GE’s Open Innovation Strategy in Canada
The Intellectual Asset Management website reported that GE Licensing has announced a pilot program that will see it make GE-developed IP available for use by entrepreneurs and small businesses in the Canadian province of Alberta. GE has established a strong presence in Alberta’s oil and gas sector since signing a Memorandum of Understanding with the local government in 2010. The new pilot appears to be an extension of the company’s policy of open innovation. Perhaps other big patent owners would do well to follow GE’s lead and put their stockpiled assets to better use.
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