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Intellectual Property in Canada

Intellectual Property in Canada. Morgan N. Elliott Global Policy & Government Affairs. 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.

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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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