NYS Science & Technology Law Center

SUMMER 2024 NEWSLETTER

News From the Innovation Law Center

Innovation Law Center

The ILC is the designated NYS Science & Technology Law Center. It is funded by the Empire State Development Corp. to provide information and research on legal issues relevant to the technology commercialization process. Research is available to early-stage companies, research centers, economic development agencies, technology transfer offices and researchers throughout New York State.  Research on the intellectual property, competitive and market landscapes relevant to a new technology are completed by law and business students under supervision of faculty. If you are interested in having the ILC complete research, please submit a request here

IP / Regulatory Law Watch

Professor Shubha Ghosh, Crandall Melvin Professor of Law and Director of Technology Commercialization Law Program and Syracuse Intellectual Property Law Institute offers insights in the three articles below on a Congressional proposal on AI, a NIST march-in rights proposal, and the design patent non-obviousness standard. 

Congress and the Department of Justice are setting their sights on algorithm-implementing emerging artificial intelligence technologies 

Recently, the Biden administration and Department of Justice began investigating software companies providing algorithms to landlords to inform their pricing strategies, which detractors claim are contributing to inflation in the rental market. While these investigations have generated significant attention because of how politically charged the housing industry has become in this inflationary environment, it is far from the only example of the DOJ targeting algorithmic AI. 

The DOJ seems to believe that AI services, which are now utilized in about every sector of the economy, could coordinate collusive, anti-competitive behavior, violative of the nation’s antitrust laws. To assist the DOJ’s efforts, the Senate is considering the Preventing the Algorithmic Facilitation of Rental Housing Cartels Act. This Act will change the procedural and substantive rules of antitrust law to make it easier for enforcers to crack down on algorithms. See Professor Ghosh’s article here

Understanding Law by Visualizing It

Every law student learns how to visualize. Flowcharts. Timelines. Transaction diagrams. Corporate ownership. Tax flows. Litigation parties. All help to reduce complex legal scenarios into p’s, d’, arrows, and geometric shape.

Now imagine using machine learning and other artificial intelligence features to translate complex legal documents and transactions into visuals that surpass Powerpoint. Imagine how such visualization helps attorneys, clients, and judges better understand the intricacies of litigation or a transaction.

A company in Denmark has made what you can imagine a practical reality. Juristic is an innovative company that provides a platform that can transform legal documents, emails, draft contracts, pleadings into comprehensible visuals. Words become images that can be edited, studied, and mastered.

I was fortunate to speak with Christian Mellado Hjortshøj, a co-founder of Juristic, with a background in law and technology. He spoke with me about the importance of converting text into visuals, showed me some of the features of Juristic’s software, and answered some of my questions about the regulation of legal tech in Denmark and the relationship between law firms and technology companies. A planned podcast will discuss these issues in more detail.

Should March in Rights Be Expanded?  

The National Institute of Standards and Technology (NIST) has proposed exposed march-in rights in order to lower the price for products built on patented technologies. More information on the proposal can be found here. Professor Ghosh was invited to participate in a panel evaluating this proposal which can be viewed here.  

Federal Circuit Overrules 42-Year Old Precedent on Nonobviousness of Design Patent

In May, an en banc panel of the United States Court of Appeals for the Federal Circuit overruled the 1982 precedent for determining when a design patent is non-obvious. At issue is a patent infringement dispute involving a design patent covering the front fender on an automotive body. LKQ challenged the nonobviousness of the design based on two pieces of prior art in a proceeding before the Patent Trial and Appeal Board (PTAB).  Read Professor Ghosh’s full article here

Comprehensive Federal Consumer Privacy Bill Moves Forward  

Congress once again moves closer to imposing a federal standard for consumer data privacy. The American Privacy Rights Act (APRA) would eliminate the current patchwork system of state-by-state data privacy legislation. The bill focuses on data minimization, transparency, and consumer control. Read more about what obligations the APRA imposes on covered entities here.  

Ag Innovation Challenge Extends Application Deadline 

The American Farm Bureau Federation (AFBF) has extended the deadline to apply online for the 2025 Farm Bureau Ag Innovation Challenge. In its 11th year, this national competition showcases U.S. startup companies developing innovative solutions to challenges faced by America’s farmers, ranchers and rural communities. Past winners include Barn Owl Precision, an autonomous micro-tractor company, and Harvust, a farm HR software company. Read more about the Ag Innovation Challenge here

Around NY State

Green CHIPS Investment Fund Guidelines Released 

On July 18, Governor Hochul unveiled the guidelines for the $500 million Green CHIPS Community Investment Fund, a fund created by the Green CHIPS incentive agreement between Micron and Empire State Development. Empire State Development is contributing $100 million to the fund. Capital-based projects will be eligible to receive grant funding out of ESD’s portion. Additional funding will be supplied by Micron. Grants out of Micron’s $250 million dollar contribution will be awarded and disbursed by Micron, in consultation with ESD. 

Empire Technology Prize Competition Finalists Announced 

Seven finalists have been announced in the $10 million Empire Technology Prize competition, a competitive opportunity for global solution providers who focus on low carbon heating system retrofits in tall commercial and multifamily buildings in New York State New York climate tech accelerator, The Clean Fight, administers the Empire Technology initiative on behalf of the New York State Energy Research and Development Authority (NYSERDA). The Clean Fight will match finalists with leading New York real estate portfolio owners interested in discussing pilot and demonstration opportunities for the proposed solutions in New York. Read more about the finalists, which include both startups and multinational companies hailing from New York to Norway, here

FuzeHub Innovation Summit Commercialization Competition Open 

FuzeHub holds an annual Commercialization Competition made possible by the Jeff Lawrence Innovation Fund. As part of the competition, companies throughout New York State compete to demonstrate the commercialization potential of their technology or product. 
 
The competition intended to help small manufacturing and technology companies develop and refine their prototype, a necessary step for companies seeking additional investment and looking to strengthen their “go-to-market” strategies. The application period is now open. Read more about the Commercialization Competition and application process here

Upcoming Events

New York State Innovation Summit 

  • What: A multi-day event for NYS organizations that want to showcase and discover new and emerging technologies that support innovation and drive business growth. Click here to register here. 
  • Where: The Nicholas J. Pirro Convention Center at the Oncenter 
    800 S State St, Syracuse, NY 13202 
  • When: October 27-28, 2024 

 
Do you have an event or schedule you would like to advertise? Contact Karen Scullion at nysstlc@syr.edu to share it in our next monthly newsletter. 

Funding Opportunities

From early-stage non-dilutive funding to tax benefits and investment funds, NYS has several funding resources for inventors and entrepreneurs. Check out the links below for more information: 

Questions or Suggestions: Contact Innovation Review Editor Emily D’Agostino at nysstlc@syr.edu