LIT

The LESI Innovation Trends (LIT) Task Force is a horizontal task force within the structure of LESI Committees. It is responsible for monitoring the factors of change brought by innovation that have a significant impact on the current IP framework, identify any shortcomings, and propose corresponding solutions.

In the present information-based economy, new technologies (NT) – for example, artificial intelligence (AI), blockchain, Internet of Things (IoT), “Big Data”, automatization) are very quickly starting to change how society as a whole operates, which has many consequences on industry and services themselves.

Although this trend is developing in an accelerated way around the world, in the last few years, there have been voices raised to the fact that the current support given by the IP framework (IP law, practice and procedures) to developers (as the creators and implementers of the innovation), and its users, is insufficient to enable implementing in a sustainable manner the benefits of NTs in society, and, as a consequence, leverage the impacts of “the fourth industrial revolution”.