Innovation

News & Analysis as of

Financial System Inquiry - Final Report Summary of Recommendations re Innovation

On 7 December 2014 the Final Report was issued by the Financial System Inquiry, chaired by David Murray. Below is a summary of the key points relevant only to innovation. This update does not seek to address matters in the...more

3D Printing: Is Your Business Ready for the Next Industrial Revolution?

Disruption displaces old business models but creates opportunities, if one has the vision. For example, it is no secret that the music industry has suffered rampant intellectual property abuse. ...more

Strategic Considerations in Litigating Design-Arounds - Vol. 20, No. 6

Design-arounds are a well-recognized pathway for the public to benefit from the patent system. “One of the benefits of a patent system is its so-called ‘negative incentive’ to ‘design around’ a competitor’s products, even...more

Sherlock Holmes and Innovation in the Compliance Function, Part II – The Sign Of Four

Today we honor Conan Doyle’s second Sherlock Homes novel, The Sign of Four. The novel was published in 1890 but the story is set in 1888. The story entails a complex plot involving service in East India Company, India, the...more

Innovation in Outsourcing – the Legal View

“Innovation” is a word that is heard with increasing frequency in outsourcing circles, despite the concept being not exactly new. This begs the question why it has now crept its way up the list of topics for consideration in...more

EERE-Funded Projects Recognized by R&D 100 Awards

On November 7, 2014, R&D Magazine announced its 52nd R&D 100 Awards, which are widely recognized as the "Oscars of Invention." Major technological breakthroughs made over the past year were honored and included work from...more

Patent Litigation and the Innovation Economy

Momentum over patent reform has waxed and waned over the past several years. Throughout, there has been a constant backdrop of concern about patent assertion entities (PAEs), which the Federal Trade Commission defines as...more

Israel, Finland and the US top the Global Cleantech Innovation Index 2014

The Global Cleantech Innovation Index 2014 reports that Israel, Finland and the US provide the best political, social and financial conditions to cultivate cleantech innovation and commercialisation over the next 10 years....more

Is This the Closest I’ll Get to High-Speed Rail?

Attending the American Public Transportation Association (APTA) convention last week in Houston, Texas was like being the proverbial kid in a candy shop. The massive Expo, covering 280,000 square feet of the Brown Convention...more

CFPB Proposes Issuing No-Action Letters: Innovation at Too Much Cost and Uncertainty?

On October 10, 2014, the CFPB issued notice of and requested public comment on a proposed policy allowing CFPB staff to issue no-action letters (NALs) for “innovative financial products or services that substantially benefit...more

CMS Requests Input on Health Plan Innovation Initiatives

Medicare Advantage (“MA”) plans, prescription drug plans (“PDPs”), and other stakeholders have until November 3, 2014, to provide input into the Centers for Medicare & Medicaid Services’ (“CMS’s”) consideration of potential...more

Entrepreneurship: New Idea or Just Old-fashioned Problem Solving?

It seems to me that every other business article written today, in one way or another, touches on entrepreneurs and entrepreneurship. Many of us throw the terms around in our everyday conversations, including myself recently...more

China’s Pollution Woes Trigger a New Environment for Manufacturers in China

The most modern of manufacturing operations can exist nearby the most backward. Thousands of quality assurance, hygiene, energy conservation and other regulatory standards are in place, but access to, enforcement and...more

Talking About A Revolution

Clients are making it clear that they want nothing short of a revolution in the way legal services are delivered to them. It’s the biggest change the profession has faced in nearly 200 years and it’s one that A&O is...more

Ahead of the Curve: Three Big Innovators in BigLaw

Nashville, TN. It is time to put down the broad brush used to paint BigLaw as inefficient and out of touch. At least for me, that is the big takeaway from the 2014 International Legal Technology Association (ILTA)...more

Weeks II: Innovator Liability Finds a Sweet Home in Alabama

Last week, the Supreme Court of Alabama confirmed its January 2013 holding that manufacturers of brand drugs can be liable for injuries caused by generic drugs. Weeks v. Wyeth, Inc., No. 1101397, slip op. (Ala. Aug. 15,...more

Inventions and the Ecosystem of Ideas

There are some striking parallels between inventions and living organisms, and between technology in a consumer marketplace and an ecosystem. Insights gained through the comparisons may be beneficial to inventors, companies,...more

Experts Weigh In On Developments With U.S. Manufacturing Hubs

On July 9, the Brookings Institution held a conference entitled "Regional Manufacturing Hubs: A Path to Innovation," which discussed recent manufacturing policies and their impact on U.S. innovation and job creation....more

Winds Of Change Sweeping Through The Employee Share Scheme Landscape

There is building momentum for the Federal Government to change laws which currently apply to employees share schemes to counter the problems arising from previous changes made in 2009, and as a result, to increase the level...more

Living Through a Paradigm Shift

The initial two paragraphs of Richard Susskind’s newest book, Tomorrow’s Lawyers, are perhaps the boldest and most confident of any commentator currently writing on the legal industry: This book is a short introduction...more

Virtual Currencies: New York State Department of Financial Services Releases Proposed Regulations

As the first of their kind, the proposed regulations may add legitimacy to virtual currencies, but the new regulatory regime could stifle innovation and development. On July 23, 2014, the New York State Department of...more

OSTP and NEC Seek Comments to Update Strategy for American Innovation

On July 29, 2014, the Office of Science and Technology Policy (OSTP) and the National Economic Council (NEC) published a Federal Register notice requesting public comments to provide input for an upcoming update of the...more

Innovation is More Than a Buzzword

It’s no surprise to anyone that the legal community is not typically classified as innovative. But as law firms and legal service providers adjust to the changing economic landscape, many of the more successful ones are...more

Of Soccer Balls and Social Media

What do lawyers and Pakistani factory workers have in common? More than you think. Especially when it comes to innovation....more

The New Bipartisan Workforce Innovation and Opportunity Act

Who said bipartisanship is dead in Washington? It just requires the right legislation! Finally, a long-awaited jobs promotion bill was approved that aims to help train and prepare workers with the twenty-first century skills...more

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