“Canada’s patent problem is that it doesn’t seem to know it has one,” commented Jameson Berkow, a Technology reporter in the Financial Post Online Newspaper.

The Rights and Rents report indicated that China had an apparent growth of 56% patent applications between 1995 and 2005, while Canada only had 7% growth in the same period. The lack of initiatives will result in the disappearance of Canadian-made products in the global market as we lose the competitiveness and uniqueness.

This is an excellent place for Business Technology Management to kick in and manage this issue as a part of businesses. Implementing its strength in organizing patent applications through electronic copies will allow Canada Entrepreneurs to grow in sync with the acceleration of innovation and avoid the intellectual property wars like Apple and Samsung. In short, regulating the laws for patents will save companies time and prevent them copying ideas from others.

Reference:
Canada’s Patent Problem