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4 - Implementation

Published online by Cambridge University Press:  06 August 2009

Steven J. Frank
Affiliation:
Goodwin Proctor, LLP
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Summary

Genius is 1% inspiration and 99% perspiration.

Thomas Alva Edison

Substitute business success for genius and this familiar aphorism applies with even greater force. When it comes to IP, the strategizing part is the 1% and the rest is implementation. But, after a seemingly sensible strategy has been put into place, corporate grandees may be tempted to pat themselves on the back and bow out, leaving the details to trusted vassals. It is not overstating matters to say this will probably doom the strategy – not only because 99% of the journey lies ahead, but because only through implementation can the strategy itself become refined and respond to ever-changing business circumstances.

Dialog is the current that drives this feedback loop. Central to effective decision-making in any enterprise, dialog means engagement rather than one group listening to its own voice. All key constituencies – upper management, marketing, and technical – must participate. In ways that make sense, of course: upper management need not get mired in the minutiae, nor should the hands-on IP administrators make all the decisions. How to tether the different players together and orchestrate their efforts into an integrated process is what implementation, and this chapter, are all about.

case study #3: Few look forward to a trip to the dentist, and it's the special masochist who relishes a root canal. Mouthscape Corp. has a new system that can model a tooth and produce a crown, cap, or filling immediately, while the patient waits. It won't alter the basic procedure, but at least spares the patient the agony of a return trip.[…]

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Chapter
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Intellectual Property for Managers and Investors
A Guide to Evaluating, Protecting and Exploiting IP
, pp. 70 - 98
Publisher: Cambridge University Press
Print publication year: 2006

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  • Implementation
  • Steven J. Frank
  • Book: Intellectual Property for Managers and Investors
  • Online publication: 06 August 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511541209.005
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  • Implementation
  • Steven J. Frank
  • Book: Intellectual Property for Managers and Investors
  • Online publication: 06 August 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511541209.005
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Implementation
  • Steven J. Frank
  • Book: Intellectual Property for Managers and Investors
  • Online publication: 06 August 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511541209.005
Available formats
×