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The Economics of Innovation

Innovation is the primary driver in each of the sectors that impact our lives - the economy, health, energy and security. The problem is that today, roughly 4 percent more IP is stolen than gets licensed; this theft amounts to $1 trillion p.a. in the U.S. alone. Meanwhile, 30 percent of all R&D is wasted reinventing what someone else has already discovered. While there is very little management of IP (less than 5 percent of organizations use any kind of IP management tool), there is even less agreement on the best practices for managing IP. In this session, we'll discuss best practices - gleaned from several hundred professionals in the field - and how performance improvements can be made in universities.

September 11, 2018

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