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Fail to Monitor IP (no. 34 in our list of IP mistakes)
Einstein said: “life is like riding a bicycle. To keep your balance you must keep moving.” Similarly, with businesses and business strategy. A business that does not move forward will lose its balance...
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Fail to think globally (no. 12 in our list of IP mistakes)
During the past decades, many of the regulatory and technical barriers to international market entry have been all but erased. This has made it easier for companies to expand their operations abroad,...
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Focus
You do your best work when you can sit down quietly and focus on the task at hand. It’s the same with IP strategy of course. You need to focus your attention, highly tune it to the situation before...
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Litigate to Avoid Litigation
I spent time at the LES World IP Day celebration on April 26. It had lots of interesting discussions. Toward the end, when I was about to leave – it had gone a bit longer than scheduled – and just as...
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Driving value
Throughout some of my recent discussion with different companies and indeed one of the reoccurring themes since I have a started studying and working in the IP field is how to guide the organization...
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Make the most out of what you have
Monetary concerns are some of the most common issues out there for IP managers. These concerns stream from limited budgets and the need to balance those limited budgets with comprehensive global...
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Warp Speed – I’m Giving it All She’s Got
Even in the midst of drafting this blog post my To Do list seems to be winning its race with me. It’s a dual metric race, because I have to balance speed with precision to catch up, more like driving...
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Fail to Lead (No. 50 in our list of IP mistakes)
Over the weekend I collected and read all the posts that I have written in my two years with Think IP Strategy straight through to pick out the common threads. In doing so one element popped out at...
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Focus on the lesser value in licensing (No. 48 in our list of IP mistakes)
This is an interesting mistake because you can find yourself doing the right thing while emphasizing the wrong thing. It is certainly not a mistake to pursue licensing and monetary value from your IP...
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Ships-Of-The-Line
There is no doubt that CEOs are gaining a greater perspective on IP. There is also no doubt that the key question a CEO will want to know about IP is whether his enterprise has a patent or trademark...
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Patenting patent processes
How do you protect your IP Processes? More importantly, have you ever done a freedom to operate clearance on them? To kick off this short series of posts, here are a few insights on some of the top...
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