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Five Pernicious Intellectual Property Myths

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Jane Lambert In this article, I am challenging the following myths that are probably responsible for our trailing many of our competitors in the number of patent, design and trade mark applications. Myth #1  There's no point in acquiring an intellectual property right because you can never afford to enforce it. It is probably still the case that England and Wales (and indeed Scotland and Northern Ireland) are among the most expensive countries in the world to bring a full blown patent action.  That is because our legal system provides for close investigation of the evidence and full consideration of the arguments which tends to assure the most just outcome. But most IP cases do not require that degree of scrutiny. For the last 6 ½ years the Intellectual Property Enterprise Court (formerly the Patents County Court) has provided a high-quality dispute resolution service where the issues are defined in advance, trials are limited to two days and recoverab...