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The Chancellor of the Exchequer has announced that the Department of Business, Innovation and Skills will have its administration budget cut by 25 per cent. In view of the Government’s desire to promote science and innovation at both the corporate and personal level it is crucial that these cost savings do not inhibit intellectual property development.
Costs and time involved in securing protection can still inhibit invention and innovation especially for smaller companies and the taxation of IP and R&D should allow for the time and costs taken to create new IP.
There should also be greater investment in the education of small business about how to identify, protect and exploit the intellectual property which the Government is encouraging.
The UK IPO which is part of the BIS should be properly funded and new ways of expediting applications for registration of rights both in the UK and Europe should be explored.
The UK government is considering extending this power to depart from retained EU case law to additional lower courts and tribunals, namely the Court of Appeal in England and Wales and the High Court of Justice in England and Wales and their equivalents.
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Lord Justice Arnold has applied the guidance of the Court of Justice of the European Union (CJEU) to the evidence before him, in the long standing trade mark dispute between Sky and Skykick.
The Hiscox Cyber Readiness report, a review of 3300 organisations, will be a stark warning for CEO’s of SME’s in the UK and in Europe.
How secure is your fitness tracker? (Not to mention your smartwatch, sleep tracker, smart shoe insoles and wearable Bluetooth keyboard). It’s something that many of us give little thought to, but perhaps we should be more concerned.
Specialist IP Counsel
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