Historically, intellectual property has been closely associated with patents—a byproduct of the many commercialised inventions that came from and followed WW2. However, since then, globalisation and the internet have made knowledge and technologies widely available.
When we look back on a generation of iconoclastic leaders who promise to revolutionise the world, it's clear that not all go on to create viable businesses. In fact, when it comes to start-ups, all that glitters is definitely ain't gold.
The short history of the venture can at times feel littered with examples of well funded vapour. Examined objectively, intellectual property remains a robust surrogate for long term value creation.
The short history of the venture can at times feel littered with examples of well funded vapour. Examined objectively, intellectual property remains a robust surrogate for long term value creation.