Strategic Invention:
Over the past decade, a growing number of technology-intensive
client companies have utilized our Innovation Workshops to initiate
systematic efforts to generate strategic inventions. The resulting
patents frequently enable client companies (the patent holders)
and licensees to preempt competitors by anticipating emerging
markets and creating strategic "options" for the future.
Many of these clients view these patents as strategic business
tools as much as legal protections. As such, these strategic
patents create new corporate capital that can be converted into
new revenue streams, strategic advantage and negotiating positions.
Vincent & Associates, Ltd. designs and facilitates innovation
workshops to help clients systematically create intellectual property
to influence and participate in emerging markets.
"Lanny contributed
immensely to our efforts in holding the innovation
workshops, encouraging the
participants to come out with inventive ideas and generating
subsequent invention disclosures. Many of the invention
disclosures generated from our company now come from
the innovation workshops."
