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
