MANAGEMENT
openipr-whitepaper.pdf

Functions that should actually support these

Info icon This preview shows pages 4–6. Sign up to view the full content.

functions, that should actually support these megatrends and transition from traditional innovation ecosystem model to innovation via startups ecosystem model. Where most of the IPR release processes and format are still based on the old models in both, when releasing to corporations or to new ventures (ie startups). In case of releasing to startups, is due the release models and agreements are based on the traditional venture building model where Venture
Image of page 4

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

From Technology Transfer To Open IPR Capital funding and their needs are the ultimate driver for the terms of the IPR release models and agreements. However, since the traditional venture building and funding models themselves are already proven to not be sufficient and scalable enough for the growing needs of new ventures, being validated by all the new models being created to fix this problems along with big major focus by governments to focus on improving their innovation output and related processes, with various new programs and instruments ­ more radical and new approaches need to be designed, implemented and tested at the research & IPR release models, processes and agreements as well. In addition to other reasons, it’s also a known, that those people who actually do and are most interested on the research part of the overall innovation process, are usually not the most motivated or potential people to become the entrepreneurs in form of new startup venture or being the commercialization experts in the large companies, also validating that new “IPR transfer” based models are required. Some statistics From statistical point of view a big majority of the research based IPR with innovation potential, that already have significant financial and labor time investment in them is not reaching the most relevant and active innovators (startups) and remain almost completely unused or tested for their innovation potential (some claim even as much as 95%), while at the same time also the small part of IPR that are released to validation that is mainly closed, highly protected and locked from other use ­ in some cases for very long time. It’s not uncommon that from research where IPR transfer is done, it’s only done for few potential innovation tracks or in worst case just on a single one where the acquirer of the rights could even want to try prevent from new competitive innovation from emerging. Mainly due the traditional models have been designed based on the understandable needs of the venture capital model or large corporation business interests to protect their investment made to acquire the IPR’s. Also a big portion of these released IPR’s also fail in the market validation, due the nature of high risks of innovation in general, regardless of the channels used (corporate, startups or public sector). Where the average failure rate can be as high as 2/3.
Image of page 5
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.
  • Spring '15
  • Business Law, Tour de Georgia, SME, share., IPR, traditional venture capital

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern