In figures released today by Imperial College and the Intellectual Property Office we can see that IP investment is larger than previously thought and that over 50% of the total is made up of investments in content destined for film, TV or radio distribution.
The digital revolution has turned this area into a much more volatile space as the ease of copying, distributing and making money from the IP of others has grown quickly & exponentially (a bit like the weird squid in Ridley Scott's excellent movie Prometheus). Google and YouTube are brilliant examples of a land grab in the new digital frontier.
The legal / ethical framework has struggled to keep pace and with the US Govt funding the development and distribution (allegedly) of the Stuxnet virus it seems it is all a bit of a free for all at the moment. The winners going forward are likely to be those who understand the value of and invest in protecting the IP they own.
The digital revolution has turned this area into a much more volatile space as the ease of copying, distributing and making money from the IP of others has grown quickly & exponentially (a bit like the weird squid in Ridley Scott's excellent movie Prometheus). Google and YouTube are brilliant examples of a land grab in the new digital frontier.
The legal / ethical framework has struggled to keep pace and with the US Govt funding the development and distribution (allegedly) of the Stuxnet virus it seems it is all a bit of a free for all at the moment. The winners going forward are likely to be those who understand the value of and invest in protecting the IP they own.