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Industry committee  Right now, we have a new Institute for nanotechnology and that's a burgeoning area. We've spent quite a bit in creating infrastructure to support those faculty members, and there are innovations coming out constantly in that space. We have one at the moment—a nanoparticle that ca

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  RIM has been a bastion of success in the Waterloo region in general and a repository for a number of our technologies over the years.

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  I haven't looked at it from that perspective. I'll have to take your word for it.

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  That's all I had, sir.

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  The U.S. filing is basically just a place holder.

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  It's a place holder. Even Canadian corporations would likely file in the U.S. first, because for Canadian corporations the biggest market in the world is the U.S. So there would be a filing in the U.S. for a variety of technical reasons. If the filing starts there, there are cert

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  Yes. There are some patent-related laws and precedents that drive people to file in the U.S. first, but it in no way precludes our filing in Canada at the appropriate juncture in the future. It's just a place holder.

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  I don't think so, because even Canadian corporations, if they had to file one patent, would probably pick the U.S., because it's a big market. But they're operating out of Canada, so it's still a benefit to Canadian corporations.

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  I would echo some of the same comments just made. If you look at the open source movement, for instance, there are no patents there. In fact, that community rails against patent protection and constraints on moving knowledge. There certainly are models of intellectual property be

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  Again, it depends. In the software community, moving fast is really the important thing. Having an open system, open source, works in that space. In industries where you have to make capital investments, such as chemical processing or manufacturing, where there's heavy equipment,

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  It was 55% less in Ontario compared to similar U.S. jurisdictions. Canadian companies invest in patenting 55% less than their U.S. competitors do.

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  Right. The number of patents is broadly viewed as a measure of the innovation capacity of industy. It says that the Canadian private sector is not investing heavily in the patent space, and, therefore, it's a reflection of innovative capacity. There's a notion there again that un

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  You know, there's—

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  To comment on that, in the U.S. there are actually quite a few murmurings about whether the Bayh-Dole Act has outlived its useful purpose. There was a recent court case, Stanford v. Roche, where the university's claim to ownership of an inventor's IP was challenged. It has caused

May 17th, 2012Committee meeting

Scott Inwood

Industry committee  Because the stuff in the university that we see is very early, there is quite often a requirement to package it—at least to build the first prototype to validate that the technology works, to de-risk to the point that somebody will open up a chequebook and buy something, so that

May 17th, 2012Committee meeting

Scott Inwood