Do we need a CIPO?
How does a chief intellectual property officer work and which businesses benefit from one?
I have been chief intellectual property officer at Philips
since 1999. Previously the role was just the head of IP. When I
took it on I changed the organisation of the IP department and
turned it into a business with its own profit and loss
responsibility. That created a more fundamental change in how
the whole company looked at IP and treated IP. It became about
value-creation - leveraging IP in the marketplace to support
the business, increase its profitability and raise growth.
Over the past 12 years, this change has meant that the role
of IP in directing the strategy of the company has greatly
increased. In the past you would have a business strategy,
formulated by the business, and an IP strategy, formulated by
the IP department, and only at the end of that would the two
come together and see how they could form a coherent...
Please log in
to read the rest of this article. New to Managing Intellectual Property?
Take advantage of one week’s FREE access
and become a Managing IP member today. It’s free to join and the benefits start straight away.
Please make sure you log in to read the rest of the article.
Join us nowGain 7 days FREE access when you register now.