Thursday, June 23, 2011

Tapping new revenue opportunities with IP management software

By 2014, two-thirds of Fortune 500 enterprises will design open innovation networks to engage employees, customers, business partners and Web communities, according to a February 2011 study by Gartner Inc. titled Use Innovation Network Design to Unleash Open Innovation. Cross-enterprise teams will require that their respective companies’ intellectual property (IP) is readily accessible on an as-needed, confidential basis. As a consequence, access to royalty and licensing structures and forecast models will be needed to make sound financial decisions.

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