IPR and future development
24.4.2014What is the value of an item that contains no intellectual property? Does such an item exist? Is
there actually other property than that based on knowledge? Is the value embodied in an item, or should
we rather talk about perceptions and a complex environment where the value is determined through
contribution of several factors related and unrelated to the item itself and to its production?
In absence of markets, it clearly is difficult to define monetary value for an asset. The more abstract,
transient and changing the asset under valuation is, the more irrational the valuation process becomes.
In my projects related to knowledge based capital, I take a closer look on the questions stated above
and then move forward to methods that are used in valuation of intangible assets.
22.3.2014
Intellectual property has been an area of growing importance for a long time. There are several issues
ongoing that can serve as basis for assumption that some aspects of intellectual property law would be a
subject to change in the future. Think about, for example, software industry maturity, internet,
globalization, or the new opportunities that automatization will bring. Are we heading towards ever
increasing globalization or will the future development provide a basis for increasing amount of local
solutions and diversity? One can consider, for example, the role of R&D and innovation in future
economy. What will be the major initiative for progress and how will it appear in practice? Will the
accumulation of value add be altered and how? What kind of solutions will co-operational issues and
related legal framework provide? My interest for the topic comprises both proactive and reactive
approaches.
Johanna Sandman
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