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AGENDA


  1. Open Innovation (OI)



         2. OI & IP



3. Appropriability Advantage



       4. Take-Aways
1. OPEN INNOVATION
KEY IDEAS
TWO MAIN IDEAS ABOUT OI


             1) Not all smart
             people work for me


              2) My company might
              not be the best to
              carry on a project
2. OPEN INNOVATION
& INTELLECTUAL PROPERTY
So, Henry: tell us…
                     is IP a concern?




© Courtesy of reportonbusiness.com
OI & IP: Why should we care




1. Open ≠ Free

2. Align Business Models

3. Rules of the game throughout an interaction,
   alliance, tech transfer
3. BUILDING CONDITIONS FOR
APPROPRIABILITY ADVANTAGE
WEST COAST vs. EAST
           COAST

APPROPRIABILITY




                  USER-LED
                  INNOVATION
Conditions for Appropriability


We define appropriability advantage as actors’ ability to outperform competitors
in terms of taking possession of and extracting value from knowledge and
technology for productive activities.

Alberto Di Minin
Dries Faems
THREE DIMENSIONS
DIMENSION 1. Managing tensions between
Technological Integration and IP Fragmentation

• New product development asks for the
  integration of many different technologies from
  different domains
• Firms engage in collaborative transactions with
  external partners to bring together the necessary
  technological assets and skills
• Dense web of overlapping IPRs –
  are becoming the norm instead of
  an exception
• Different actors use their IPR
  for different reasons
DIMENSION 2. Increasing Return on IP
               Investment

• The application, maintenance and
  enforcement of intellectual property also
  triggers substantial costs
• The legendary ‘Rembrandts in the attic’,
  waiting to be exploited for competitive
  advantage (rather than for profit)
• New tricks to extract more value
DIMENSION 3. Organizing IP Implementation

• Establishing routines to effectively implement IP-
  based strategies
• Bringing together of different business functions
  (i.e. technical, legal and managerial) in order to
  be on top of IP-related opportunities or to
  neutralize potential threats.
• Lack of consolidated guidelines
  regarding the positioning of
  IP responsibilities within firms’
  corporate structure
Appropriability Advantage: Open Innovation and Intellectual Property

4. TAKE THESE AWAY
© Courtesy Daily Telegraph
Appropriability is about
 Connecting the Dots

                    Strategic
                   Integration




    Integration                  Organizational
    of IP assets                  Integration
DO NOT MISS:
       CALIFORNIA MANAGEMENT REVIEW
    “SPECIAL ISSUE ON IP MANAGEMENT AND PRACTICES”
                     (SUMMER 2013)


                                      A. Di Minin & D. Faems (Eds.)



Appropriability Advantage: Open Innovation and Intellectual Property

THANK YOU FOR YOUR ATTENTION

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Intellectual Property in Open Innovation Times

  • 1.
  • 2.
  • 3. AGENDA 1. Open Innovation (OI) 2. OI & IP 3. Appropriability Advantage 4. Take-Aways
  • 5. TWO MAIN IDEAS ABOUT OI 1) Not all smart people work for me 2) My company might not be the best to carry on a project
  • 6. 2. OPEN INNOVATION & INTELLECTUAL PROPERTY
  • 7. So, Henry: tell us… is IP a concern? © Courtesy of reportonbusiness.com
  • 8. OI & IP: Why should we care 1. Open ≠ Free 2. Align Business Models 3. Rules of the game throughout an interaction, alliance, tech transfer
  • 9. 3. BUILDING CONDITIONS FOR APPROPRIABILITY ADVANTAGE
  • 10. WEST COAST vs. EAST COAST APPROPRIABILITY USER-LED INNOVATION
  • 11. Conditions for Appropriability We define appropriability advantage as actors’ ability to outperform competitors in terms of taking possession of and extracting value from knowledge and technology for productive activities. Alberto Di Minin Dries Faems
  • 13. DIMENSION 1. Managing tensions between Technological Integration and IP Fragmentation • New product development asks for the integration of many different technologies from different domains • Firms engage in collaborative transactions with external partners to bring together the necessary technological assets and skills • Dense web of overlapping IPRs – are becoming the norm instead of an exception • Different actors use their IPR for different reasons
  • 14. DIMENSION 2. Increasing Return on IP Investment • The application, maintenance and enforcement of intellectual property also triggers substantial costs • The legendary ‘Rembrandts in the attic’, waiting to be exploited for competitive advantage (rather than for profit) • New tricks to extract more value
  • 15. DIMENSION 3. Organizing IP Implementation • Establishing routines to effectively implement IP- based strategies • Bringing together of different business functions (i.e. technical, legal and managerial) in order to be on top of IP-related opportunities or to neutralize potential threats. • Lack of consolidated guidelines regarding the positioning of IP responsibilities within firms’ corporate structure
  • 16. Appropriability Advantage: Open Innovation and Intellectual Property 4. TAKE THESE AWAY
  • 17. © Courtesy Daily Telegraph
  • 18.
  • 19. Appropriability is about Connecting the Dots Strategic Integration Integration Organizational of IP assets Integration
  • 20. DO NOT MISS: CALIFORNIA MANAGEMENT REVIEW “SPECIAL ISSUE ON IP MANAGEMENT AND PRACTICES” (SUMMER 2013) A. Di Minin & D. Faems (Eds.) Appropriability Advantage: Open Innovation and Intellectual Property THANK YOU FOR YOUR ATTENTION