It is reported that a consortium called “InnovationTech Consortium” launches in Japan on April 15 2019. In this consortium, the member companies share and exchange information on technologies and know-hows that lead to new businesses. Reportedly, more than 40 Japanese companies will participate in the consortium at first, which include Toyota, All Nippon Airways, Asahi Group, ITOCHU, Takeda Pharmaceutical, Sumitomo Mitsui Banking, and Dentsu, which are all Japanese leading companies. They expect 100 companies to join the consortium by 2020. Also, they will not prevent their competitors from joining the consortium. In the consortium, a company shares a business model and/or technologies under consideration, and other companies having an interest in […]

Japan starts to study a blockchain system for contents management. The government is aiming to support Japanese contents business (e.g. game, character) by providing a system which realizes smooth copyrights handling by using smart contract and other functions based on blockchain technology. The Japanese government is reportedly planning to proceed to the validation phase in 2019. In addition to this government project, Sony seems considering using blockchain technology for Digital Rights Management (DRM). Reportedly, Sony has filed a patent application, which was published by USPTO on April 26 2018, for using blockchain technology to manage ownership of purchased games for PlayStation 4. Blockchain technology-based IP platform is becoming hot. So […]

On May 16, The Japan Patent Office (JPO) released the updates on business-related inventions which are defined as invention which realizes a business method by using information and communication technology. As previously reported, patent applications of business-related inventions have been on an increasing trend since 2011, and approximately 7,900 patent applications for business-related inventions were filed in 2016 (increase of 11.1% over the previous year), in spite of the downward trend in the number of domestic patent applications. Especially, patent applications in the financial sector (which should include FinTech) markedly increased in 2016 (increase of 40% over the previous year). The patent grant rate for business-related inventions is almost 70%. […]

I had many opportunities to talk with intellectual property service providers during my two weeks trip to Seattle. Some of these firms devise a way to improve price competitiveness. Generally, in our globalized world, jobs tend to move to cheaper-labor countries or regions. The IP industry seems to be no exception. As an example, there is an Indian firm that undertakes patent prosecution work for the US patent applications. This firm provides  (i) a patent application drafting service and (ii) a prosecution service package which covers from patent application filing to registration with reasonable fixed fee for their clients who seek to file patent applications to the US. This firm […]

During a business trip to Shenzhen, we had a chance to talk with a Chinese company Andun which provides an intellectual property protection platform against counterfeit products. Andun has been building a network of lawyers to investigate infringing products and stop infringement activities for its customers. An interesting point of the business model is that Andun does not charge for such activities to the customers. Settlement money and compensation for damage are its revenue source for Andun and its allied lawyers. The customers can not only remove infringing products from the marketplace at no cost, but also receive a part of the damages. Therefore, this business model is realized at […]

After having posted the article regarding the intellectual property business matching model, we received inquiries on the model. So, we would like to explain it in a little more detail here, based on the material we received from a local government. It’s called “Kawasaki model” in Japan, because Kawasaki-City started a project under this model as a pioneer in 2007 to revitalize local industry while involving large companies successfully, and attracted attention from other local governments. The basic concept of this model is patented technology transfer from large companies to small and medium-sized enterprises (SMEs). It could be a win-win solution for both large companies and SMEs. Large companies desire […]

On February 7 2018, Fuji Xerox announced that it will roll out the patent licensing business to SMEs. In Japan, a business model for large companies to license their unused patents to SMEs to help such SMEs develop new products or create new business is getting a lot attention lately. Fuji Xerox has been participating in intellectual property business matching between SMEs and large companies since 2016 which is a local government project. Now it has signed a patent license agreement with a company in Yokohama, and made this announcement. This is the first success case in the IP business matching for Fuji Xerox. This business model brings the following […]