Later economists like Harvard Professor Michael Porter developed Aguilar’s theorem further by adding Legislation and Environmental analysis to the mix, thereby creating PESTLE. The invitation makes specific reference to ‘semiconductor capital equipment’, which it identifies as an area that may require additional oversight or export restrictions. Currently many IP licensees have their technology ‘rolled up’ into Standard Essential Patents (SEP, in which ‘implementers’ (manufacturers of end products) are issued licenses on Fair Reasonable and Non-Discriminatory Terms (FRAND). Some legal firms have described the UK Supreme Court ruling as a ‘breakthrough’ for small IP holders in their negotiations with large multinational ‘implementers’. Whilst this may be true it assumes the IP holder has the substantial financial ‘muscle’ necessary to gain geographically wide strong patents on their idea, product or software that cannot be easily circumnavigated.
- AI & Machine learning
- Engineering & Scientific
- Data Management
- Virtualization & Network Resources