institute for manufacturing (ifm), university of cambridge - … · 2017-12-06 ·...

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Institute for Manufacturing, 17 Charles Babbage Road, Cambridge, UK, CB3 0FS Tel: +44 (0)1223 766141 Fax: +44 (0)1223 464217 Email: [email protected] www.ifm.eng.cam.ac.uk Roadmapping for Strategic Management of Intellectual Property (IP) Intangible assets such as IP have now been attributed to somewhere in excess of 75 percent of the value of publicly traded companies. Therefore, people could expect IP strategy to be a top priority for senior management. However, IP remains a poorly managed asset. Aims One of the reason for the problem is the misalignment between IP and overall business strategy. This project aims to deliver a management tool for facilitating IP management. While quantitative tools are being developed rapidly, the qualitative tool remains rare for IP management. In this project, we propose using roadmapping as a suitable tool for aligning IP with strategy to maximise business value. Progress 1. The framework and process model were developed based on literature review, archival analysis, and exploratory interviews. 2. The refinement is being carried out by interviewing with IP consultants, roadmapping experts, and companies’ executives and IP managers. 3. Further refinement will require in company case studies. Deliverables The project delivers a conceptual framework and a process model. The steps have also been described in details. Tianyi Wang tw405@cam. ac.uk Strategic Technology and Innovation Management Programme 2017 Patent informatics Patent analytics AI ? Quantitative tools Qualitative tools I am currently looking for companies who have interest in IP management to test the tool.

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Page 1: Institute for Manufacturing (IfM), University of Cambridge - … · 2017-12-06 · Tel:(+44((0)1223(766141I( Fax:(+44((0)1223(464217I( Email:(ifmLenquiries@eng.cam.ac.ukI( Roadmapping

Institute for Manufacturing, 17 Charles Babbage Road, Cambridge, UK, CB3 0FSTel: +44 (0)1223 766141;; Fax: +44 (0)1223 464217;; Email: ifm-­[email protected];; www.ifm.eng.cam.ac.uk

Roadmapping for Strategic Managementof Intellectual Property (IP)

Intangible assets such as IP havenow been attributed to somewherein excess of 75 percent of the valueof publicly traded companies.

Therefore, people could expect IPstrategy to be a top priority forsenior management. However, IPremains a poorly managed asset.

AimsOne of the reason for the problem is themisalignment between IP and overallbusiness strategy. This project aims todeliver a management tool for facilitatingIP management.

While quantitative tools are beingdeveloped rapidly, the qualitative toolremains rare for IP management. In thisproject, we propose using roadmapping asa suitable tool for aligning IP with strategyto maximise business value.

Progress1. The framework and process model

were developed based on literaturereview, archival analysis, andexploratory interviews.

2. The refinement is being carried out byinterviewing with IP consultants,roadmapping experts, and companies’executives and IP managers.

3. Further refinement will require in-­company case studies.

DeliverablesThe project delivers a conceptualframework and a process model. Thesteps have also been described in details.

Tianyi Wang

[email protected]

Strategic Technology and Innovation Management Programme 2017

Patent informatics

Patent analytics

AI

?

Quantitative tools Qualitative tools

I am currently looking for companieswho have interest in IP managementto test the tool.