Brexit Creates Uncertainty For IP

By Roberta Young (August 3, 2017, 2:34 PM EDT) -- Thomas P. (Tip) O'Neill was known for the quote: "All politics is local." For businesses today, the motto is: "All business is global." The rise of e-commerce has made many companies global businesses with worldwide sales, marketing, as well as research and development activities. Often, global companies carefully consider where to pursue patent and trademark protection for their key ideas and products. The Brexit vote in the U.K. may change this decision-making process for global businesses.

Many global businesses decide where to protect their intellectual property based on sales, business climate and production. For many companies, sales in the region are...

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