Technological innovations can be protected by patents, and patent applications are filed in various patent offices around the world including the United States Patent and Trademark Office (USPTO). Recently, the U.S. exportation of artificial intelligence and internet of things patents in the form of foreign sales of articles embodying U.S. patents and international technology licenses has grown substantially. However, due to the U.S. Supreme Court’s Lexmark decision reconfirming an international patent exhaustion doctrine, the asian or korean importers importing such U.S. goods embodying U.S. patents do not have to worry about patent infringement liability, even when they try to resell the patented goods to the third parties. KCAB can play a substantial role in resolving such patent disputes due to qualified expert arbitrators and the International Rules of KCAB which ensure impartiality and independence of the arbitrators.
Ⅰ. Introduction
Ⅱ. Definition and Features of AI and IoT.
Ⅲ. AI and IoT Patent Analysis via US PTO Website
Ⅳ. Why Arbitration Is Ideal for High-Tech and Emerging Technology Disputes Including AI and IoT Technologies
Ⅴ. U.S. Supreme Court’s Decision on International Patent Exhaustion and Its Implication
Ⅵ. KCAB’s Role As an Arbitral Institution to Resolve AI and IoT Patent Exhaustion Disputes
Ⅶ. Conclusion