I have had a couple of exciting days at the IP Business Congress in Boston. I will especially bring with me two impressions:
Google CIPO Michael Lee on the topic of IP strategy and how to answer the CEO’s question of how many patents are needed: “Key for us is to be proactive and answer the question before it comes up. You need to define your primary use cases, go through the portfolio and ensure that each patent fills a bigger purpose. It's a big project for a sizeable portfolio, but you need to do it. […] Then you need to figure out how much you need: How many products do I have, how many differentiating features to protect? How much do I need for defensive purposes?”
PayPal CIPO Jyri Lassi on how they are building their IP portfolio in an ecosystem where companies have not previously challenged each other using IP: “We have a defensive approach. We don’t yet see so much litigation and cross-licensing, but it happens, and we intend to be prepared. […] IP modes are not mutually exclusive, and we are building a portfolio including also trade secrets and data.”
Thank you Joff Wild, Richard Lloyd and the IAM team for hosting a great event.