Impact of Inflation on SMEs, Changes in Trademark License Fees, AI Regulations

AI For Business


This week in Washington Intellectual Property News, the House is reportedly busy with several hearings related to innovation. The House Small Business Committee is examining how inflation affects small businesses, and another House subcommittee is examining how tax policy can stimulate innovation in the United States. The Information Technology and Innovation Foundation (ITIF) is also debating whether the US needs more regulation of artificial intelligence.

Monday, June 5th

United States Patent and Trademark Office

Public Hearing on Trademark Publication Advisory Board Fee Setting

Monday at 1:00 p.m., Clara Barton Auditorium South 600, Durany Street, Alexandria, VA, online livestream

On Monday, the Trademark Publication Advisory Committee (TPAC) will hold a public hearing on the latest proposed changes to the USPTO’s trademark fees. All proposed changes are available on the USPTO website. TPAC Chairman David Cho and USPTO Secretary Cathy Vidal will give welcome remarks before the proposed fees are discussed.

Tuesday, June 6th

House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet

Intellectual Property and Strategic Competition with China: Part II – Prioritizing U.S. Innovation Over Supporting Foreign Adversaries

Tuesday 10am 2141 Rayburn House Office Building and Online Livestream

The House Intellectual Property Subcommittee will hold this hearing on Tuesday to examine the impact of recent White House policies on protecting intellectual property from foreign governments. Commission members will also discuss more broadly the impact of policies on the US innovation economy and the country’s technological leadership. Several industry experts and academics are scheduled to give witness testimony.

Subcommittee on Economic Growth, Taxes and Access to Capital

American Ingenuity: Driving Innovation Through Tax Law

Tuesday 10am 2360 Rayburn House Office Building and Online Livestream

On Wednesday, the subcommittee will discuss various tax policy options that could stimulate innovation in the United States. Specifically, the subcommittee will discuss the benefits of extended R&D tax breaks for SMEs. By way of Congress example, this has been suggested as a way to improve competition with China, with the subcommittee saying China has 2.7 times more generous R&D tax incentives than the United States.

IP Watchdog and WIPO

PCT updates and best practices

Online webinar at 11am Tuesday

On Tuesday, IPWatchdog and the World Intellectual Property Organization teamed up to provide updates on the Patent Cooperation Treaty (PCT). The PCT is the best tool currently available for seeking international patent protection in multiple jurisdictions, and best practice tips for both the international and national phases of PCT proceedings will be shared at this event.Receive feedback from participants Matthias ReishleWorld Intellectual Property Organization (WIPO) PCT Legal Division Director, John WhiteCEO and Managing Director of the PCT+ Learning Center (PCT+LC), and Jean QuinnFounder, President and CEO of IPWatchdog.

Information Technology Innovation Foundation

Does the U.S. Need a New AI Regulator?

Virtual webinar on Tuesday at 1pm

The ITIF will host a panel discussion on the future of AI regulation in the US on Tuesday. Proponents of AI regulation say regulation is necessary to protect jobs, intellectual property owners and the global economy. AI enthusiasts, meanwhile, argue that more regulation would stifle innovation, and current regulations are already sufficient. At this event, you’ll hear different perspectives from ITIF panels on one of the world’s hottest topics.

Wednesday, June 7

House Small Business Committee

Rising Prices: Examining the Impact of Inflation on Small Businesses

Wednesday 2:00 pm 2360 Rayburn House Office Building and Online Livestream

The House Small Business Committee on Wednesday will attempt to address the impact of inflation on small businesses in the United States. Inflation in the United States is slowly declining from its peak of just over 9% in June last year. Nonetheless, inflation remains high compared to the last decade, with him currently hovering around 5%. Witnesses at the hearing included Sylvia Saldana Lee, Executive Vice President and Chief Loan Officer of First Community Bank, and Mike Kontzal, President of the Roosevelt Institute.

Thursday, June 8th

IPWatchdog and Anaqua

Patent return on investment – ​​extracting value from your existing portfolio

Online webinar on Tuesday at 12:00

Hear the best strategies for extracting the most possible value from your patent portfolio at the IPWatchdog event hosted by Anaqua on Thursday. During the webinar, speakers will explore various approaches for extracting value from patent portfolios, including patent sales, licensing, standard licensing, and technology transfer. The expert panel includes: Bruce BermanChief Executive Officer, Brody Berman Associates, Chairman and Co-Founder, Center for Intellectual Property Understanding, Louis CarbonneauFounder and CEO of Tangible IP, LLC, Jean QuinnFounder, President and CEO of IPWatchdog.



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