Protecting new inventions is vital, everyone agrees – but most also agree that the system that has evolved is in need of serious overhaul.
The current international patent process is complex and costly. New technologies – stem cells, software, the Internet – raise legal quandaries that the patent authorities are only gradually resolving. The current economic crisis adds new urgency.
There is a need for more IP cooperation at an international level, as initiated by the five large offices around the world (EPO, USPTO, JPO, SIPO and KPO). So what’s the best way forward?