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Technology Transfer As A Contact Sport
Technology transfer is often characterized as a “contact sport.” Technology transfer practitioners from industry, universities, and intellectual asset management professional service providers understand the importance of their personal networks and their ability to reach out ' on a personal level ' to those with whom they need to work. Moreover, technology transfer is a contact sport because the capture of the economic value of IP and the transfer of financial risk are both dependent on the negotiation skills of the individual practitioners.
The single greatest benefit to this personalized nature of technology transfer is quality. The rough and tumble space discourages technology transfer dilettantes; the commensurate cost of quality discourages those with IP assets of questionable value. The single greatest cost is time ' time to find buyers and sellers, time to value the asset, and time to craft risk transfer provisions. The cost of time comprises labor costs associated with the tech transfer process and the opportunity costs associated with the absence of revenue generating activity during the transfer.
Once, when a limited number of high value assets were transferred between a handful of institutions, these costs could be absorbed. But today, when a significant volume of more modestly valued assets are transferred throughout the supply chain in many industrial sectors and from academia, the costs may impede economic activity.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?