By Severin de Wit A recently published paper by Dr. Gaetan de Rassenfosse explains how firms can use their patents to finance innovation [1]. He argues that patents aimed at monetization of IP is more important for SMEs than for large companies and reports evidence that European SMEs face more difficulties than SMEs in the […]
The Broader Role of an IP Strategist
August 3, 2012 by 1 Comment
By Robert Cantrell Classical strategy shows that the most successful organizations in any professional discipline tend to assemble good people, ideas, and tools in that order of priority. This makes sense when you think about it given that good people tend to use good ideas and procure useful tools to support them. Look at any […]
IP and IC — the same thing or not?
August 2, 2012 by 2 Comments
By Mary Adams Intellectual property (IP) is a term that is usually used to refer to specific types of structural capital that enjoy special legal status. These include patents, trademarks, copyrights, and trade secrets. Each of these categories has a specific body of law associated with it. Patents have to be approved by a national […]
Losing the Jury
August 1, 2012 by 2 Comments
By General Patent Corporation Jury trials, statistically speaking, are usually a good thing for patent owners. But as patent litigation becomes ever more complex, and the technology underlying the patents ever more mind-boggling, what happens if the case in question goes right over the jurors’ heads? Recently, we’ve seen two cases-in-point: high-profile cases in which […]
iTunes in Asia – IP trumps Apple’s entry
July 31, 2012 by Leave a Comment
By Nick Redfearn The iTunes Store has just opened to consumers with credit cards in Brunei, Cambodia, Hong Kong, Laos, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, Sri Lanka and Vietnam. That’s most of ASEAN. But not in the biggest market, Indonesia or newly opening Myanmar. The latter is understandable given the lack of development. But […]
How Nokia plans to turn its implosion into a transition
July 30, 2012 by Leave a Comment
By Erin-Michael Gill (Credit: Brian Glucroft) The news around Nokia has been understandably negative recently, with some calling its collapse “one of the most spectacular implosions in the history of business.” Last month, Nokia lost its top spot as the world’s largest cell phone manufacturer. Last week, it announced a reduction of 10,000 jobs globally […]
The core of an IP Strategists work…
July 29, 2012 by Leave a Comment
By Duncan Bucknell “And the core of the strategist’s work is always the same, discover the crucial factors in a situation and design a way to coordinate and focus actions to deal with them.” (Richard Rumelt in the June 2011 McKinsey Quarterly.) I think this is a great summary – it gets to the heart […]
Patent Thickets, right or wrong?
July 28, 2012 by Leave a Comment
By Severin de Wit Patents are instituted to provide an incentive to innovate, which is important considering that innovation is a key driver for economic prosperity. Yet, what happens if the company that holds the patent right does not want to produce anything, but instead holds-up other patent right holders? Certain combinations of patent rights, […]
Should you devote resources to monitoring your competitors IP?
July 27, 2012 by 1 Comment
By Leonid Kravets A successful business person understands that in order to stay ahead of the competition, he or she must stay informed about the competition. One way to stay informed is to monitor competitors’ publications issued by the United States Patent and Trademark Office (“USPTO”). These publications include published non-provisional patent applications and issued […]
Avoid jointly owned intellectual property like the plague
July 26, 2012 by 1 Comment
By Donal O’Connell Not all the smart people work for you Traditionally, internal innovation was the paradigm in which most companies operated. Most innovating companies kept their discoveries highly secret and made no attempt to assimilate information from outside their own research and development laboratories. This was driven by the belief that “the smart people […]
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