Innovation, Patent and Profit Roadmap

-
New innovation is a cost to the companies and it is essential to use and protect is property to gain competitive and technical advantage. Following are few important point helping in making a better strategic business decision to gain market competency.

  • Invest for immediate product development.
  • Fund R&D proposals with high impact.
  • Strengthen an existing technology.
  • Find IP holes & surprise new products.
  • Estimate competitor's intentions.
  • Identify synergies in potential partners.
  • Place a "value" on licensed technology.
  • Position a technology for out-licensing.
  • Objectively assess the IP risks
  • File to "fence in" an important area.

Comments

Post a Comment

Popular posts from this blog

KMX Pharma Production Explorer

-
All pharmaceutical companies have to operate in accordance with FDA regulations. Recently the FDA has issued guidelines that determine quality control standards for the pharmaceutical production process. For these companies this implies that they will have to measure every important parameter within their production process in order to control and optimize it. Oracle technology in combination with KMX provided a valuable insight in the production process. By applying data mining, generating all possible models from the data and analyzing all relationships between the models. Further optimization of the thus generated models provided not only better quality control of the production process, as required by the FDA, but also greatly improved production planning and saved production costs.
Read more

Building the Business Case for Innovation

-
Innovation has transitioned from a “nice to have” to a top priority for most companies because innovation drives organic growth. Like other business processes, innovation can be managed to achieve results. Unlike other business processes, innovation requires introducing risk, embracing failure, and doing things that are counter to most efficiency driving processes. Building a business case for innovation requires addressing these and other differences based on how innovation will be implemented within the organization. Specifying the approach, the impact on everyone in the organization, and the means by which innovation will occur in an organization drives the business case and increases the likelihood of success.... more
Read more

Free Courses from Massachusetts Institute of Technology (MIT)

-
1. Patents, Copyrights, and the Law of Intellectual Property 2. Managing the Innovation Process 3. Managing Innovation: Emerging Trends 4. New Global Agenda: Exploring 21st Century Challenges through Innovations in Information Technologies 5. Technology Strategy 6. Introduction to the History of Technology 7. Innovative Businesses and Breakthrough Technologies - The Legal Issues 8. Inventions and Patents There are other Management courses from Sloan School of Management (MIT)
Read more