Comments on: 3 ways to cut IP acquisition costs http://www.thinkipstrategy.com/ipthinktank/394/3-ways-to-cut-ip-acquisition-costs/ Trusted advisors to the world's most innovative companies Mon, 16 Jan 2012 09:10:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Duncan http://www.thinkipstrategy.com/ipthinktank/394/3-ways-to-cut-ip-acquisition-costs/comment-page-1/#comment-1349 Duncan Tue, 07 Oct 2008 00:21:04 +0000 http://localhost:100/thinkipstrategy/?p=394#comment-1349 <p>Kristian - welcome and thank you.  These are great points.</p> Kristian – welcome and thank you.  These are great points.

]]> By: Kristian Beyer http://www.thinkipstrategy.com/ipthinktank/394/3-ways-to-cut-ip-acquisition-costs/comment-page-1/#comment-1348 Kristian Beyer Mon, 06 Oct 2008 20:20:48 +0000 http://localhost:100/thinkipstrategy/?p=394#comment-1348 <p>Another option is outsourcing your patenting work to India/asia. Cuts down costs for expensive attorneys. I can be hard for non-global companies doing this though. </p> <p>Another version on your no. 1 is to only do IP that is important for your core business, and not waste money on something you don´t actually sell</p> Another option is outsourcing your patenting work to India/asia. Cuts down costs for expensive attorneys. I can be hard for non-global companies doing this though.

Another version on your no. 1 is to only do IP that is important for your core business, and not waste money on something you don´t actually sell

]]> By: Duncan http://www.thinkipstrategy.com/ipthinktank/394/3-ways-to-cut-ip-acquisition-costs/comment-page-1/#comment-1347 Duncan Mon, 06 Oct 2008 13:37:36 +0000 http://localhost:100/thinkipstrategy/?p=394#comment-1347 <p>Jeremy - some quick notes on your great comments:<br />1 - just looking at reducing costs here, not increasing revenues - great points though<br />2 - alternative dispute resolution sounds great, if you can get it to work - I guess that's what you mean by 'responsible use' - often worth a try.  However, depending on the economic climate and the situation at hand, it may be better to prioritise which disputes you even take on for a certain period.<br />3 - Delaying applications - I'm flattered that you think my suggestion would have such far reaching consequences.  But still, from the perspective of the IP Rights owner, it has some merit, irrespective of a possible greater delay at a point in the future.</p> Jeremy – some quick notes on your great comments:
1 – just looking at reducing costs here, not increasing revenues – great points though
2 – alternative dispute resolution sounds great, if you can get it to work – I guess that’s what you mean by ‘responsible use’ – often worth a try.  However, depending on the economic climate and the situation at hand, it may be better to prioritise which disputes you even take on for a certain period.
3 – Delaying applications – I’m flattered that you think my suggestion would have such far reaching consequences.  But still, from the perspective of the IP Rights owner, it has some merit, irrespective of a possible greater delay at a point in the future.

]]> By: Duncan http://www.thinkipstrategy.com/ipthinktank/394/3-ways-to-cut-ip-acquisition-costs/comment-page-1/#comment-1346 Duncan Mon, 06 Oct 2008 13:32:51 +0000 http://localhost:100/thinkipstrategy/?p=394#comment-1346 <p>The insightful and ever present Jeremy Phillips (this time at <a href="http://ipfinance.blogspot.com" rel="nofollow">IPFinance</a>) has posted a <a href="http://ipfinance.blogspot.com/2008/10/cutting-cost-of-ip-acqusitions.html" rel="nofollow">great comment</a> on this post:</p><p>In global terms, I wonder whether the sort of savings which these suggestions are likely to achieve are likely to be relatively trivial in relation to the sort of business that is big enough to have the option of making them. Might greater savings, or greater income-generation, be made through cross-licensing of existing technologies, the adoption of more cost-effective marketing techniques such as co-branding, the responsible use of alternative dispute resolution rather than court-driven infringement ligitation; where IP rights are deemed superfluous, there is plenty of scope for developing online auction and licensing sites too. Finally, the delaying of applications in the pipeline looks like a recipe for chaos in the future if all the businesses within any given sector decide to press on with their previously-delayed applications at the same time.<br />(Thanks Jeremy)</p> The insightful and ever present Jeremy Phillips (this time at IPFinance) has posted a great comment on this post:

In global terms, I wonder whether the sort of savings which these
suggestions are likely to achieve are likely to be relatively trivial
in relation to the sort of business that is big enough to have the
option of making them. Might greater savings, or greater
income-generation, be made through cross-licensing of existing
technologies, the adoption of more cost-effective marketing techniques
such as co-branding, the responsible use of alternative dispute
resolution rather than court-driven infringement ligitation; where IP
rights are deemed superfluous, there is plenty of scope for developing
online auction and licensing sites too. Finally, the delaying of
applications in the pipeline looks like a recipe for chaos in the
future if all the businesses within any given sector decide to press on
with their previously-delayed applications at the same time.
(Thanks Jeremy)

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