Intellectual property the bedrock of the modern economy but using that knowledge and valuing it correctly remains difficult.
It is hard to grasp the importance of intangible assets except in the cases when important assets were missed or when the acquirer has bought itself a lawsuit.
But with a rise in interest in open innovation, collaboration and a service economy built on intellectual property (IP) and intangible assets has come a slew of issues.
One of the biggest concerns has been over so-called patent trolls that buy up registered IP and then sue or block third parties from…
