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Article: Renewed Government Attention to Patents and Intellectual Property Reaffirms IP's Role in Driving Western Economies; Chicago's ipIQ Leverages IP Value as a Corporate Asset.
- Article from:
- Business Wire
- Article date:
- June 29, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- The worldwide value of Intellectual Property (IP) such as patents, has experienced a 29% increase over the last five years in the demand for patent rights. ipIQ(R), a Chicago-based company that helps corporations capitalize on the maturing of Intellectual Property as a corporate and financial asset, estimates that almost 19.5 million patents were applied for worldwide in 2004 -- a reflection of both an increase in the number of inventions and an increase in patents filed per invention.
The growing attention to Intellectual Properties is not only resonating in the executive suite, but it has reached the floor of the House of Representatives, where U.S. ...