On 1 January 2021, the Trade and Co-operation Agreement (TCA) came into force and the general principles of EU law, existing EU treaties and EU free movement rights ceased to apply in the UK, after the transition period set out in the Withdrawal Agreement ended on 31 December 2020. Under the European Union
The UPC Preparatory Committee has adopted and published the Rules and Procedure of the Unified Patent Court. The 18th draft of the agreed Rules is subject to change only with respect to the court fees that may be applicable. The 1st draft, published in 2009, was progressed through stages of expert meetings and technical and public consultation and sets out the specific framework and functioning of the Unified Patent Court.…
Continue Reading UPC publishes agreed Rules of Procedure- 18th Draft
The Irish Patents Office has recently published its Annual Report for 2014 setting out trends, objectivities, activities throughout 2014 and what can be expected in 2015. The Annual Report sets out how the Irish Patent Office has discharged of its statutory functions under the Patents Act 1992 (as amended), the Trade Marks Acts 1996 (as amended), the Industrial Designs Act 2001 and the various statutory rules and regulations made under these Acts. A summary of the key findings are set out below.
In January of this year the Department of Finance (the Department) launched a Public Consultation Process (the Consultation) on the proposed introduction of a corporation tax incentive for income generated from intellectual property (IP) known as the Knowledge Development Box (KDB)(see earlier blog Knowledge Development Box – Launch of Public Consultation Process – "Ireland will play fair, as it has always done, and play to win." – Minister Noonan)
The Consultation sought the views of interested parties on issues such as the scope of IP set to benefit under the regime, the calculation of qualifying income and the mechanism for applying relief. Nearly 40 written submissions were received and on 31 July the Department published a "Feedback Statement" (the Response) commenting on the views expressed as part of the Consultation and setting out possible approaches for the KDB regime.
Augmented Reality (AR) uses technology to overlay real world, physical environments with virtual components like light, sound, video, images or GPS data. Once seen as a futuristic and ‘gimmicky’ area, AR is growing at a rapid pace and will soon form part of our everyday technology. Microsoft recently unveiled its AR wearable technology, ‘Hololens’ which is geared towards gaming and design and comes in the form of a headset.
Last week saw the European Commission adopting a revised regime in respect of technology transfer agreements. The new agreements will enable companies to better licence the use of patents, know-how or software held by another company for the production of goods and services. The new Technology Transfer Block Exemption Regulation (TTBER) and accompanying Technology Transfer Guidelines (Guidelines) will enter into force on 1 May 2014.
The TTBER and Guidelines will create a safe harbour for licensing agreements seeking to strengthen incentives for research, innovation and stimulate competition.