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This episode discusses the complexities of Standard Essential Patents (SEPs) and their impact on SMEs in today's connected world. It highlights the UK IPO's initiatives to support SMEs, including the IP Advance scheme and SEP Resource Hub. The episode emphasizes the importance of understanding SEP licensing, potential risks, and provides a list of questions for IP audits to help SMEs navigate this complex landscape.

In this episode, we dive into the complexities of intellectual property (IP) in the electric vehicle industry, focusing on Tesla's recent lawsuit against its former supplier, Matthews International Corporation. Tesla alleges that Matthews misappropriated trade secrets related to its innovative dry-electrode battery manufacturing technology and filed patents based on these confidential insights. We explore the implications of this case for businesses that rely heavily on trade secrets rather than patents, highlighting the risks involved in sharing sensitive information within supply chains. Additionally, we discuss Tesla's unique approach to IP, including CEO Elon Musk's controversial views on patents and the challenges...

AI-supported patent drafting/filing tools present significant advantages but also come with challenges related to privacy concerns and reliance on technology over human expertise within legal practices today—attorneys must navigate these complexities carefully when integrating them into their workflows moving forward. Learn in this episode how these technologies improve efficiency, consistency and creativity in patent prosecution. Uncover the potential pitfalls, including privacy concerns and over-reliance on AI. Essential listening for IP professionals navigating the future of patent prosecution.

In this episode, we explore strategies for building a robust IP portfolio for MedTech startups. We compare the traditional IP portfolio approach with the modern layered IP model and discuss their pros and cons. Learn how to align your IP strategy with business objectives, allocate resources effectively, and create a portfolio that appeals to investors while protecting your innovations in the dynamic MedTech sector.

Using IP benchmarking to create a compelling narrative for C-level executives is a powerful way to communicate the strategic value of intellectual property. By gathering comprehensive data, developing relevant KPIs, benchmarking against competitors, creating impactful visualizations, and crafting a tailored story, IP professionals can effectively demonstrate the crucial role of IP in driving innovation, mitigating risks, and creating financial value. This approach not only highlights the importance of IP management but also helps secure buy-in for IP initiatives that align with and support the company’s broader strategic objectives.