Management for Professionals Martin A. Bader Sevim Süzeroğlu-Melchiors Editors Intellectual Property Management for Start-ups Enhancing Value and Leveraging the Potential Management for Professionals The Springer series Management for Professionals comprises high-level business and management books for executives, MBA students, and practice-oriented busi- ness researchers. The topics span all themes of relevance for businesses and the business ecosystem. The authors are experienced business professionals and renowned professors who combine scientific backgrounds, best practices, and entrepreneurial vision to provide powerful insights into how to achieve business excellence. (cid:129) Martin A. Bader ğ Sevim Süzero lu-Melchiors Editors Intellectual Property Management for Start-ups Enhancing Value and Leveraging the Potential Editors MartinA.Bader SevimSüzeroğlu-Melchiors THIBusinessSchool TechnicalUniversityofApplied TechnischeHochschuleIngolstadt SciencesRegensburg Ingolstadt,Germany Regensburg,Germany ISSN2192-8096 ISSN2192-810X (electronic) ManagementforProfessionals ISBN978-3-031-16992-2 ISBN978-3-031-16993-9 (eBook) https://doi.org/10.1007/978-3-031-16993-9 #TheEditor(s)(ifapplicable)andTheAuthor(s),underexclusivelicensetoSpringerNatureSwitzerland AG2023 Thisworkissubjecttocopyright.AllrightsaresolelyandexclusivelylicensedbythePublisher,whether thewholeorpartofthematerialisconcerned,specificallytherightsoftranslation,reprinting,reuseof illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similarordissimilarmethodologynowknownorhereafterdeveloped. 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ThisSpringerimprintispublishedbytheregisteredcompanySpringerNatureSwitzerlandAG Theregisteredcompanyaddressis:Gewerbestrasse11,6330Cham,Switzerland Endorsements Thiseditedbookvolumeoffersvaluableinsights,bringingtogetherperspectivesof key stakeholder groups from a wide variety of innovation ecosystems—an invalu- ableresource. —CarstenFink,ChiefEconomist,WorldIntellectualPropertyOrganization Atimelybookforthosewantingaclearoverviewoftheissuesthedifferentplayers encounterinthestart-upecosystem.Ausefulresourceindeed.Congratulationstothe editorsandteam. —Audrey Yap, Managing Partner YUSARN AUDREY LLC, Past President LESI, ChairmanSingaporeInnovation&ProductivityInstitute,Singapore A‘mustread’forallinnovatorsinthestart-upworld.Itistrulyafantasticbookand oneIwouldrecommendbeingboughtandread(infull)! —LaurenceFreeman,Professor(Adjunct),CUDenverBusinessSchool,JakeJabs CenterforEntrepreneurship,Denver,Colorado,UnitedStates This book provides pragmatic advice for start-ups on how to most effectively manage their intellectual assets and intellectual properties at various stages of the start-uplifecycle.Theinterestingexamplesoflessonslearnedandanecdotesbased on first-hand experience shed a powerful spotlight on potential devastating effects when IA/IP is not handled properly. Authors offer actionable steps and prudent considerationstoincreasethevalueofIA/IPtostart-ups. —Tao Zhang, Vice President Deputy General Counsel, Juniper Networks, Sunnyvale,SiliconValley,California,UnitedStates Valuable insight into how early-stage businesses can use IP to drive growth and businessvalue,withaglobalperspectiveontheIPecosystemandastrongguidance onhowstart-upscanestablishbeneficialIPpositionsthroughbestpractice. —MikeMcLean,ChiefExecutiveOfficer,InnovationAssetCollective,Canada An all-round view of the ecosystem members with chapters authored by practitioners. I highly recommend using this book both to broaden perspectives andasareferenceguide. —Dr.HemangShah,StartupandTechnologyLicensingExecutive,India vv vi Endorsements The book demonstrates the impact of IP on commercial success by drawing on diverseandhighlyrelevantperspectivesoftheparticipantsinthestart-upecosystem. Itisamustread! —KarimaBawa,ChairofIPOntario,SeniorFellowattheCentreforInternational Governance Innovation, former Chief Legal Officer and General Counsel for ResearchInMotion(BlackBerry),Vancouver,Canada AcomprehensiveandpracticalapproachtocreatingandmanagingtheIPportfolios