The Center for Internet and Society at Stanford Law School is a leader in the study of the law and policy around the Internet and other emerging technologies.
Emeritus Stanford Computer Science Professor Gio Wiederhold provides in the January 2011 issue of Communications of the ACM (1) (the monthly journal of the professional society for Computer Scientists) an article titled Follow the Intellectual Property. The theme of his paper is that the offshoring of IP (actually domiciling the IP for sheltering royalty purposes in an off-shore tax haven such as the Cayman Islands) works to the disadvantage of US employees. Profits sheltered are not repatriated, but instead are used to seed and hire other offshore developments for the patent owners. Read more about Gio Wiederhold Follows the Intellectual Property Money
In reviewing the statistical tea leaves of IP litigation trends for 2010, one aspect that now stands out is the number of cases involving auctioned patents. There are 15 such cases asserting 20 auctioned patents. Some of the highlights of these 15 cases are:
• US 6,526,219 for “Picture-based video indexing system” had a projected auction price of $250,000, but ended up sold for $700,000. InMotion Imagery Technologies, LLC asserted this patent in three cases in the Eastern District of Texas. Read more about Auctioned Patents Emerge in Litigation in 2010