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 June 19 2018, a Japanese e-commerce company Mercari, Inc. goes public on the Mathers market. It operates the “Mercari” marketplace app and is the first in Japan to reach “unicorn” status. Therefore, stock market players expect that it brings about positive impact on the market. In the Mercari marketplace, users can sell unnecessary possessions and turn them into money. Recently, more people willingly throw away unnecessary possessions with the current danshari boom. In the meantime, even if it is unnecessary for you, there is someone who wants it. So, many people use this app to sell their unnecessary possessions (monetization), rather than just throwing them away. Similar action has […]

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 […]

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 […]