By Sid Peddinti Trademarks are a type of intellectual property that has a commercial purpose. Intellectual property is a business asset that includes “intangible” creations of the human mind—in other words, assets that you cannot feel or touch. There are four types of intellectual property that are recognized in the United States: trademarks, patents, copyrights, and trade secrets. Trademarks are logos, catch-words, slogans,…
Making Canada a Destination Not a Hunting Ground for Innovation
Canada has a thriving innovation ecosystem but one with many smaller companies that are heavily dependent on foreign buyers to help them flourish and maximize the value of their intellectual property (IP), business analysts say. “We don’t have enough Canadian buyers interested in our own technology,” said Barry McKenna, author of two reports on Canadian…
Stealing Vaccine Patents Would Be a Big Mistake
Commentary The Chinese Communist Party is not the only national administration that believes in stealing intellectual property. The Biden administration, supported by much of the Democrat Party and their allied progressive minions in the globalist “international community,” now also support patent theft, an act that until now has always been grounds for civil liability and…
Beijing’s New Anti-Spy Regulations Includes ‘Pre-Departure Training’ for Students and Scholars
Beijing’s top intelligence agency has rolled out a new anti-espionage regulation, subjecting institutions and companies to tighter surveillance, including on students and scholars going abroad from China. This announcement was made on the same day that the United States announced that in the national interest it will allow entry for students and scholars from certain…
Pressure Mounts on Biden to Lift Vaccine Patents to Help Poor Nations
WASHINGTON—A group of progressive lawmakers are urging President Joe Biden to temporarily waive intellectual property and patent rights on COVID-19 vaccines to provide “equitable access” to vaccination around the world. Opponents, however, call such proposals “unnecessary” and “misguided.” Several U.S. Senate and House members led by Bernie Sanders (I-Vt.) together with more than a dozen health and…
China’s Profiteering From Fake Money and Other Products Must End
Commentary Despite assurances that it would crackdown on counterfeit goods and intellectual property flowing from its country, communist China continues to reap billions from the sale of fake merchandise and it’s now affecting an area of the U.S. economy that many would not suspect. Multiple studies have shown that little appears to significantly stem the…
EU Court Backs Lego in German Design Rights Case
BRUSSELS—Danish toymaker Lego on Wednesday won the backing of Europe’s second-highest court in its fight to secure design rights for its colorful snap-together plastic building bricks familiar to millions of children worldwide. The Luxembourg-based General Court threw out a 2019 decision by the European Union Intellectual Property Office (EUIPO) that sided with German toy and…
Chinese National Charged for Trying to Steal American Intellectual Property Worth Millions
A Chinese businessman residing in Hong Kong was charged for conspiring to steal important trade secrets from General Electric (GE). 64-year-old Chi Lung Winsman Ng, aka Winsman was indicted on Friday. “Winsman Ng and his co-conspirators allegedly chose to steal what they lacked the time, talent or money to create,” said John Demers of the…
Biden’s Trade Nominee Calls Tariffs An Important Tool in Resolving Trade Disputes
President Joe Biden’s administration views tariffs as an important factor in resolving trade disputes, according to his nominee for U.S. Trade Representative, Katherine Tai. “Tariffs are a very important part of our fair trade remedies toolbox,” Tai told the Senate Finance Committee at her confirmation hearing on Feb. 25. Her comments signal that the Biden administration…
House Lawmaker Reintroduces Bill to Deny Senior CCP Officials US Visas
Rep. Debbie Lesko (R-Ariz.) has reintroduced legislation with the aim of preventing the Chinese regime from stealing U.S. intellectual property by denying visas to people with ties to the Chinese Communist Party (CCP) and Chinese military. The bill, named the Stop China’s IP Theft Act, would prohibit the issuing of visas to senior officials of…
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