Open innovation is clearly taking root in just about every industry, as organizations strive to create openness in their innovation and business processes. We see companies increasing their ability to leverage internal and external solutions yet struggle with building the right processes and tools to extract maximum value from the new solutions. (See NineSigma’s new OI Scorecard Survey Report for more information). Among the factors that can make or break an open innovation program is intellectual property. We have come to realize in working with our clients and solution providers, collaborators can enjoy all of the benefits that open innovation has to offer only if they understand the issues associated with intellectual property (IP).
To read the full, original article click on this link: Strategy for Managing Intellectual Property in Open Innovation: Part 1
