IncreMental Advantage Releases Preliminary Results Announced for First Survey Ever on the Roles and Responsibilities of Chief Intellectual Property Officers.88.9% of Respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. Believe Their Firms Would Benefit from Creating the Position of Chief Intellectual Property Officer PRINCETON Princeton, borough (1990 pop. 12,016) and surrounding township (1990 pop. 13,198), Mercer co., W central N.J.; settled late 1600s, borough inc. 1813, township est. 1838. A leading education center, it is the seat of Princeton Univ. , N.J. -- IncreMental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. Advantage and Chief Intellectual Property Officer jointly released preliminary results from their unique survey which addressed the merits of companies inducting Chief Intellectual Property Officers into the ranks of their senior executives. Respondents to this survey were Chief Intellectual Property Officers, Licensing Professionals, Business Development Professions, Chief Financial Officers, Technologists, Presidents, CEOs, General Counselors, and Outside Counselors. Complete results will be discussed at IncreMental Advantage's Managing Your Intellectual Property for Maximum Returns Conference which will take place in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. on January 16-17, 2007. Among the preliminary results are: * 88.9% of respondents indicated that their firms would benefit from creating the position of Chief Intellectual Property Officer. * 44% of respondents believe that the most relevant experience for a CIPO CIPO Canadian Intellectual Property Office CIPO Canadian Immunodeficiencies Patient Organization CIPO CINC Interoperability Program Office CIPO Chief Intellectual Property Officer CIPO Critical Infrastructure Protection Officer is a legal background. * 44% of respondents believe that the most relevant experience for a CIPO is a business development background. * 77.8% of respondents stated that the CIPO should report to the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The remainder felt that the CIPO should report to the CFO See Chief Financial Officer. , Board of Directors, Chief Counsel, and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . * 25% of the respondents believe that the CIPO should have veto veto [Lat.,=I forbid], power of one functionary (e.g., the president) of a government, or of one member of a group or coalition, to block the operation of laws or agreements passed or entered into by the other functionaries or members. In the U.S. power over research initiatives. 75% did not believe that the CIPO should have veto power over research initiatives. * 22.2% of the respondents believe that the CIPO should have veto power over business initiatives. 77.8% did not believe that the CIPO should have veto power over business initiatives. * 50% of the respondents believe that the CIPO should be empowered to initiate and cease litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . 50% did not believe that the CIPO should be empowered to initiate and cease litigation. * 87.5% of the respondents believe that the CIPO should be empowered to select acquisition targets. 12.5% did not believe that the CIPO should be empowered to select acquisition targets. * 55.6% of the respondents believe that the CIPO should be empowered to initiate joint-research initiatives. 44.4% did not believe that the CIPO should be empowered to initiate joint-research initiatives. About this Conference: This conference presents a unique opportunity to listen to leading Intellectual Property professionals discuss best practices for managing, monetizing, defending and valuing intellectual property. Sessions include: Best Practices for IP Asset Management; Managing Innovation: From Ideas to Revenue; Leveraging Your IP Portfolio Through Licensing; Business Methods Patents; Employment Law and the Protection of Intellectual Property; The Global Patent System Under Attack; Management of Patents Internationally; The Role of Intellectual Property in M&A Decisions; Innovative Measures to Maximize the Value of IP; The Role of Litigation in Your IP Strategy; The Roles and Responsibilities of Chief IP Officers; Blocking Strategies to Achieve IP Objectives; and, The Impact of IP Assets on Shareholder Value. Further information about this conference is available at www.incrementaladvantage.com/conferences or by contacting Neomi Barazani at 609-919-1895 ext. 100 or Neomi@incrementaladvantage.com. About IncreMental Advantage: IncreMental Advantage is a think tank that publishes breaking research developments on issues ranging from advertising to water utilities. Our research is highly regarded among institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. and senior executives from all over the world. The world's largest companies sponsor and send their senior executives to our conferences. Our research and events are dedicated to helping senior executives and institutional investors achieve "IncreMental Advantages" in their fields of expertise. Visit IncreMental Advantage online at http://www.incrementaladvantage.com. |
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