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.
Topic: patent collective
Prime Minister Justin Trudeau is much more focused on his government’s response to COVID-19 than on science and innovation priorities, judging by the PM’s updated mandate letter to the minister of innovation. The letter mentions the world “innovation” once, compared with more than a half-dozen references to COVID-19 and the federal response to the pandemic
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.
Navdeep Bains is inviting Canadian teams to apply for a $30-million Patent Collective pilot program that will assist SMEs with their patent and IP needs.
The federal government has unveiled details of its eagerly anticipated new intellectual property (IP) strategy to help innovators better protect their intellectual assets, encourage innovation and defend themselves against so-called patent trolls. However, different stakeholders who spoke to RE$EARCH MONEY have different perspectives on what the IP strategy means to the innovation ecosystem, suggesting that one size doesn’t fit all.