This time I will be discussing some research I did following our guest lecturer's talk last Monday.
Something that I wanted to look a little deeper into was the "white space analysis" that Ms. Kasznik spoke of when suggesting a few strategies for IP growth.
Following some research, I found that not everyone agrees with whitespace analysis helping being the right way to guide innovation attempts, even if it should be a necessary part of the process.
First of all, when applied to the patent world, the term “whitespace” means an analysis method that identifies the lack of patents in a particular technology area as a leader for innovation decision-making.
There is no doubt that Patent "whitespace analysis" is important aspect of any innovation assessment. This is due to the fact that if a company is introducing a new product or technology, it needs to know at an early stage whether it can own the fruits of its innovation efforts, and whether it might be sued for infringement.
However this should not drive the innovation process! Relying on patent whitespace analysis to determine innovation strategy is akin to making a decision on buying an investment property decision primarily on basis of the absence of other investors in the area.
That's all for now from me and I look forward to seeing you all in class on Monday.
As always feel free to watch the video below for a discussion on the above!
I really liked your interest on white space analysis! I really liked that you talked about both the positives and negatives about this idea and properly evaluating the topic. Very cool. I also really like your bolding, it made the words and ideas that you wanted to emphasize very clear.
ReplyDeleteOliviero,
ReplyDeleteI really loved your analysis on whitespace for it provided a more complicated, and accurate, view of the patent landscape as opposed to the one initially perceived to have been presented by Ms.Kasznik. Specifically, I liked how you explained that just because there is an absence of patents in a certain industry that does not necessarily imply that the industry has a high potential. While it is quite possible that the industry is waiting to be the next big thing, it is also quite possible that the lack of patents in that industry reflects an actual lack of growth potential in that industry.
From a computer science perspective, it'd be extremely interesting for me to know if there has been any work in the identification of such whitespaces. But, finance and making money is usually the first things people apply these algorithms to, so probably so.
See you soon Oliviero,
Best,
Doron
Hey Oliviero! I agree with Doron and Aradhana, you did a great job walking about the aspects of white space analysis.I liked how you gave a brief summary/definition of white space analysis in terms of the patent world early on in your blog post, it made it an easier read, and someone not in this class would have an easier time following along because you made sure to include this.I agree with you, it should not drive the innovation process. This was a great blog post, I wish you good luck in all of your other classes and it has been a joy reading your blog posts this semester.
ReplyDeleteGreat post Oliviero! I liked how you managed to build a entire blog post over one term. Definitely helped expand our knowledge of that concept. Next time try to have more consistent font, size, and spacing across the blog. Did make it a little difficult to follow along and stay focused.
ReplyDelete