Jim Hinton is a patent lawyer based in Kitchener-Waterloo and the co-founder of the Innovation Asset Collective (IAC), which launched this year with $30 million in federal funding. Research Money spoke to Hinton about the challenges facing tech developers, researchers and policymakers surrounding IP.
Organization: Innovation Asset Collective
Five Ontario post-secondary institutions establish a hub to advance climate action solutions, a global initiative bolsters internet routing, the Tanenbaum Open Science Institute (TOSI) at The Neuro announces a new partnership, and more.
A new program launched by the Council of Canadian Innovators will train corporate directors on governance issues faced by fast-growing technology companies.
The Innovation Asset Collective, Canada’s first patent collective, more than doubled its membership in its first six months and has awarded two rounds of grants to its member companies to help them own, access and use intellectual property.
Federal Budget 2021 included the government’s largest-ever investments in intellectual property and IP services, underscoring the importance of protecting and leveraging IP for Canada’s economic growth, according to IP experts and heads of innovation groups.
Canada has launched its first patent collective to help data-driven clean tech companies understand, generate and strategically use intellectual property in scaling up. The Innovation Asset Collective, backed by $30 million in federal funding, includes a defensive “war chest” to help Canadian SMEs defend their patents in an often predatory global IP marketplace.
Innovation Science and Economic Development Canada, in a detailed response to growing criticisms, defends the federal government’s innovation performance, policies and programs.
Michael Sabia is the new deputy minister of Finance; a consortium of food-based businesses will test new applications for pulse flours; British-based Hg Capital will spend $1.1 billion to assume majority control of Calgary-based Benevity; Canada’s top 50 research universities posted a combined research income of $8 billion in fiscal 2019.
Canada’s new Patent Collective will reduce the risks of patent infringement claims and other intellectual property issues for SMEs.
Innovation, Science and Economic Development Canada’s new initiatives on intellectual property aim to help innovators and SMEs make better use of IP.