Law360, New York (March 28, 2012, 1:31 PM EDT) -- This summer, Allan Fanucci, of Winston & Strawn LLP, and I co-authored a two-part article on Law360 entitled "The Long March to New IP Licensing Paradigms." The article discussed the increasing importance of intangible assets to the world economy and how this affects the intellectual property marketplace. The ever-growing importance of intellectual property in the world economy can be summarized in a single statistic. In 1975, 83.2 percent of the value of S&P 500 companies derived from tangible assets. By 2009, a near inversion had taken place, with 81 percent of the value of S&P 500 companies deriving from intangible assets. Chief in importance among this newly central asset class is intellectual property....
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