Monday, 25 May 2015
IP and the Economy
22 April 2015, 10.30 am
A group of us meet with the IPO’s economists. They are planning all sorts of research into the impact of IP on the Economy. This is good because there was a time when the Economy hardly knew IP existed or indeed cared. These days it is getting more interested, having realised that due to the difficulty in putting a value on intangible assets, they are extremely useful for creating extra wealth when you need it.
The IPO’s research will be bold and ground-breaking. For example, they are hoping to get statistics on IP licensing and royalties. So long as their respondents don’t complain that this looks more like industrial espionage than research.
Some foreign IP offices are working with the IPO's economists too. So at CIPA we are pleased to be involved because we are hoping to spread the word that if you need information about IP in Europe, there is no better place to come than 95 Chancery Lane. We are also hoping to add in some industrial espionage I mean research of our own. For instance, we are going to suggest that the IPO spearheads a global investigation into What the Germans Will Be Up to Next, as well as The International Impact of Chartered Patent Attorneys Being Absolutely Brilliant.
At the personal level, I am hoping that the research into IP and the Economy will reveal that my life has had some meaning after all, and not, as my kids have always maintained, that it has been squandered on delusional and ultimately meaningless navel-gazing.