Valuing Intellectual Property in Japan, Britain and the USA by Ruth Taplin

By Ruth Taplin

As over part the resources of many significant businesses at the moment are intangible resources, there's an expanding have to investigate extra properly the worth of highbrow estate (IP) from a much broader interdisciplinary viewpoint. Re-evaluating probability and figuring out the real price of highbrow estate is an incredible challenge, quite vital for enterprise practitioners, together with company analysts and traders, enterprise capitalists, accountants, assurance specialists, highbrow estate attorneys and in addition when you carry highbrow estate resources, resembling media, publishing and pharmaceutical businesses, and universities and different study our bodies. Written by means of the major professionals within the box from Britain, Japan and the united states, this publication considers the newest advancements and places ahead a lot new considering. The e-book contains thorough assurance of advancements in Japan, that is reviewing the worth of IP at a far swifter velocity than the other kingdom and is registering ever-increasing numbers of patents during inventing its method out of financial inertia.

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In conclusion, the twenty-first century will present a different economic setting. A new knowledge-based economy has supplanted the manufacturing economy that dominated the prior 100 years. The new economy uses intellectual capital rather than raw materials as its primary input. In addition, a new globalisation has emerged. Knowledge-based firms in the new economy are seeking educated and skilled workers. For all of these reasons and many others described in this chapter, universities will be the ‘centrepiece’ of this New World.

Howard Bremer (1998) University Technology Transfer: Evolution and Revolution, Washington, DC: Council on Government Relations (COGR), p. 18. This quotation is from Raymond W. Smilor, David V. Gibson and George Kozmetsky (eds) (1988) Creating the Technopolis: Linking Technology, Commercialization, and Economic Development, Cambridge, MA: Ballinger, p. 150. Dr Kozmetsky was Director of the IC2 Institute at the time of the publication. IC2 Institute is an organisation administered by the University of Texas at Austin.

As shown in Akio Nishizawa’s slides in the Appendix, a whole process of reorganising throughout industry, government and university is a nationwide exercise in consensus-based decision-making according to the principles of nemawashi and uchiawase. A good deal more information and background is provided in this book with regard to Japan, as at present next to the US and increasingly the UK, Japan is the country in the forefront globally in its concerted efforts to develop IP. There is also a dearth of literature in English explaining these activities.

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