Intellectual property is key to open innovation, says Fortune 500 IP leader

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Photo: Marcin Konsek / Wikimedia Commons

Open innovation and IP have a complicated relationship. An adherence to the former can be regarded as a rejection of the strictures imposed by the latter. But according to Michael Locascio, who leads IP strategy for a Fortune Global 500 chemical company, that is too simple a reading of the relationship between the two. In this blog he explains why IP protection plays an important role in encouraging and facilitating open innovation. It’s well worth reading.


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