How The US Patent System Crushes Innovation

March 20, 2008 · Filed Under Brand, Branding, Business, Business Model, Creativity, Featured, Innovation · Comment 

Forbes Magazine recently interviewed Michael Meurer and James Besson, authors of Patent Failure: How Judges, Bureaucrats and Lawyers Put Innovators at Risk, a massive study on the costs and benefits of holding patents. Their chilling conclusion:

Meurer and Bessen concluded that in every industry, except pharmaceuticals and biotech, publicly traded companies spend more money litigating to protect existing patents and paying fees to the U.S. Patent and Trademark Office than they earn from the same patents. (Bessen and Meurer evaluated patents issued by all publicly traded companies between 1984 and 1999.)

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The Secret To Innovation Effectiveness Is…

Buried in this Fast Company article on design wunderkind Fuseproject is this intensely interesting factoid:

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7 Levels Of Change (Part 4 of 9) - Level 3: Improving

The fourth in a nine-part series on Rolf Smith’s 7 Levels of Change, I introduce the third level of change - Improving (Doing Things Better).

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They Laughed When I Told Them Who My Only Competitor Was - Until I Showed Them Who THEIR’S Was!

Who is your only competitor? According to Tom Peters, that would be

…YOURSELF.

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Innovation at Google Part II: Creative Chaos

Last time I talked about what I think Google’s ultimate goal is for the open wireless spectrum. Today let’s look at the rest of the Douglas Merrill video :

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IDEO’s Ten Faces Of Innovation

Finally, a book that connects innovation with personality and creative style.  Tom Kelley of IDEO describes in great detail the different types of people it takes to staff an innovative organization.  This describes each of the ten types in great detail.  Which are you?  I share traits of both “Collaborator” and “Cross-Pollenator.” 

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