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Showing posts from June, 2007
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National Treasure Protecting Japan’s Intellectual Property By Willhemina Wahlin In April this year, Japan saw the first group of retirees put their feet up en masse. The ageing population poses more of a threat to Japan’s economy, however, than merely the provision of pensions. A steep decline in the nation’s available labour force, if left unchecked, could lead to the demise of Japan’s international economic competitiveness. So what can a nation, faced with such a looming crisis, do? The government’s answer is to turn Japan into an “Intellectual Property Based Nation.” Although never short of an idea or two, the challenges lie beyond the proverbial light bulb above the head – the real issue is how to speed up the process of patent examinations, create a harmonized global patent application process, and expand the ways in which patent licenses can be exploited. Oh yes, and faster litigation, litigation, litigation. This story was originally published in Japan Inc's 2007 Summer Is