According to attorney Martin Nichols, entrepreneurs need to have a great deal of trust when sharing intellectual property with venture capitalists, as VCs often will not sign non-disclosure agreements. If a client is working on patentable technologies, Nichols suggests trying to button up those issues before going to meetings.
To be upfront about where we stand, yes – we are great supporters of tapping into the wisdom of the crowd for many pursuits – for citizen engagement, open innovation, or crowdfunding. That said, we realize that it’s important to be aware of the fact that there are risks to consider. This article is a response to the concerns raised by people we meet along an organization’s path of considering crowdsourcing to fulfill a particular need for their organization or their constituents.
The European Open Innovation Summit, the only conference in Europe focused exclusively on open innovation (OI), will address key issues and uncover latest developments in efforts to utilize ideas from external groups when developing new products. This unique event will provide successful strategies for effectively collaborating with innovators outside of your group and offer solutions [...]
On World IP day, April 26th, Ideas Matter, a newly-formed group of enterprises, SMEs and trade associations, was launched. The entity is dedicated to demonstrate the benefits of intellectual property (IP) for work and daily lives. Ideas Matter was formed by organisations across a wide range of sectors including: DSM, International Chamber of Commerce, International Trademark Association, Lundbeck, Microsoft , NBC-Universal, NL Octrooicentrum, Philips, SAP and Technicolor amongst others.
It’s going to take a world of collaboration, openess and partnerships between companies, governments, and non-governmental organizations to be able to solve mega-issues such as fossil fuels dependency and feeding the planet, according to Jim Weigand, president of sustainable solutions at DuPont. Secondly, on March the fifth, the Polymer Science Park (PSP) in Zwolle, the Netherlands opened. It’s an open innovation centre founded by DSM, Wavin, universities and government to become the knowledge and innovation entity within the polymer and coating sector.
Industrial innovation processes are becoming more open. The large, vertically integrated R&D laboratory systems of the 20th century are giving way to more vertically disintegrated networks of innovation that connect numerous companies into ecosystems. Since innovation policy ultimately rests on the activities and initiatives of the private sector, it is vital that policy follows this evolution. Read more in the report from ESADE Business School in Barcelona and the Science|Business Innovation Board AISBL.
The World Intellectual Property Report 2011- The Changing Face of Innovation – a new WIPO publication – describes how ownership of intellectual property (IP) rights has become central to the strategies of innovating firms worldwide. With global demand for patents rising from 800,000 applications in the early 1980s to 1.8 million in 2009, the Report concludes that growing investments in innovation and the globalization of economic activities are key drivers of this trend.
Now that Accipiter has decided to create an open innovation community it’s time to iron out the details. The IT department has clear concerns about data privacy and security. Meanwhile, Marlowe narrows in on the community goals and making sure they map those goals to the selected software.
Global organisations are largely failing to understand the intellectual property (IP) risks facing their organisations and the value of their intangible assets, according to a worldwide report by Marsh and Liberty International Underwriters (LIU). In the 2011 Intellectual Property Survey Report, three-quarters of respondents were unable to quantify the proportion of their firms’ value that could be attributed to intangible assets or goodwill. This is despite almost 70% of firms identifying the protection of IP as a crucial incentive to innovation in their firms.
From Science to Business on effective firm–university partnerships is a new book on the university-enterprise arm of innovation. Karin Wall talks with author Dr. Georges Haour, Professor at the executive education institute IMD.
Universities and higher level research institutes need a better way of getting innovations into the market and that means taking risks earlier in negotiations. IP management systems designed for early disclosure could be the answer, argues Maxine Horn.
Securing good ideas through open innovation processes and crowdsourcing is spurring differentiation and growth for companies that get it right but is it also storing up a trust problem? The development of ideas in an open environment is driving some creatives away. Maxine Horn of Creative Barcode, lights up a road to ‘open protection’ and a richer ideas environment for the enterprise.
Creative Barcode™ – a digitally-encoded online IP protection system – has recently been introduced by a UK-based start up company. The barcode concept claims to safeguard knowledge-based creative concepts and propositions at the pre-commercialisation presentation stage.
In this in-depth article Jackie Hutter, top IP Strategist and counselor to innovation driven organizations, writes about how to improve the ROI of innovation outcomes by including patent expertise in the front end of the innovation process. The article also includes managerial implications and guidelines for including patent experts in the front end of the innovation process.
This week InnovationManagement spoke with Jackie Hutter, Chief Intellectual Property Strategist of The Hutter Group LLC about her perspective and experiences with innovation management. Learn more about how and when IP counseling should enter into the innovation process (if at all) and what exciting new technological projects are in the works.
