More Alternative ADR Practices: Preventing Patent Shark Attacks
If your company's business revenue depends to any degree upon its valuable patent portfolio head on over to the Harvard Business Review website and read "Patent Sharks" by Joachim Henkel and Markus Reitzig.
Henkel and Reitzig make the following recommendations to help companies avoid patent shark attacks:
- Move away from amassing huge patent portfolios for cross-licensing with competitors
- Simplify standards and create more-modular designs
- cooperate with competitors early in the R&D process
- Foster interdepartmental and intercompany cooperation
- Stop flooding patent offices with insignificant inventions.
For the full article, click here.
Both videos -- JAWS in 60, 30 and 15 seconds are for your summer viewing enjoyment.
