Thursday, May 28, 2015 4:07 pm | By Nate D'Amico
Last Thursday, the Senate voted 62 to 38 to advance the Trade Promotion Authority (TPA) bill. This is a vital piece of legislation to aid President Obama and Congress’s ongoing push to complete negotiation of the Trans-Pacific Partnership (TPP) trade agreement. This is a multi-lateral trade deal with eleven foreign nations, among them Australia, Japan, and Singapore that began negotiations in 2005. This bill is significant because it will allow us to establish and expand intellectual property protections with countries who currently have weak or non-existent intellectual property laws or fail to prevent theft of U.S. intellectual property.
How does Venezuela receive World Intellectual Property Day
Monday, May 18, 2015 9:54 am | By Andrea Rondón García*
The 2014 edition of the Property Rights Index was presented at the headquarters of CEDICE on October 28, 2014. The principal object of this Index is to evaluate the consistency of the property rights protection system across the world. The presentation got numerous reviews on Report No. 4 from the Property Rights Observatory. (http://paisdepropietarios.org/home/wp-content/uploads/2014/12/PDF-Informe_4-Indice-Derechos-de-Propiedad.pdf).
During the presentation, Venezuela ranked last - 97th among 97 countries that were evaluated. In one of the three components: “Intellectual Property Rights”, Venezuela was ranked 96th. This component is comprised of three items: “protection of Intellectual Property Rights”, “patent protection”, and “copyright piracy”.
US to Consider Patent Box Legislation
Thursday, May 7, 2015 5:47 pm | By Alexander Hendrie
Earlier this week, congressional tax writers began discussing implementation of patent box legislation. Patent boxes, sometimes known simply as innovation boxes grant businesses a tax break for income that is derived from intellectual property. While each patent box has its own mechanisms, this generally includes income from licensing of IP, and any good or service provided related to IP. Introducing this mechanism will help place the US again become a business friendly economy and encouraging stronger innovation.