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Open Innovation

Capitalization of Ideas

Capitalization of Ideas

“If I develop ideas for new products and features, then I should be able to make some money from it, but I don’t know how to convert ideas to solutions, nor distribute those solutions so that they are profitable.”

Some types of information assets are more readily turned into cash than others. When information assets are close to being turned into cash, it's easy enough to recognize it as the intellectual capital of a firm or person. As information moves further and further away from liquidity, it may become harder and harder to recognize it as intellectual property, or an information asset.

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Open Access Journals

Open Access Journals

“If I publish my research papers in the R&D Journal of Integrated PM, then other members of the community can base future research on my finding, but people outside our community won’t see it, and the benefit of publishing my studies is directly proportional to the number of other researchers reading it.”

You bet, there have been many different models for publishing journals containing research and development material. With electronic publication, we are no longer limited to a single publishing model, and it appears that for the foreseeable future a variety of different publishing models will operate in parallel. While still accounting for only a fraction of the overall scholarly publishing system, there are currently in excess of 2,700 Open Access Journals in the Directory of Open Access Journals. OA Journals operated by groups of colleagues, will never be the dominate form of scholarly publishing; but at the same time their numbers continue to grow, as does the quality of material they contain and their acceptance among scholars.

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Open Market

Open Market

“If I create innovation assets, then I can sell them for real money, but I need a place to sell my assets.”

GrandView is an Open Market for buying, selling and trading innovation assets. We provide an Open Market with no barriers to free market activity. There are no licensing requirements, education requirements, or practices that interfere with people participating. Our Open Market does create some competition and you do have to join the pmNERDS community to participate, but membership is free. In an Open Market, there is a difference between barriers to entry and costs of entry.

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Recent comment in this post
Alden Ibbetson
I've actually been on those mountains! Love the picture! Who can I speak with to learn more information about grandview? When I go... Read More
Wednesday, 04 October 2017 11:56
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