Intellectual Property: A Prime Financial Asset
In this article in the Ottawa Business Journal, Francis Moran and Leo Valiquette note that while the hot trend of buying and selling unused IP may be a recent phenomenon, levering it as a resource for new company creation is not. Both are fundamental to the concept of open innovation. In a world of widely distributed knowledge, companies can’t afford to rely entirely on their own research, nor can they afford to let internal innovations sit idle. They have to open their doors to let innovation in and out.
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