Business and legal imperatives for successful corporate innovation revealed
Successful innovation has been become critical to corporate success.
The importance of innovation was reinforced by the 2011 State of the Union address by US President Barack Obama who mentioned "innovation" seven times in his speech, an unprecedented focus on this issue.
Innovation is critical because of the new business land-scape characterised by more intense and global competition. This reality demands a different approach to innovation, one based on collaboration and the strategic use of intellectual property. For…