The Rise of the Intangible Economy: U.S. GDP Counts R&D, Artistic Creation – Businessweek

The Rise of the Intangible Economy: U.S. GDP Counts R&D, Artistic Creation – Businessweek: WOW. GDP is going to be re-calibrated to include Intangible assets. They hadn’t been included because, well, they were kinda hard to measure. ? Huh ? So expenses on a bridge or a factory becomes part of GDP and part of the “capital” of a working economy, but investment in R&D is simply an expense, with no intrinsic value for the…

Oxycontin Expires today, April 16 2013. The “Patent Cliff” is not here on this one.

» The “Patent Cliff” and its Effects upon Workers’ Compensation Claims: The Oxycontin patent expires today. So you would expect to be able to buy many people’s favorite drug on the side of the road or on hill-tops, just above cliff level.As with many things that are FDA approved and regulated, this is going to be a very slow ride down from the cliff, definitely not a one-time drop off.First, this drug is highly abused and strongly regulated by the…

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IBM and China. #1 in the world of Patents

IBM is again the patent king with the most patents issued. Now just under 6,500 issued in a single year. That’s issued, not applications.IBM •Celebrated 101 years since its first patent •In 2012 was its 20th year as most US patents •In 2012 received 6,478 patents! (not applications!) •Spent $6B on R&D  â€¦ roughly $1m per patent. •IBM makes $1B+ per year on IP sales/licensing!=> That is almost pure profit$! This is a fun article about the big…

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IP Creates Jobs for America | BIOtechNow

IP Creates Jobs for America | BIOtechNow: “In May, the Global Intellectual Property Center (GIPC) was proud to unveil the results of our state intellectual property (IP) jobs research, which has been a year in the making. The study, IP Creates Jobs for America, provides real, tangible evidence that the economic benefits of IP are broad and far-reaching.” Go here for the original GIPC report and the interactive US Map. Key points related to IP…