A69 - Evolving IP Management Practices In The IP Industry,
BoneZone, Knowledge Enterprises, Inc., Chagrin Falls, Ohio, USA
-- Pages 20-21
Description: This article reviews the results of a recent survey on intellectual property (IP) management practices in North American. Results show that while most responding companies recognize the value of IP, some do little to protect it. The article reports the percentage of companies that use internal steering committees or law departments to make IP decisions versus those that rely on external counsel. The article also includes a cautionary tale about a major orthopaedic manufacturer that was forced to pay a $1.35 billion settlement to an employee who claimed it mishandled the marketing of his inventions.
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