Abenomics and 'sleeping' patents

01-02-2013

Ryo Maruyama

Shinzo Abe, the head of Japan’s Liberal Democratic Party, was reappointed Prime Minister of Japan on December 16, 2012. Since then, his economic policy, known as ‘Abenomics’, has been frequently discussed in Japan.

Shinzo Abe, the head of Japan’s Liberal Democratic Party, was reappointed Prime Minister of Japan on December 16, 2012. Since then, his economic policy, known as ‘Abenomics’, has been frequently discussed in Japan.

Although Abenomics is favourably spoken of among Japanese people because it has led to the depreciation of the yen, there is concern that the rapid depreciation of the yen might bring danger to the Japanese economy.

Amid such abrupt political and economic upheaval, the field of Japanese IP has also experienced big changes, particularly in terms of the utilisation of ‘sleeping’ patents (patents which have been granted but not commercially exploited) which reside in corporations and might involve high technologies.


Abenomics, 'sleeping' patents, Shinzo Abe, technology

WIPR