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When Is Less Invention More or Less Innovation?

Greg Daines · June 19, 2008
I wanted to follow-up on the theme of my last posting by asking: when is less invention more or less innovation? One of the things that I referred to was the company 37 Signals. As you probably know, there has been a terrific debate about 37 Signals and their widely-publicized [...]
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Do Customers Make You More or Less Innovative?

Greg Daines · June 17, 2008
This spring I had the pleasure of lecturing at MIT in two different courses on innovation – both taught by the always fascinating Eric Von Hippel. The first was to a group of MBA students and Sloan Fellows at the MIT Sloan School of Management as part of a [...]
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Top 5 Ways To Fail With IP Management Software

Greg Daines · June 9, 2008
I have been working on a couple of software projects recently, and I have been reminded once again why IP management software implementations so often fail. So, I have come up with five (facetious) things any organization can do to doom its new IP management software to failure. 1. Hold-on to the past Redesign your [...]
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IP Strategy Scopes

Greg Daines · May 26, 2008
Managers tend to misunderstand the difference between what kinds of value patents can create (practice, license, litigate, and deter), and the kinds of business models and strategies that they can be used to support. In a previous post, I said that this is the difference between motivations and modes. In a recent Read Full Article →

IP Value vs. IP Strategy

Greg Daines · May 22, 2008
In a previous post, I outlined four ways that patents create value for their owners. I realize that this can be confusing, because patents have become integral to so many different business models and strategies. In fact, there has been such a profusion of IP/patent strategies and schemes and a so many flavors [...]
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NEW: Ideanomics Dashboard

Greg Daines · May 20, 2008
I have just added the new Ideanomics Dashboard which is an interactive anlytical tool for exploring the relationships between the traditional economy and the idea-economy. Thanks to Google the whole thing animates and you can even sit back and watch the movie if you want. Please take a look and offer any [...]
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Innovation: the ‘Dark Matter’ of Economics

Greg Daines · May 20, 2008
I am fascinated by the idea of “Dark Matter”, a substance which is invisible but is thought to constitute the vast majority of mass in the universe. It cannot be measured directly, but its presence can be inferred by the gravitational effects it exerts on everything around [...]
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Four Kinds of Patent Value

Greg Daines · May 19, 2008
Patents create value for their owners in a variety of different ways. One of the biggest problems with nearly all patent valuation techniques is a failure to be explicit about what kind of value they are attempting to measure. It is essential to have an accurate model of value types in order to identify the [...]
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If You Can’t Measure IP, You Can’t Manage IP (3)

Greg Daines · May 19, 2008
NOTE: This is the third and final part of a three-part series. (Part 1 | Part 2) In order to understand what information we need to observe to derive useful market pricing information for patents, we need to have a basic understanding of the ways that patents create value. Only then can we [...]
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Measuring The Global IP Market

Greg Daines · May 18, 2008
In a previous post, I argued that there are a lot of examples where aggregate market data are useful despite the fact that they often obscure a lot of pricing variability associated with heterogeneous products. In other words, market prices are averages of aggregated data that actually obscure a lot of pricing variation. [...]
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