"In today's fast-paced global economy, intellectual property (IP) teams face unprecedented challenges and opportunities. The world is witnessing a flux of geopolitical tensions, economic uncertainties, and rapid technological advancements, all of which demand agility and strategic foresight from IP professionals. Meanwhile, to complicate matters the United States is attempting to rearrange international business norms by diversifying supply chains for particularly important goods and components, while simultaneously aggressively using tariffs to change global economic behavior and settle international conflicts and wars."
"Francesca, a seasoned IP professional, set the stage initially by highlighting the dramatic changes occurring in the IP sector. As geopolitical tensions and economic concerns intensify, IP teams are under pressure to remain agile. Tariffs, changes in U.S. Patent and Trademark Office (USPTO) leadership, and increasing fees are reshaping strategies. "We have to keep up and pivot quickly in this environment," Francesca noted, underlining the necessity for IP teams to adapt to new trends impacting law firms and corporate IP departments."
"Francesca Cruz, who is Senior Vice President of IP Solutions for Juristat, moderated the discussion between Dean Geibel, Chief Patent Counsel for Samtec, Inc., Patrick Kilbride, an IP policy advisor with Kilbride Public Affairs, and myself."
Intellectual property teams confront intensified geopolitical tensions, economic uncertainty, and accelerating technology that require agility and strategic foresight. The United States is diversifying supply chains for critical goods while using tariffs to influence global economic behavior and resolve conflicts, altering international business norms. Tariffs, changes in U.S. Patent and Trademark Office leadership, and rising fees are reshaping IP strategies, budgets, and patent portfolio management. IP professionals must pivot quickly, reassess prosecution and enforcement priorities, and allocate resources deliberately to protect innovation amid shifting trade policies and regulatory landscapes. Companies require forethought and deliberate strategic action to mitigate risk.
Read at IPWatchdog.com | Patents & Intellectual Property Law
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