Welcome!

Log Management Authors: Dana Gardner, Pat Romanski, Elizabeth White, David H Deans, Carmen Gonzalez

Blog Feed Post

Worldwide consortium of companies highlights the benefits of Intellectual Property

Brussels, 26 April 2012: Ideas Matter, a newly-formed group of enterprises, SMEs and trade associations, dedicated to demonstrating the benefits of intellectual property (IP) for our work and daily lives, launches today, on World IP day. In today's knowledge-based economy, companies and individuals across the globe increasingly depend on IP to help them fulfill their passions and achieve their goals. For many individuals, IP spurs creativity and rewards innovation. Companies that rely on IP are boosting today's economies by creating jobs, growing GDP, driving innovation and inspiring the next generation of entrepreneurs. For companies both large and small, IP is the bridge that connects innovation with economic growth and societal benefits.

Innovations that are protected by IP are worth on average between 180 - 240% more than those that aren't protected[1]. Companies that protect their innovations can also significantly increase their market valuation, turnover, investment and employee growth.

Ideas Matter was formed by organisations across a wide range of sectors including: DSM, International Chamber of Commerce, International Trademark Association, Lundbeck, Microsoft, NBC-Universal, NL Octrooicentrum, Philips, SAP and Technicolor amongst others.* Intellectual property is sometimes portrayed only as a complex and specialised legal matter. By emphasizing the benefits that IP offers, Ideas Matter aims to raise awareness of how businesses, individuals, economies and society as a whole benefit from patents, trademarks, design rights, copyrights and other forms of IP.

What companies are saying about IP
Speaking about the fundamental role IP plays in his company's phenomenal success, Philippe Lacoste, Member of the Lacoste Board explains: "IP is paramount for the success of any company. For Lacoste, IP has always played a vital role in our business. It enables us to foster creativity and innovation and protects not only the brand and its designs but also the memory of my grandfather Jean René Lacoste, the tennis legend, inventor of the polo shirt and founder of Lacoste."

Discussing the importance of IP to his inventions, Trevor Baylis OBE, Inventor of the wind-up radio, adds: "As an inventor, you simply cannot disclose your ideas unless you're protected. Generating ideas is a fundamental part of my work, so IP protection is an absolute prerequisite. Additionally, by trademarking my inventions their market value becomes measurably higher."

Ruud Peters, Chief Intellectual Property Officer, Philips states: "So many of the technologies that society needs for the future - from the increased need for healthcare to clean energy - will need major R&D investments and returns that IP alone can provide. IP protection also enables open innovation, where ideas and technologies can be exchanged between companies, universities and research institutes. At Ideas Matter we firmly believe that IP has a strong significance for companies as a clear business asset, for economies to boost the knowledge economy and job growth, and for real people both in their work and everyday lives."

Kelvin Kirby, CEO of Technology Associates International, explains the impact IP has had on his business: "IP is an integral part of our organisation's DNA for two reasons: firstly to protect our branding and brand reputation and secondly to safeguard our software solutions." He added: "Our patents have also helped us avoid some unfair free riding from other market players."

On starting up her innovative vertical garden business, Claude Lester, owner of Vertigro, adds: "I spent a lot of time, energy and money prototyping my product. I looked into different kinds of IP protection and settled on trademark and design registrations in the UK and Europe as the best ways of supporting my business. As a result, my market value has increased significantly."

IP promotes innovation and healthy economies
According to the World Intellectual Property Organisation (WIPO), the ever-increasing body of public knowledge from existing patent information promotes further creativity and innovation in others. Subsequently, patents not only provide protection for the owner but also valuable information and inspiration for future generations of researchers, inventors and entrepreneurs.

IP-intensive sectors, such as aeronautics, automotive, chemical, technology, manufacturing and pharmaceutical amongst others, are substantial contributors to national economies and represent 7.8% of GDP in the UK. Brand manufacturing specifically accounts for approximately 14% of GDP in the UK[2], 7% in Germany and 6.8% in Spain[3]. Copyright-based sectors e.g. books, films, broadcasting, music, photography and software creates 4-11% of GDP in Europe and other G8 countries[4].

"Ideas really do matter. Ideas bring about change and transformation in society and in the economy. How do we bring about ideas? That's the role of intellectual property," said Francis Gurry, Director General of the WIPO. "Ideas Matter is a great initiative. I very much welcome it, and I very much welcome the desire of its initiators to promote a discussion and an understanding of why ideas are important and why it is important to stimulate ideas."

Please visit www.ideasmatter.com to learn more about how IP stimulates business growth. Download videos from a variety of individuals to hear how IP has provided them with significant business advantage. Access the latest facts and figures to understand why all Ideas Matter.

Please follow our conversations on twitter #ideasmatter and visit our YouTube Channel at http://www.youtube.com/user/IdeasMatterOfficial

-ENDS-

Media contact:
Henrietta Mackenzie, Waggener Edstrom (on behalf of Ideas Matter)
+44 (0) 7970002109
[email protected]

About Ideas Matter
Ideas Matter is a consortium of cross-sector enterprises, small and medium-sized businesses and trade associations that aims to expand awareness and promote the benefits of intellectual property (IP). We firmly believe that IP—and the ideas that lie underneath them—is important to the economy, important to society, and important to companies both large and small. In other words, Ideas Matter.

* The members of Ideas Matter include DSM, Humandata, IIPTC, the International Trademark Association (INTA), Lundbeck, Microsoft, NBC-Universal, NL Octrooicentrum (the Dutch Patent Office), Octrooifabriek, Philips, Progress Ltd., SAP, Technicolor, Technology Associates, Unitech, Union des Fabricants, Waggener Edstrom, and the International Chamber of Commerce's BASCAP initiative, which represents additional companies across a wide variety of sectors, including BAT, Chanel, Cisco Systems, Daimler, Diageo, Eli Lilly, Hewlett Packard, JTI, Lacoste, Nestlé, Nokia, Pfizer, Philip Morris, Procter & Gamble, Unilever, Universal Music.

[1] Arora
[2] Raymond
[3] McKenzie 2007, ESADE 2010, ACT 2009
[4] World Intellectual Property Organisation (WIPO)

www.ideasmatter.com

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

@ThingsExpo Stories
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
In his session at Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to maximize project result...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abilit...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settl...
In his session at @ThingsExpo, Dr. Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, presented the findings of a series of six detailed case studies of how large corporations are implementing IoT. The session explored how IoT has improved their economic performance, had major impacts on business models and resulted in impressive ROIs. The companies covered span manufacturing and services firms. He also explored servicification, how manufacturing firms shift from se...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
"We view the cloud not as a specific technology but as a way of doing business and that way of doing business is transforming the way software, infrastructure and services are being delivered to business," explained Matthew Rosen, CEO and Director at Fusion, in this SYS-CON.tv interview at 18th Cloud Expo (http://www.CloudComputingExpo.com), held June 7-9 at the Javits Center in New York City, NY.
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...