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IP Models to Orchestrate Innovation Ecosystems: IMEC, a Public Research Institute in Nano-Electronics
Companies increasingly organize innovation activities within innovation ecosystems. This study illustrates the central role of the IP-model that an orchestrator develops for the innovation ecosystem partners. The governance of IP is instrumental for the success of innovation ecosystems as it determines the value appropriation potential for the ecosystem partners and positively influences the success of innovation ecosystems. The insights are based on a case study of IMEC, a public research institute in nano-electronics. IMEC has an IP-based orchestration model for innovation ecosystems through multi-party research collaborations between public and private firms. -
IP Modularity: Profiting from Innovation by Aligning Product Architecture with Intellectual Property
Firms seeking to take advantage of distributed innovation and outsourcing can bridge the tension between value creation and value capture by modifying the modular structure of their technical systems. Specifically, this article introduces the concept of "IP modularity," which seeks to protect and capture value from intellectual property. The article defines what it means for a system to be "IP-modular," illustrates the application of this concept in a number of practical situations, and presents a comprehensive framework that can be used to design and evaluate value capture strategies for modular systems. -
Value Articulation: A Framework for the Strategic Management of Intellectual Property
This article introduces a framework that helps to assimilate intellectual propertymanagement activities with the practices of marketing and strategy. With the framework, the management of IP rights is explained within marketing constructs such as the unique selling proposition. The article presents case studies that explore the applicability of the framework in a diversity of industry contexts and firm sizes. -
Protecting Growth Options in Dynamic Markets: The Role of Strategic Disclosure in Integrated Intellectual Property Strategies
Given recent developments in information technology and intellectual property (IP) legislation, technology firms may benefit froman integrated IP strategy that combines patenting with strategic disclosure. This article presents a series of cases that introduce various aspects of strategic disclosure and provide a framework for how and when such practices may be merited as part of an integrated IP strategy. To help CEOs decide on the economics and efficiency of the practice, practical guidelines are provided for when it might be a useful complement to the firm's other IP management practices. -
Strategic Management of Intellectual Property: An Integrated Approach
In many organizations, the R&D, strategy, and legal functions are poorly integrated. As a consequence, firms miss opportunities to create and exploit the value of intellectual property. Functional silos are one reason for the lack of integration. More important, however, is the lack of a common framework and even language thatwould allowengineers, lawyers, and business executives tomanage IP assets better. This article provides such a framework. There is no one best way to manage IP and many managers overestimate the attractiveness of using IP to exert market power. Rather, the value of the various means to protect and benefit from IP depends on firm strategy, the competitive landscape, and the rapidly changing contours of intellectual property law. -
Educomp: Shaping Education in the New Millennium
Educomp Solutions Ltd. was established in 1994 with the aim of providing for a customer's entire education lifecycle, from pre-school to higher education/vocational training, and appropriating value from the same customer multiple times. This strategy, over a period of 17 years, enabled Educomp to become the largest player in the education technology sector in India. Educomp took the organic route to growth, which it achieved largely through acquisitions and alliances. Its flagship brand, SmartClass, brought technology into the classroom with a vast repository of digital modules on every subject. However, in 2012 the government of India proposed changes in its education policy that - along with the country's economic uncertainty - threatened to erode the competitive advantage that ESL had gained over the years. The CEO of Educomp wondered how he could maintain his organization's leadership position. He was contemplating a three-pronged strategy that involved 1) expanding into the untapped Indian rural market segment with school learning solutions; 2) creating a virtual learning solution that included open-source content for students; and 3) investing further in research and development in order to develop innovative products to penetrate the Indian education market. -
Orlando International Airport: Landing International Airline Business
Each year, Orlando International Airport serviced more than 35 million passengers. Many were attracted to Orlando, Florida, for tourism, vacations and fun, as the area was home to some of the most popular theme parks in the United States. Others travelled to Orlando on business, as the area had attracted international companies, and domestic companies had a growing presence in other countries. The airport needed to continue to attract new airlines and to expand its services to new regions and countries. Local business people collected information on the growth of travel between Orlando and other regions, underserved markets, and time and cost savings. The challenge now was how to use the data to decide on which countries and industries to focus on to attract new business. -
Sophia Tannis: The European Transfer
A multinational company's first senior female leader is assigned to the European headquarters. The assignment is a professional coup, and she is primed to meet the challenge. However, her new colleagues' predominant view is that she is a non-European woman who represents the corporate head office. She has the opportunity to fly high or fail. -
Mountain Dew: The Most Racist Soft-drink Commercial in History?
