Boston, MA USA, 15 June 2009 — Intellectual property consultancy yet2.com announced today a new practice for anonymous patent acquisition on behalf of its clients. The practice was developed and refined quietly over the past four years by yet2.com personnel. The company specializes in finding and placing technologies for Open Innovation activities in companies around the world. Its client base consists of about half the Global 1000, in addition to thousands of smaller organizations.
Things I learned in Maine (part 2)
June 12, 2009Okay, so we have the need for Open Innovation on steroids. Then what? To make all this partnering and IP sharing work, there will be more IP transactions as these rights are aggregated, bought, and sold. The IP transaction landscape has seen a lot of changes lately. It was red hot — but it cooled off in Q1 and Q2 of ‘09…I believe it will heat up by Q1 of 2010. Here are some of the areas where we see lots of market pull — that is, big players interested in buying.
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Things I learned in Maine (part 1)…
June 9, 2009yet2.com’s leadership team gathered for the 8th consecutive year at a beautiful retreat at the foot of Maine’s Casco Bay, the bay dotted with islands gouged by glaciers that moved a lot slower than today’s economy does.
Under a blue sky that only Maine can provide, we tossed around observations on trends in Open Innovation and IP Licensing, and got a chance to blow off some steam — Frisbee and basketball — and at least one of us suffered a humiliating defeat at chess (ahem). Although we are a small company, we have offices in Liverpool, Tokyo, Boston, and Wilmington, Delaware, so gathering everyone together in the same time zone is no small feat.
I particularly enjoy these events because I enjoy the company of my colleagues and I enjoy Maine; but meetings such as these are even more important because the world of Open Innovation and Patent Licensing is changing rapidly. In part, that’s driven by a natural business evolution — let’s call it “survival of the fittest idea” — but even that process is accelerated by the recent worldwide economic turmoil. Like Open Innovation itself, meetings of peers can’t help but generate new ideas and point out new ways of looking at things. (More about meetings in later posts.)
There is a lot of value to be created by spotting trends early and moving fast.
Here is one thing that I learned from our discussions:
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It’s all relative…
June 9, 2009I once heard a story about Albert Einstein, the man who devised the Theory of Relativity. He was an active socializer, and one night it seems, he was at a party at Princeton and spotted another guest writing something down in a little notebook. Einstein went up to the man.
“What are you doing?” he asked.
The man explained that he was a writer. “When I get a good idea, I take out my notebook and pen, and jot it down so that I won’t forget it.”
For several moments, Einstein stood silent, nodding and contemplating. Finally, he said, “You must be a very intelligent man. I don’t believe I’ve had more than one or two good ideas in my life.”
This blog is a little bit like that notebook. So, Albert — if you’re out there and reading – go easy on my good ideas, please.