Perpetual Innovation

Author: BizMan

  • To Incubate or not to Incubate

    Marshall Goodman: Ex-administrator For USF Helping Collier County | TheLedger.com:

    This answers the age-old questions: To Incubate or NOT to incubate?

    A: Incubators definitely have advantages for cluster development and rapid business startup.

    But, that doesn’t assure that it is a great investment for that governments to jump into.

    Where do old business incubator guys go when they get old?

    A: They go to Collier County, of course. Think Naples and Big Cypress National Preserve.

    Here’s a longer version of the story by Maria Perez in the Maples Daily News (and TBO.com).

    During that time about 2010, we were trying to meet with Goodman to springboard off of the wild success he was having with 3 incubators. No success, for us on a meeting. All three incubators were rumored to be full and hugely successful. In Highlands County, we were aiming to advance the inventions from USF that were better commercialized in the heartland of Florida, not the cities.

    Well let’s see how far $3.8M goes in Collier county. With an assurance of 10 to 15 companies within 6 months, how can they possibly go wrong?

    Can’t wait to see where this one goes.

    Keywords: Business Incubator, Economic Development
    ‘via Blog this’

  • Intellectual Ventures: Patent Troll plans to Start actually making things, not breaking things.

    Intellectual Ventures: Patent Troll Funds Startups, New Products – Businessweek:

    The worlds largest patent troll, apparently, has decided to go legit. Kinda.

    This company, aptly abbreviated IV as in a vampire draining blood, is the largest holder of patents with some 70,000. More than IBM with more than 20 years as the world’s largest patenting company, by far.

    With such a war chest of patents, it is hard for anyone to make anything that doesn’t violate their patents. This is especially the case if you don’t actually make anything, as a perfect troll would do.

    So IV has been drawing blood for the economy on a rather endless basis. But, if you pay the blood money for a few of their patents, you get “protection” where nobody else can mess with you without having to fight the entire war chest of IV.

    It seems like the perfect business model based on pirates and Somalian entrepreneurs.

    So why break such a tried and proven business model?

    I think on the tax returns, where you put our line of business, entering “Patent Troll” is likely no problem for the IRS. They will take the taxes on those profits just the same as for the companies that actually produced a product.

    We have a few ideas why the patent troll would change his stripes, but we would like to hear what others have to offer?

    ‘via Blog this’

  • Building a Business Plan: The basic components video, and IP too.

    Building a Business Plan: The basic components – YouTube: “

    Here’s the basics about a business plan by yours truly, Dr. Elmer Hall, President of

    Strategic Business Planning Company. We help develop the plans that every business needs(tm).

    “
    A business plan helps to plan out the future of the business and estimate its profitability. Also, as the company grows quickly it may outgrow itself. That is, you can fund the growth with profits, but if you exceed that rate then outside funding will be needed. Look at the sustainable growth rate model in finance.

    This is the basics of a business plan, but we modify a basic business plan to accommodate Intellectual Property protection (read, sustainable competitive advantage). As you watch Shark Tank to see how venture capitalist think, you will see how seriously important intellectual property is to the success of a business — and the likelihood of a shark investor taking a BIG bite of the action.

    A business plan would likely include these component, as shown in the video, and then have some modification to show the (potential) strength of the IP. We call this IP-centric plan a Patent Business Plan., or for larger companies an IPplan.

    Look at the Patent Primer to get an idea of the various aspects of IP and how to build a strong patent competitive advantage.

    As it pertains to environmental sustainability — triple bottom-line planning — look at discussions over at www.SustainZine.com. The plan here would be a specialized business plan we call a Sustainability Plan. This would be a business plan that also maps out moving to full zero foot print over time: say 5, 10, 20 years, depending on the business/industry.

    ‘via Blog this’

  • Software Patents, soft patents, Hard Litigations

    This article from the Institute for Policy Innovationhttp://www.ipi.org/ipi_issues/detail/what-software-patents-have-wrought-a-lottery-ticket-to-a-lawsuit comments on yet another issue in the turmoil of today’s IP landscape- one that resembles a war zone.  Because software has become such a vital part of today’s tech and semi-tech products and services, it makes sense to provide some real protection for the originators if the invention is unprecedented and provides value.  The flood of software patents has opened Pandora’s box however and the box is in a coutroom.

  • Intellectual Property Counterfeiting- more than an Ownership Problem

    IP counterfeiting doesn’t get alot of press these days and hasn’t for decades, but, this article definitely needs reading.  Here is the link:IP Counterfeiting

    Yet another in a growing list of situations in which crime appears to pay- or, it is clearly worth the risks involved.
    IP owners have another aspect of commercialization that must be continually addressed on a corporate level.