thatultimatelywilldefinethevalueofstart-uptechnology. —HenryHadad,SeniorVicePresidentandDeputyGeneralCounsel,Bristol-Myers Squibb,Princeton,NewJersey,UnitedStates A comprehensive guide to IP management for start-ups in any stage of their development. It includes perspectives from all the key stakeholders involved in IP managementandvaluecreation,aswellasactionabletoolsandresourcesthatstart- upscanusetoprotecttheirIPassets. —LuisAllo,GlobalDirectorR&D,ExternalTechnologyInnovationatJohnsonand JohnsonConsumerHealthEMEA The role of IP as business enabler—a new currency for deals to come—is also relevantforstart-ups.Andthisisthereasonwhyitissoexcitingtoreadthisbook. —Dr.UweOver,CorporateVicePresidentandAssociateGeneralCounsel,Headof IntellectualProperty,HenkelLawGroup,Germany As intellectual property is no longer only about protection, this book will be your guidetobuildingacomprehensiveviewaboutintellectualpropertyimplicationsand developingasolidstrategyforyourbusiness.Ihighlyrecommendit. —YannDietrich,GroupHeadofIP,Atos,France Thisisthebookyoucameacrosstoolate.Whenyouareexcitedaboutyourideaand your start-up, you probably don’t have the time to read this insightful book. Well, youbetterhad!Readitbeforeyoursecondstart-up.Itisfullofcondensedexperience fromseasonedpeople. —Dr.MalteKöllner,Köllner&Partner,PatentAttorneys,Germany An interesting and important book about patent management in the start-up eco space with cleverly assembled essays from authors who know their subject. The book not only provides insights from different industries but also from around the world. —MichaelKucher,AttorneyatLaw,Slater&Matsil,Dallas,UnitedStates IP is enormously important for most start-ups. However, entrepreneurs often lack sufficient experience and expertise to fully leverage IP as a business tool. This excellent book brings together contributions from six stakeholder groups that are key to the entrepreneurial ecosystem covering perspectives from a wide range of countriesandtechnologysectors.Highlyrecommended! —Prof. Dr. Frank Tietze, Professor in Technology and Innovation Management, InstituteforManufacturing,UniversityofCambridge Endorsements vii A great book to understand the management side of intellectual property, showing thehighvalueofthoseintangiblerightsintherealworld. —MistraleGoudreau,ProfessorofLaw,UniversityofOttawa,Canada This book provides practical advice and examples from around the globe and is a ‘go-to’ resource for those who are new to this world as well as the experienced entrepreneur. —Mark Weber, Ph.D., P.Eng., Director, Innovation and Partnerships, McGill University,Canada This volume envelops cross-regional tips for coping with changing realities and disruptiveandincrementalinnovations.Agoodreadformanagersandinventors. —ShulamitHirsch,HeadofIPatthetechtransferdivisionoftheTechnionUniver- sity,IPmanagerofCathworks,andIPconsultantforKornitDigital Amarvellousmixtureofindividualreflectionsandperspectives. —Jeff Skinner, Executive Director, Institute of Innovation and Entrepreneurship, LondonBusinessSchool,UnitedKingdom The value here lies in the wide-ranging perspectives provided by authors from around the world, grouped into different sections of ‘Views’ about the challenges ofmanagingIPforstart-ups.Thekeyistoreadthechaptersfromviewpointsother than your own, to understand better how others see the issues you are facing from differentangles. —TomHockaday,Director,TechnologyTransferInnovation,UnitedKingdom Amultifacetedmultinationaldigestprovidingperspectivesofpertinentstakeholders intheglobalentrepreneurialfield. —AsaKling,PresidentoftheAIPPIIsraelRegionalGroupandformerDirectorof theIsraelPatentOffice,formerCommissionerofPatents,DesignsandTrademarks Valuable and comprehensive insight into the considerations and perspectives that one must take into account when dealing with the IP management of early-stage companies. —OfirAlon,DirectoroftheIsraelPatentOffice,CommissionerofPatents A comprehensive overview of integrated IP strategies for start-ups focusing on growth. I believe that this