Intellectual Asset Management: The First Step on the IP Critical Path
Intellectual property (IP) issues are a growing concern for SEMI members. Last year, a survey of SEMI members indicated that 47% of respondents ranked IP issues as “extremely serious business challenges”, and an additional 35 % ranked them as “somewhat serious.” Almost three-fourths stated that IP issues have an adverse commercial impact on their company.
To meet the industry’s IP challenges, SEMI has created a number of programs and services to address the issue. Last year, a number of important steps were taken, including establishing IP Working Groups, the publication of an IP Best Practices paper, and the initiation of an IP information area on the semi.org website.
On April 17, SEMI will offer a one-day seminar addressing the unique IP issues that SEMI members encounter. The seminar, The IP Critical Path: Intellectual Asset Management for Enabling Technology Companies, will provide information necessary to develop an Intellectual Asset Management (IAM) strategy for maximum IP value and protection. SEMI will hold the one-day program at the Santa Clara Hilton. The program was specifically designed for senior executives responsible for developing and managing IP strategies at semiconductor equipment, materials and device communities, and related industries.
The seminar will be led by John Cronin, managing director and chairman of ipCapital Group, the largest professional services firm of its kind. Since 1998, ipCG has delivered over 450 successful IP engagements—helping clients develop intellectual property (IP) strategies, strengthen and monetize IP portfolios, and establish and implement Intellectual Asset Management (IAM) practices. Prior to founding ipCG, Cronin was a distinguished inventor at IBM for 17 years. During his tenure, he patented 100 inventions, published over 150 technical papers, received IBM’s “Most Distinguished Inventor Award,” and was recognized as IBM’s “Top Inventor.”
For additional information on the seminar, click here.
Following the April seminar, the IP Working Group and SEMI may offer the course at additional locations or online during 2007. In addition, SEMI is planning other programs to support the IP needs of members. For example, in the fall, SEMI will publish an IP White Paper that seeks to quantify the economic impact of IP violations, provide a fact-based summary of the issues, raise awareness of the problem, and recommend remedies.
Enabling technology companies in the semiconductor, nanotechnology, tech-energy, and other sectors face a unique set of Intellectual Property (IP) threats and opportunities. These industries have global supply chains and a limited customer base highly dependent on the next generation of technical advances to maintain a competitive advantage. By understanding members’ needs, providing practical information, and aggressively supporting action by important players in the industry, SEMI can help minimize the negative impacts and maximize members’ interests in advancing a healthy IP environment.