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A Presentation by Dr. Paul B. Germeraad, President, Intellectual Assets, Inc.
In this presentation, Dr. Germeraad discusses Intellectual Property (IP) in light of the premise that open innovation will speed and enhance new business development efforts. He focuses on design principles for IP ownership, and on the issues surrounding the ownership of jointly developed IP in different regions of the world. Dr. Germeraad also discusses global IP protection and an approach to IP infringement from a business (as opposed to a legal) perspective. The presenter also discusses (1) how to determine and negotiate which IP rights will belong to which party in an open innovation environment; (2) how to manage which innovations should occur in which regions of the world to best control IP ownership; (3) how to use foreign R&D labs to advantageously conduct R&D, test market new ideas, and secure IP rights without undo interference by other IP holders; (4) how to assess the open innovation business risk associated with various IP landscapes. Examples from leading corporations will be used to present different approaches to IP.
(17 Pages)
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