Intellectual Property: Cost, Value, and COVID-19 Changes

Life Sciences Innovation
Business Development Intellectual Property & Patents

The LSI Hub welcomed Jim Wilson, Senior Manager – Talent Development, Innovate Calgary, and Marnie Fyten, IP Advisor – Business Services Branch, Canadian Intellectual Property Office (CIPO).

This webinar will provide estimates of the cost to develop and maintain patents and trademarks, and factors that influence the cost. Secondly, an introduction to estimating the value of a patent which will include revenue based and comparable transaction based approaches, together with their limitations. Recently changes to Canadian Intellectual Property regarding COVID-19 will be summarized.

Viewers will learn cost and value estimation approaches to help inform cost-benefit decision making for your own intellectual property. You will get tools from the Canadian Intellectual Property Office to help you plan an efficient intellectual property management strategy.

About Jim Wilson, PhD

Senior Manager – Talent Development, Innovate Calgary

As the Senior Manager, Talent Development for the Life Sciences Innovation Hub, Jim is responsible for building innovative learning experiences for the Life Sciences Start-up Fellows, New Ventures, and the broader University of Calgary campus community. These learning experiences include workshops, challenges, competitions, Fellowships with a focus on commercial outcomes; intellectual property strategy and execution, competitive landscape mapping, design thinking, customer discovery, and pitch coaching. Jim received his MSc. in Computer Simulation at Coventry University in the United Kingdom, and his PhD in Biomedical Engineering at the University of Calgary. He was extensive public relations and media experience through his volunteer work with the Calgary Search and Rescue Association.

About Marnie Fyten, MBA

IP Advisor – Business Services Branch, Canadian Intellectual Property Office (CIPO)

Marnie Fyten is an intellectual property Advisor for the Prairie and Northern Region, with the Canadian Intellectual Property Office (CIPO), an Agency of Innovation, Science and Economic Development Canada. She is responsible for delivering CIPO’s IP awareness programs, tools and learning resources, to support innovators, entrepreneurs, and SMEs, as they maximize the value of their IP.

Marnie has a Bachelor of Science in Biology (B. Sc.), and a Master of Business Administration (MBA). She has lived in Edmonton, Calgary, Saskatoon, Yellowknife, and Ottawa, and has worked with several federal, provincial and territorial departments in the Prairie and Northern region, and in the National Capital Region.

*This webinar is a part of the Innovate Calgary and Life Sciences Innovation Hub Webinar Series

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