article thumbnail

Big vs. Small: The IP Irony

Anaqua

However, there are a number of excellent software solutions available now which provide IP cost estimates and enable users to benchmark what they are paying against a fair market average. Whatever form that review process takes, good communication and keeping an open mind are essential. Quality of leadership.

article thumbnail

Understanding innovation's past leads to incredible insight

Jeffrey Phillips

Innovation during this time was focused on technology - especially weaponry. The 1960s through the 1990s were boom years (discounting the Oil embargo) mostly due to dividends we reaped from the investments in technology and the space race. GM for a long time was profitable not because it built cars but because it financed them.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Six Internal Innovation Sources You should know

ITONICS

A good example is the case of Toyota, where the leadership encourages innovation by eliminating some of the pressure for short-run returns. Toyota’s decade-long investment in its brand Prius eventually resulted in creating a reputation for the company as a respected product innovator. Centralized R&D Unit.

article thumbnail

6 Internal Sources of Innovation

ITONICS

A good example is the case of Toyota, where the leadership encourages innovation by eliminating some of the pressure for short-run returns. Toyota’s decade-long investment in its brand Prius eventually resulted in creating a reputation for the company as a respected product innovator. Centralized R&D Unit.

article thumbnail

Improvement vs Innovation: Which Is Better For your Business?

Qmarkets

The three main types of innovation are product innovation, process innovation, and business model innovation. Product Innovation. Product innovation is the development of new products. Product innovation isn’t limited to software. Process Innovation.