Post details: Making Innovation Pay

Making Innovation Pay

Posted by Jay on October 4th, 2006

I have been reading a new book, Making Innovation Pay: People Who Turn IP into Shareholder Value, edited by Bruce Berman (John Wiley & Sons 2006), that is both informative and insightful. This edited compendium contains eleven chapters featuring easy-to-read contributions by Bruce Berman, Marshall Phelps, Daniel McCurdy, Peter Detkin, James Malackowski, Ray Niro, Bruce Lehman and Ron Schutz among others. The book is laid out well, and it is a breezy read. Although the target audience is senior executives and managers in the world of business, the book is a very good collection for anyone interested in intellectual property.

The contributors are carefully chosen to provide a wide variety of perspectives topics such as IP management, protecting IP assets, capitalizing on one's patent portfolio, effective corporate patent strategies, the fiduciary obligations of management related to IP, the costs and risks associated with patent enforcement, the uneven playing field for small companies and individual inventors, the quality and uncertainty in patent examination including the lack of international harmonization of patent prosecution rules and examination, and the associated need for reform. Worth the time, money and effort.

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