igniting creativity for business value (dec 8 2015)
TRANSCRIPT
Igniting Creativity for Business Value
Dr. Kalyan C. KankanalaDecember 8, 2015
Mahindra Two Wheelers
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IP and Business
♦Exclusivity♦Business/Competitive Value♦Licensing♦Marketing/Business
Development♦Financial Value
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Forms of IP
♦Patents♦Industrial Designs♦Copyrights♦Trade Marks♦Trade Secrets
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Example – Tilt-activated indicators
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Creativity to Business
♦ >70% of Indian companies are innovative
♦ 80% of ideas remain unidentified♦ Up to 80% of ideas are lost due to
process issues♦ 90% of inventors not aware of IP
potential♦ 80% of R&D personnel unknowingly
infringe IP of others♦ 95% of companies fail to use IP in
business intelligence Copyright 2015 BananaIP Counsels
Creativity to Business
♦ Creativity Spectrum♦ Business Value♦ Proportionality Test
♦ Examples♦ Twin Spark Plug♦ Bike Stand
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High Creativity –
Low Business
Value 20%
High Creativity –
High Business
Value15%
Low Creativity –
Low Business
Value25%
Low Creativity –
High Business
Value40%
Idea Business Value (IBV) Quadrant
Creativity
Business Value
Creativity to BusinessInventor Incentive System
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Amicable Work Environment
Recognition
Favorable HR Treatment
Financial
Rewards
Dr. Kalyan Kankanala’s Books
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www.kalyankankanala.com
Thank youHow to reach Dr. Kalyan Kankanala:♦ Email: [email protected]
♦ Phone: +91 80 2686 0414 / 24 / 34
♦ Web: www.bananaip.com
♦ India’s Leading IP News Tracker: www.sinapseblog.com
♦ Dr. Kalyan's LinkedIn Group for Students:https://www.linkedin.com/groups/Off-Prof-8410680/about
Copyright 2015 BananaIP Counsels