Tag Archives: SMEs

Intellectual Property Reforms Prove Successful – From Zero To Hero

IP Reform is SuccessfulAn independent report commissioned by the IPO entitled Evaluation of the Reforms of the Intellectual Property Enterprise Court 2010-2013 was published very recently examining the effect of the recent reforms in the Intellectual Property Enterprise Court (IPEC), the former Patents County Court (PCC).

The primary objective of the recent changes were to improve the litigation procedures and reduce litigation costs and, as a result, to increase access to justice in IP matters with special focus on individual claimants and SMEs who struggled financially to fight IP cases. Yassine Lefouili, one of the co-authors of the report, affirms the positive developments following the changes resulting in qualitative and quantitative evidence that there has been large increase in the number of intellectual property cases.

Governmental support

Introducing the report, IP Minister Baroness Neville-Rolfe praised the changes and confirmed that small and medium sized businesses and entrepreneurs now have better chances to actually defend their IP rights. This is good news, especially following a recent FSB research we wrote about in our article “SMEs And IP – FSB Reports They Struggle To Protect Their Intellectual Property” which revealed the struggle of SMEs and start ups to protect their IP.

The improvements come as a result of the costs cap and the 2010 active case management process. These amendments speed up the litigation process and also serve as an awareness tool for litigants to understand better their exposure before filing a claim. What is more, as Chloe Smith underlines for the Law Gazette, changes have opened up IPEC for patent and trade mark attorneys who are now able to represent their clients in court more often.

This suggests that reforms have paid off and, as the PatLit suggests, with the introduction of the Small Claims track we might as well have even better news in a following report.

Every Business has Intellectual Property and should Protect it

As the man says....

As the man says….

Unless you just have a lifestyle business you need to understand intellectual property rights. In fact even if you have a lifestyle business, you still need to know enough about intellectual property rights so as to avoid trouble by unwittingly infringing others rights.

WIPO has made it easy for SMEs to find out about intellectual property by publishing several well written guides here.

So, regardless of the product or service you provide, you should consider protecting, managing and enforcing your intellectual property. Almost every SME has a trade name or one or more trademarks and should consider protecting them.