Starting your own business can be an exciting but challenging endeavor. Even for those experienced in management, entrepreneurship can be daunting. With unexpected obstacles that constantly crop up, you need to protect your business from day one if you wish to succeed. Here are some essential tips for safeguarding your startup:
Innovation is crucial for our society. Technological developments in every area of life have completely transformed the way that we communicate, travel, work, eat, and so much more. Without realizing it, we count on inventors like Steve Jobs and Elon Musk to improve and transform our daily lives. What we also don’t realize is that one of the driving forces behind innovation is intellectual property (IP) protection.
Lots of industries care about intellectual property and proprietary information, but perhaps none more so than the automotive industry where product development is seen as the competitive edge.
Systems security is one of the top five concerns for business executives this year. In the past two years, we’ve had some very troubling and very public data breaches of systems that we use every day. So it’s no wonder that the government (and other sectors) are prioritizing security for cloud software this year. But why are they doing it? Well, there are four key reasons that security matters for innovation management systems in particular:
Before any organization can reap the economic benefits of open innovation, it must overcome a number of legal, operational and cultural challenges. In this article Peter von Dyck addresses the top three obstacles to open innovation: managing intellectual property issues and other legal risks, processing ideas quickly and establishing an efficient internal structure.
For all Departments: How can IP help HR, R&D, Sales & Marketing, Production, Finance & Purchase, CEO or Owner?
The patent database, with its 69 million documents is one of the richest resources of knowledge worldwide. The real key to its application is the refined ways to distil the relevant information. This article will highlight novel patent research, and its relevance for each department of a typical company.
Over the last 5 years, Open Innovation has been evolving quite a lot in the ways it can be defined and implemented. Rather than proposing one more definition or describe one specific way to approach it, here is a set of trends I foresee based on the numbers of projects I have been involved in and the evolution of needs from organizations, would they be major corporations, SMEs or Public Services.
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.
Universities can now access a new tool to help develop and manage their intellectual assets. The Intellectual Property Office (IPO) has a new strategy guide called 'Intellectual Asset Management for Universities’. This new guide provides advice and information to universities to help them understand how they can best use their institution's Intellectual Property. This can be an invention, trade mark, original design or the application of a good idea.
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.
Can non-industry specific IP funds help to push the innovation envelope? Can we bridge the gap between industries and geographies to provide a systematic breeding place for forward-thinking inventions? Gunjan Bhardwaj explores.
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.
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.
The theme headlined, often abbreviated IPR, could provide almost unlimited contents, so my essay will necessarily just attempt to indicate some interesting resources in a field not without controversy.
In today’s “knowledge-based” society, it is becoming increasingly imperative for companies to “mine” knowledge and technology generated by universities. Why? Because the outcome of such industry-university collaborations help companies create new activities and jobs.