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Intellectual Property in Canada

Learn about the value of intellectual property, global implications, law enforcement efforts, and the impact of IP theft on innovation and the economy. Explore strategies for better IP protection and the importance of maintaining a balance between rights holders and other stakeholders.

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Intellectual Property in Canada

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  1. Intellectual Propertyin Canada Morgan N. ElliottGlobal Policy & Government Affairs

  2. Cisco Systems: Worldwide Leader in Networking for the Internet Cisco Products Power the Internet • 500+ worldwide patents • 1200 filed, many more in the pipeline • ODC approx. $100M/yr in R&D

  3. The Value of IP • Fortune 500: 45% - 75% of company valuation Represents highest growth area in global economy • Strength of company’s brand makes it vulnerable • Nations to negotiate Anti-Counterfeiting Trade Agreement (ACTA) • Resources dedicated to IP theft • Anton Pillar Orders (civil search & seizure warrants)

  4. Operation Cisco Raider Joint FBI, Homeland Security, RCMP investigation • Highly successful, coordinated law enforcement effort • Major case designation • RCMP seize 1600 counterfeit parts, worth $2M+ - destined to U.S. • U.S. agencies nab more than 20,000 products – nearly $14M • Joint operations seize 74,000+ products – more than $78M

  5. Protecting Investments • IP theft doesn’t: • contribute to innovation • help increase productivity • help create jobs • protect social programs • IP theft does: • undermine gov’t revenues • support organized crime • lead to death • has funded terrorism

  6. What needs to be done? • Should gov’t moderate between rights holders & other players? • Additional legislation to better secure IP protection? • If rules implemented - Ex-ante vs. Ex-post? • Are general competition laws a sufficient remedy? • Risk of over regulation?

  7. Value ofIntellectual Property

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