Regarding the cloud and intellectual property, "the barrier to entry into a new business has been reduced," Fred Logue, founder of New Morning IP, an Irish law firm specializing in intellectual property law for technology industries said. "In some ways this is good, because it means that more people can enter into a market and they can innovate. But in other aspects it's a bad thing, because a market with a low barrier to entry ... is open to wider competition than is the case where there is a high barrier to entry."
While the cloud reduces the barrier to entry for innovation, moving from a hardware to a software model makes getting a technology patent more difficult, he added. He attributed this to biases in U.S. and European patent law.
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