PepsiCo faces criticism after releasing a series of online advertisements for Mountain Dew that featured an angry Mountain Dew-drinking goat, a battered white woman on crutches and the goat in a police lineup of all black men. Critics are offended by the advertisement's portrayal of violence toward women and racial stereotypes. As the public outcry spreads, Mountain Dew's senior brand manager needs to devise a course of action or risk damage to one of its billion-dollar brands. -
Lighting the Way at the Manor House Hotel, Spreadsheet Supplement
Spreadsheet supplement for case 214006. -
Innovating in Health Care-Framework
Contains the framework for the second-year Innovating in Health Care course. Delineates the role of six exogenous forces on new ventures: structure, financing, regulations, consumers, accountability, technology, and public policy. Also, presents the essential elements of business models for new health care ventures. -
Slicing Pie with a Razor: Ockham Technologies' Founding Agreement
Ockham Technologies' three founders are about to craft their founding agreement and split the equity among themselves. Uncertainty lingers over each member's future contributions, though - how is the team to devise a durable and effective split? Jim Triandiflou and Ken Burows worked resolutely to plan for the launch of their sales management software company. Soon they recruited a third member, Mike Meisenheimer, to lead product development. Each founder had contributed significantly to bringing the Ockham concept to life. The trio had provided the seed capital of $150,000, contracted a development team to build their product, garnered serious interest from a potential investor, and readily agreed on their roles within the company (Jim was CEO, Ken was COO, and Mike was Head of Product Management). But as Ockham entered its initial phase of product development, pressure began mounting for the team to discuss and finalize a founding agreement. What should they include in the agreement, and how should they structure their equity split? -
Coca-Cola: Back in Burma
Coca-Cola has announced the opening of its first bottling plant in Burma in almost 60 years. Since 1962, Burma has been a closed and isolated country and under military rule. As a result of the military's steady relinquishing of control over the government, Burma has begun opening its doors to international trade and investment. However, political instability is still very high and economic development is far from secure. Furthermore, although a framework agreement between the U.S. and Burmese governments has been signed, a bilateral investment treaty to provide protection for Coca-Cola's direct investment is not yet in place. How should Coca-Cola pursue its strategy in Burma? -
Accounting for Content at Demand Media
An analyst is assessing Demand Media's accounting policies in the face of media scrutiny around its capitalization of media costs as well as some of its non-GAAP disclosures. She has to decide whether it is appropriate to capitalize these costs. In order to do so, she must evaluate whether the costs meet the definition of an asset. After analyzing the company, its business model and its strategy, she can compare its content costs to various other companies that create "content" (intellectual property); competing accounting policies are also examined. The analyst can then determine the appropriate accounting treatment and whether any adjustments are warranted. With respect to non-GAAP earnings, she can decide whether the metrics proposed by the company are appropriate in order to measure performance. -
Lean Thinking: Better Living through Setup Reduction
This note reviews the effect setup time, batch size, and throughput time have on each other by providing everyday examples. -
Southpointe Corporation-Key Experiences
"During the five years Southpointe Corporation had used its custom Leadership Development Program (LDP), a significant number of existing and high-potential managers from all the company's functional areas and geographic regions had been through the LDP. Now in response to some ongoing leadership development concerns, Southpointe's CEO, wants to develop a "key experiences" program for a handful of managers viewed as viable executive team candidates. " -
Changing the Corporate Culture at AXA: The Long and Winding Road
This case examines the development of AXA, from a small mutual insurance company to one of the top 3 companies in the world. The case focuses more particularly on the period 2000-2012 and the CEO's efforts to change the culture of the organization to make it more customer- and employee-focused. -
Technical Note: Lease vs. Buy Decisions for Technology Example, Spreadsheet Supplement
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GVK EMRI: Social Entrepreneurship and Innovation in Emergency Medical Response
SEMRI is the first not-for-profit public private partnership (PPP) arrangement in the healthcare sector in India. From its modest beginnings of providing emergency response services with 15 ambulances in a single city, EMRI grew its operations across 8 states to 1,550 ambulances serving 366 million people, free of cost. But the company now faces a major crisis as its chairman has resigned and been arrested for fraud. The CEO takes the reins of the organisation and adeptly manages the crisis. EMRI is then taken over by GVK Power and Infrastructure Limited. With a new sponsor, the CEO must decide whether to continue expanding EMRI's operations across India or offer other services in states where it already has a presence. Can the organisation obtain further funding and modify the PPP model whilst preserving the values that EMRI was built upon? -
Raffles Holdings Limited - Valuation of a Divestiture
In 2005, CapitaLand announced the sale of the hotel business under its subsidiary Raffles Holdings Limited for US$1.45 billion. This included the sale of landmark Raffles Hotel as well as 40 other hotels, including the Swissôtel international hotel chain. The case focuses on the financial and the strategic aspects of the sale from the perspective of CapitaLand and includes the following: • What should be an appropriate valuation for Raffles Holdings? • How should the value of intangible assets such as brand name be incorporated? • Was there strategic justification for CapitaLand to pursue a divestiture that would translate into loss of the iconic Raffles Hotel - a national monument of Singapore?