PRINT THIS PAGE Willful Infringement = Punitive Damages!25/10/2006. Source: Israel Venture Capital Journal (IVCJ). 
The threat of punitive damages in a patent infringement suit can be removed by evidence of good faith, notes the Israel Venture Capital Journal. F. Jason Far-hadian, Esq., Principal of Century IP Group, discusses how to counter allegations of willful infringement. Clean technologies that harness wind, solar and hydraulic energy provide environmentally friendly alternatives to traditional sources such as oil, coal and nuclear fission. According to studies, the clean energy market will grow to $92 billion by 2013, roughly seven times its present size. As such, it is not surprising that many venture capitalists are investigating and investing in companies that research and develop clean technologies or related products.
Due to the highly technical nature of the problems in this area and the costs associated with developing the corresponding innovative solutions, most companies seek to legally protect their investment by registering the novel aspects of the technology and enforcing the respective intellectual property rights. In this manner, they either remove a competitive threat from the market or, alternatively, generate substantial licensing revenue, a major portion of which goes directly to the bottom line.
Click here to view the full article (pdf 97kb)You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
This article appeared in the Israel Venture Capital & Private Equity Journal (IVCJ). IVC Research Center publishes the Israel Venture Capital & Private Equity Journal, a quarterly review of trends and developments in the Israeli-related venture capital industry. IVCJ, distributed worldwide, is dedicated to provide wide-range coverage of Israel's venture capital industry. For more information please visit www.ivc-online.com
|
