Insights for IP Strategy - Poland Oct 2014

2014 STEM Educator Academy

Insights in IP Strategy

Dipanjan (DJ) Nag, Ph.D., MBA, CLP, RTTPPresident and CEO, IP Shakti, LLCAdjunct Faculty, Rutgers UniversityVisiting Professor, Shizuoka University

Moving from Manufacturing to Knowledge Economy

Li Keqiang Premier of China said that “China's economy is at a critical stage of moving from middle and high speed growth to middle and high-end level, whilst innovation plays the supporting role. Chinese government have placed the innovation-driven at a more prominent position, increasingly strengthened technological and institutional innovation, untied entrepreneurs and market players by streamline administration and institute decentralization, and inspired the innovational creativity of the whole society.”

Adopting Open Innovation

Creating a Public – Private partnership that is build on

- Trust

- Sharing

- Bayh-Dole worked!

Most pharmaceutical innovations are based on university innovation

Most ecosystems have focal point on Universities

- MIT/Harvard

- Standford

- A-Star

Platforms for Open Innovation and Collaboration

Innocentive model

NineSigma model

Patent evaluation models

- USPTO collaboration

- Article One partners

Manufacturing vs. Innovation

IBM licenses its Intellectual Property with a 90%+ EBITDA!

- Gross revenues of >$1B

Do you want to be in manufacturing?

Is your innovations ecosystem well supported?

Policies for sharing

- Incentives work

- The “millionaire graduate student”

Is Poland ready?

Large population of highly educated work force

Rich tradition of R&D

Rich tradition of manufacturing

Building “innovation ecosystems”

- Needs to have technology focus

Building an Innovation Based Economy

Entrepreneurship

Public Private Partnership

Policy and protection

Google Model for Innovation

- Continuous improvement in infrastructure – reduced heat in datacenters

- Radical innovations such as Google glass and driverless cars

- Provides 20% Bench-time

Google was innovating but not owning a lot of patents

- IBM has >70,000 patents

- Acquisition of large portfolios of IP - Motorola Mobility

- More of a defensive strategy for IP

Tesla Model for Open Innovation

Encouraging others to adopt a standard

- Helps Tesla in a big way

- They want to be perceived as a leader in innovation for alternative energy

- FRAND / RAND licensing

Startups – The Valley of Death

Valley of Death

Key Take Aways

Role of the Government

- The government has to step in with programs to promote IP protection

- Highest risk investment are typically made by the government

- Supporting startups

Role of private sector

- Creating long lasting relationship with universities

- Building products which are more based on innovation

- Moving away from low margin manufacturing

Key Take Aways

Role of University

- Focusing on translational research

- Building / relying on technology commercialization

- Continue to build on basic research competencies