[Presentation] here is a presentation that will summarise your strategic options for your innovation idea & intellectual property (IP)
How to manage you innovation knowledge
One of the most important thing innovators need to decide upon is how to manage their innovation related intellectual property. Most people assume they have to keep things secret and front-run competition.
At the very least check out the Android example below to learn from Google (owner of Android) masterful intellectual property management. They have made great decisions on which parts to fully publicly share in order to catch-up on Apple iOS' lead and leave them well behind (in terms of install base), how to collaborate with industry incumbents and which parts to keep secret to not lose control of the technnology trajectory.
Android is a fascinating example of the power of collaborative IP management strategies. Check out and download the presentation that shows you your 5 strategic IP management options and how Android’s massive success is a case for the 3 collaborative strategies.
Android is on 1.3 billion smartphones and that before Google (Android owner) had produced any phone themselves. Behind the curtain lies the probably best IP management strategy of the past decade… learn from Google’s mastery
“All too often, the managers of a firm holding an IP right assume that the best way of using it is to suppress competition—in other words, to prevent potential rivals from offering customers an identical or similar product or service. … Although this is indeed a potential strategy, it is by no means the only option available. In fact, in our experience many managers overestimate the desirability of this option.” William Fisher, Professor of intellectual property law. Learn how the right strategic choice can amplify the power of your innovation IP
Many innovators believe implicitly that they will always reap the rewards of their innovation ideas and the associated intellectual property (IP). But just because you are the inventor, this does not mean others will let you take the profits of your work easily. Competitors, suppliers and the customers will all try to get a share of the enabled benefits. Learn the fundamentals of IP management to make the right strategic decisions and reap the benefits of you innovation and intellectual property (IP).