IP changes will effect universities and small firms

Guest Contributor
June 18, 2007

The Canadian Intellectual Property Office (CIPO) has announced minor changes to Canada's IP regime that impact on universities and small- and medium-sized companies. The regulatory changes offer qualifying universities and firms $3,000 in relief over the life of a patent by applying at the small entity level. The changes also provide a relief mechanism for regular-sized firms that mistakenly apply at the small entity level. The changes were introduced under the government's Smart Regulation and Paperwork Burden Reduction Initiative.

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