It’s fitting that our nation’s Founders, as they were drafting the Constitution – one of the most original works in human history – were thinking about the need to protect creative works and inventors’ rights to own the fruits of their own ingenuity.
As the NBA monitors state legislative efforts that could dramatically expand sports betting, the league is mulling whether to engage in commercial relationships with major gaming corporations. One in particular, MGM Resorts International, has been heavily involved with NBA properties this summer.
( Walt Disney NYSE:DIS) has paid dearly for intellectual property (IP) over the years, and its track record with the properties it has bought has been nearly perfect. Aside from making a mistake in thinking that fans would care about a Han Solo origin story, the company has scored hit after hit since buying Pixar, Marvel, and Lucasfilm.
Many years before President Trump won the 2016 presidential election, he labeled China a country that manipulates the value of its currency to hurt the United States in trade. “When will the US government finally classify China as a currency manipulator?” Trump tweeted in 2011. “China is robbing us blind and @BarackObama defends them.”
If completed it could have devastating consequences for standards in agriculture, services and manufacturing, and the lives of billions of people, yet the negotiations are happening behind a veil of almost total secrecy. Trade experts from across Asia assessed the RCEP negotiations against criteria for transparency, public participation and good governance and found great cause for concern.
Last summer I talked about blockchain in a series of interviews here and, for the past couple of months, we have been running a series on startup issues. As discussed many times, the foundation of most companies’ value is their intellectual property (IP).
Burberry, the upmarket British fashion label, destroyed unsold clothes, accessories and perfume worth £28.6m last year to protect its brand. It takes the total value of goods it has destroyed over the past five years to more than £90m. Fashion firms including Burberry destroy unwanted items to prevent them being stolen or sold cheaply.