On-demand, rental electric scooters are seen as a way of easing the pressure on public transport systems during the COVID-19 crisis. Although e-scooters have been in the UK for some time now, e-scooter rentals only became legal on UK roads on 4 July 2020. Up until 4 July 2020, it was illegal to use e-scooters on any public road or footpath in the UK. Even with the change in the law, it is still illegal to use a privately owned e-scooter on a public road or a footpath in the UK. This article takes a look at the patent portfolios of some of the major players in e-scooter rentals.
Insights: IP protection
In the wake of the Covid-19 pandemic, we have seen a large amount of government backed funding made available in the UK to promote UK based innovation. In particular, various schemes, competitions, grants and loans have been announced with the aim of helping UK SMEs involved in technology and R&D grow as the Covid-19 disruption dies down. We have reported on a number of these recently. An area that is important for achieving this aim, but is perhaps at risk of being overlooked during this period of widespread disruption and uncertainty, is intellectual property.
For over 50 years the MacRobert Award has been recognising world-leading engineering innovations developed in the UK. Originally founded by the MacRobert Trust in 1969, the award has since become the UK’s longest-running and most coveted prize for UK engineering ingenuity. The annual award is now run by the Royal Academy of Engineering, and honours engineering achievements that demonstrate outstanding innovation, tangible societal benefit and proven commercial success. The list of past winners of the award serves as an impressive reminder of the wide-ranging capabilities of British engineers.
rocery delivery service Ocado was forced to temporarily suspend parts of its online service last month due to coronavirus (Covid-19). The panic buying induced by the virus resulted in a tenfold increase demand. However, even before this unprecedented surge Ocado has been steadily growing over recent years. A quick Google search shows the impressive growth of Ocado’s share price since its initial public offering. Investment in technology and intellectual property (IP) have played a major role in this growth.
The European Patent Office (EPO) and the EU Intellectual Property Office (EUIPO) have jointly published a report examining the relationship between IP activity and the growth prospects of European small and medium-sized enterprises (SMEs).