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International Law

: Lightbulb IP blog

Business model defined

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Intellectual property does not make money on its own. It needs a suitable business model. To illustrate that truism, flash back to the 1970s and the ever-fascinating PARC riddle. The riddle is: Why was so much invented and created at PARC, yet so little gained in financial terms by the owner of PARC? The owner of PARC was Xerox. PARC stands for the Palo Alto Research Centre, founded in 1970. In all senses, Palo Alto is in the center of Silicon Valley. At PARC the Xerox photocopier fortune helped establish and feed extraordinary creativity and invention. The PARC team created the core of much of what we consider to be basic IT today.

Full post as published by Lightbulb IP blog on December 20, 2007 (boomark / email).

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