I had the pleasure of interviewing Liz Ward, Principle of Virtuoso Legal, a boutique IP firm. If there’s any law firm that understands the holistic view and strategic use of intellectual property, it’s them. Although Virtuoso is a small boutique IP firm, they have outcompeted large magic circle firms by wining second place for ‘IP team of the year’ at The Lawyer Magazine Awards 2017.
A quote often misattributed to Charles Darwin goes something like, “It is not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.”
It's no secret that R&D and innovation teams are being squeezed harder—as explained in our article on the benefits of R&D collaboration, productivity stats aren't exactly eye-watering.
Last week, I had the pleasure of interviewing Mitch Ditkoff, an innovation culture consultant who has worked with GE`s Crotonville Management Development Center, Fuqua School of Business and several Fortune 500 companies.
R&D budgets are large, with some of the top R&D intensive companies spending $680 billion (£536 billion) in 2016. Yet a recent report by Forbes revealed that most product launches fail at 80% and only 4% get a return on investment. How can companies succeed with R&D projects when the odds are stacked against them?
Research has shown that one surprisingly simple strategy can reduce the failure rate of R&D. What's the secret? Improve collaboration.
Collaboration is key because it enables sharing of information at the early stages of a project. This helps teams communicate which projects to focus on rather than spending time and resources focusing on different objectives.
Although PatSnap started as a tool based on patent data, it now solves problems beyond the world of intellectual property (IP)—using data sets beyond the realm of patents.
Welcome back to PatSnap Weekly. This week there have been significant advancements in IP, with a new ruling by the US Supreme Court in Lexmark International v Impression Products. Elsewhere, the world's largest plane has been revealed, with a wingspan larger than a football field.
If there’s one person who knows about software innovation and the patenting of such innovation, it’s Hussein Kanji.