The Hidden Value of an IP Portfolio – Just ask Dell
April 8, 2013
Value creation is the performance of actions that increase the worth of goods, services and businesses. It benefits customers, who receive improved products and services, as well as shareholders of the company who wish to see their stake appreciate over time. How does a company create and maintain value? Through innovation processes that build a portfolio of patented intellectual property. A company’s value is not only measured by its annual revenue, but also by the worth of its IP portfolio. In the... Read more »
New Intellectual Property Exchange Streamlines Patent Trading
July 10, 2012
In the research and development industry where innovations build on top of other innovations, obtaining patents to protect intellectual property is of the utmost importance. It is critical to ensure that patents being are utilized, especially within big corporations like IBM or organizations like the Unites States Navy. Not only do patents protect newly developed products or processes, they contribute to unrealized value creation, or assets that can be explored and sold. The latest development besides one... Read more »
Managing the Uncertainty of Open Innovation
February 21, 2012
One of the hottest topics in business management today is open innovation. The concept uses an open business model for companies to “co-innovate” with their partners, suppliers, and customers – in order to accelerate the rewards of innovation. For example, a small or midsized company develops a game-changing new idea and works with a larger company to bring the product to market. Through the collaborative relationship of open innovation, companies are able to leverage new ideas and products,... Read more »
The Wolves are at the Door: Why YOU Need to Hire an Intellectual Property Lawyer
August 30, 2011
Innovation is the lifeblood of any organization, and value creation is measured by a company’s intellectual property portfolio. As a business leader, you are responsible for protecting your company’s IP portfolio through patents. What exactly is a patent? A patent is a legal document granted by the federal government that gives the patent owner the right to exclude others from making, using, selling, offering to sell, and importing the claimed invention. Essentially, it is the property right to the inventor.... Read more »
Cashing In On Intellectual Property
September 22, 2010
Maximizing Innovation by Translating Intellectual Property into Revenue What’s in your IP cupboard? Progressive companies create innovation teams. They invest countless man-hours, dollars and other resources in investigating and pursuing innovation. Yet they often leave their intellectual property untouched, thereby failing to translate patents and other IP into revenue opportunities. American industry and academia hold some two million current patents granted by the U.S. Patent and Trademark Office.... Read more »
Redefining Innovation’s True Reward: Amassing Intellectual Property and Value Creation
July 26, 2010
What is the ultimate goal of process-driven innovation? Open a bottle of Coca-Cola – and read its performance reports – to get a true taste of the answer. In 1980, the Coca-Cola Company was struggling, and its market share was underperforming compared to its competitors. So at a worldwide management conference in 1981, CEO Roberto Críspulo Goizueta decided to refocus the entire organization on putting value creation first. The company refined its marketing investment, expanded into new markets,... Read more »
Innovation Evolution
