Background Information on Best Innovation and Intellectual Property Management Practices Website:

The contents of the “Best Innovation and Intellectual Property Management Practices” start with a Section of several Chapters on setting up a corporate vision, mission, goals, and values so that innovation and intellectual property organizations can thrive. The next Section of several Chapters reviews the best creative problem-solving and ideation methods used to create new products and services. This is followed by a Section of six Chapters on strategic planning from the business, technology, IP, and human capital standpoints. The next Section of five Chapters focuses on high-level processes and organizational designs used to most efficiently create and commercialize new innovations. There is then a Section of six Chapters that cover how to run business, technology, IP, knowledge management, competitive intelligence, and human capital projects. The “Best Innovation and Intellectual Property Management Practices” closes with a Section of Chapters on how to best take on specific project tasks the typically confront project leaders.

The primary information sources for the Compendium come from the personal files and library of Dr. Paul Germeraad. These files, presentations, meeting notes, and books have been collected from five decades of experience in running R&D, and consulting organizations. Dr. Germeraad had the opportunity to access and obtain insight from some of the best minds in the world as he worked for three Fortune 500 and two Silicon Valley startups at the executive level. Information is updated by scanning books, journal articles, webinars and first-hand discussions with colleagues and clients from United States and around the world. These range from the best thought leaders in consulting firms, universities, corporations, and professional societies. The belief is that it is important to tap the insights generated by others that have a wide diversity of experiences so the reader doesn’t have to repeat the same mistakes of others. Thus this “Best Innovation and Intellectual Property Management Practices” shares real executive experience; those things have made companies wealthy and innovative, and help readers avoid those things that have led to decay and bankruptcy.

Note that although some of these examples and methods are over a decade old, they are still the best, and still currently in-practice today. This approach was used especially in the case of examples because sharing detailed examples of older but still currently the best-practice processes provides readers with more a robust understanding and learning than sharing current stories that have been sanitized to be shared in public.