"In a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions (i.e. patents) from other companies. In addition, internal inventions not being used in a firm’s business should be taken outside the company."

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Source : "Championship: Opening up the ivory tower" by Francis Moran and Leo Valiquette, www.businessinsider.com. October 11, 2011.

Henry Chesbrough

#Taken Quotes #World Quotes #Patents Quotes