Extracting product opportunities from intellectual property portfolios : from patent to product idea
Leaders for Global Operations Program.
Jonathan Fleming and Warren Seering.
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Companies and research institutes maintain large intellectual property portfolios, which are considered company assets and require significant investments to maintain. This thesis looks at the potential to extract value from such portfolios through new product development to offset this capital investment. Traditionally the IP protects existing products or excludes competitors from entering a given market. Alternatively this process looks to move from intellectual property (IP) to product ideas (PI), hereafter referred to as the IP2PI process ... [figure 1]. As outlined in Figure 1 the IP2PI process starts with intellectual property as the main input. Next the IP2PI process itself consists of three steps: -- Understanding the IP and key technologies included therein, -- Identifying market opportunities and applications of the technologies, and -- Evaluating product ideas based on market needs and other criteria.
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2014. In conjunction with the Leaders for Global Operations Program at MIT.Thesis: S.M., Massachusetts Institute of Technology, Department of Mechanical Engineering, 2014. In conjunction with the Leaders for Global Operations Program at MIT.Supervised by Jonathan Fleming and Warren Seering.Cataloged from PDF version of thesis.Includes bibliographical references (pages 48-49).
DepartmentLeaders for Global Operations Program at MIT; Massachusetts Institute of Technology. Department of Mechanical Engineering; Sloan School of Management
Massachusetts Institute of Technology
Sloan School of Management., Mechanical Engineering., Leaders for Global Operations Program.