book is a must read for IP professionals and start-up foundersinvolvedinIP-driventechnologyandbusinesscreation. —Mustafa Çakır, Patent Attorney, Co-Founder of Patent Effect,President of LES Turkey Anultimateandrichsourceofexplicitintellectualpropertyrelatedknowledgeforall players in the start-up ecosystem—especially for our Bavarian start-ups, investors, companies,innovationconsultants,andtechnologytransfercenters. —BrunoGötz,HeadofPatentzentrumBayern,BayernInnovativ,Bavaria/Germany The professional management of IP is a key success factor for entrepreneurial universities. In Germany and Europe, there is still a considerable need for viii Endorsements development in this field. This book makes an important contribution to bundling thisknow-how. —Prof.Dr.HelmutSchönenberger,Co-FounderandCEOofUnternehmerTUM,the CenterforInnovationandBusinessCreation,andVicePresidentEntrepreneurship atTechnicalUniversityMunich(TUM),Germany When at the crossroads of investment and IP, understanding and making the right turnarepivotal. —Hon.YvesFortier,PCCCOQQC,Ad.E.,Canada In my experience of coaching and supporting tech start-ups I have observed that managingintellectualpropertyisprobablythemostunfamiliarchallengeforthemin theirearlydevelopmentstage.However,IPmanagementcouldbethemoststrategic issueforthesustainabledevelopmentofayoungorganization.Withthisbook,Prof. Dr. Martin A. Bader and Prof. Dr. Sevim Süzeroğlu-Melchiors address the pain pointsofmanystart-upsandstakeholdersintheecosystem.Itisavaluablemanual for start-ups in navigating through the complex but critical domain of IP management. —Prof,Dr.ZhengHan,ChairofInnovationandEntrepreneurship,CDHK,Tongji University,Shanghai,China Foreword How can start-ups grow and scale into a global market? What are the sources of competitiveadvantageofunicorns?Typically,itisintellectualproperty(IP).Inour researchon“BornGlobals”—start-upswhichachievegrowthonaglobalscale—we foundoutthatnearlyallcompanieshadIPintheircore.Formosteconomies,export- oriented, high-tech SMEs are highly important for the national economy. But how does one set up a patent strategy despite the liability of smallness? How can one createandcapturevaluewithIP?Inmy20yearsasaprofessorattheUniversityof St. Gallen, I am keenly aware of the need for an expert resource for entrepreneurs and their collaborators to navigate intellectual property management. I very much appreciatethesix different perspectivesofthebook:entrepreneur, investor, corpo- ration,IPoffice,university,andadvisor. ProfessorMartinA.BaderandProfessorSevimSüzeroğlu-Melchiorssucceeded in curating a rich collection of international perspectives from a cross-section of industries.ThisisthefirsttimeIhaveseenthetopicsofIPmanagementandstart-ups examined together in such a focused, impact-oriented volume. The breadth and depth of insights in the book will prove to be an essential reference for anyone in thestart-up/intellectualpropertymanagementecosystem. There are many books that describe IP management from a legal, technical, commercial, or strategic point of view. Most of these books are primarily about established corporations and large SMEs that have a budget for professional and efficientIPmanagement.Becausestart-upshavelimitedcapital,constraintsontheir time,andtalentfocusedontheirbusiness’scorecompetency,itcanbeachallengeto dedicateresourcestoIPmanagement.Inaddition,start-upsareoftenconfrontedwith strong incumbents or monopolies. I very much welcome the fact that Martin and Sevim focus this edited volume on the specific challenges facing start-ups when it comes to IP management. This collection of articles and insights can serve as an importantroadmapforstart-upsandtheirpartners. For those of us who live and breathe innovation in our daily life, we learn to appreciategenuinelyuniqueapproachestoexistingchallengesthatwilltrulymove thefieldforward.Thatiswhatreaderswillfindinthistimelybookthataggregatesa wide range of IP management experience and expertise from across the globe into practicalconceptsthatserveasaguidetostart-upsandtheirstakeholders. iixx