Can big business integrate corporate social responsibility into strategy to regain legitimacy? The legitimacy of business, the trust that people place in business, is at a low point. Business legitimacy is a matter of strategy, leadership, and responsible corporate behavior. Starting with that premise,
Category Archives: Innovation
Three Reasons For Weak Venture Capital Returns, 2000 to 2009
Palo Alto Corporate Attorney Douglas Y. Park discusses three reasons for lower venture capital returns: (1) Weak IPO market, (2) VCs making fewer early stage investments, (3) Fewer VCs have operational experience.
What Venture Capitalists See For 2010: IPOs, M&A, But Not Cleantech
What do venture capitalists like in 2010? Not cleantech. But they are optimistic about more big IPOs and mergers and acquisitions coming through. An article in the New York Times discusses the technology sectors that VCs are bullish on. VCs are excited about ...
Companies Competing To Be Green
Companies are increasingly competing to be green. The news is full of corporate initiatives concerning sustainability and environmental impact. What metrics are companies using to measure greenness, and do they make sense? Newsweek's Green Rankings Newsweek just released its first Green Rankings of the Standard ...
Creating Markets For Patents
The New York Times recently reported on the emerging patent marketplace. The idea is that a market where patents can be bought and sold would reduce the ...
Intellectual Property And Open Innovation On The Smart Grid
Will the smart grid develop through proprietary intellectual or open innovation? To what extent can both contribute to the smart grid's growth? The answers to these questions will have a huge influence on how the smart grid works and what it ultimately does for energy efficiency. In this ...
Why Big Organizations Do Not Promote Learning And Innovation
Do big organizations promote learning? In today's Big Shift Blog on HarvardBusiness.org, John Hagel, John Seely Brown, and Lang Davison argue that big organizations can and must help individuals learn, experiment, and innovate. However, big organizations are not best equipped to promote learning and innovation because ...
Economically Rational Patent Trolls
In The Prior Art blog, Joe Mullin wrote yesterday about GOOD Magazine's profile of Erich Spangenberg, a highly successful "patent troll." Mullin's main beef with the article is GOOD's comparison of Spangenberg, and patent trolls more generally, to Robin Hood. Mullin argues that ...
J&J Unit Wins $1.67 Billion Patent Infringement Verdict Against Abbott
Centocor Ortho Biotech, a business unit of Johnson & Johnson, today won a $1.67 billion award for Abbott Labs' infringement of its patent on Remicade. Centocor's Remicade and Abbott's Humira are competitors in the treatment of rheumatoid arthritis. Humira is Abbott's best-selling pharmaceutical. Abbott's success has relied ...