Posts Tagged ‘intellectual property’

Manage Innovation to Drive Value Creation

  The fundamental purpose of Innovation is to create value that translates into enhanced stakeholder/shareholder value. Sustainable process-driven innovation transforms ideas into vital intellectual property, Intellectual property into revenues, and revenues into increased stakeholder value. While the creation of the idea is important, the creation of value for the customer is equally paramount. In many companies,…

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The Hidden Value of an IP Portfolio – Just ask Dell

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…

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New Intellectual Property Exchange Streamlines Patent Trading

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…

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Managing the Uncertainty of Open Innovation

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…

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Cashing In On Intellectual Property

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…

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