicago’s Most Innovative Companies
Ocean Tomo, a part of J.S. Held, and Crain’s Chicago Business announce the 2022 edition of Chicago’s Most Innovative Companies. Crain’s Most Innovative Companies list includes icons and startups that are employing artificial intelligence, LEDs, cloud computing, Big Data and the internet of things to reinvent themselves, adapt to changing needs or solve new problems. […]
Trade Secrets Reasonable Measures
As reflected in the Ocean Tomo Intangible Asset Market Value study, intangible assets are now responsible for 90% of all business value, much of which is represented by registered Intellectual property (IP) – patents, trademarks and copyrights. Beyond these registered IP rights, other intangible assets would include trade secrets (which are sometimes called “know-how” or […]