I did a lot of research for the book material. I have testified in court on many occasions on technology, innovation and patent issues. I have founded two successful technology companies and invested in many more. Ergo, I am not a neophyte on the issue. Yet the foundation criteria for creating innovation escapes genuine identification, duplication and application.
A simple Google search on innovation yields several million search returns. How to do it? The criteria for innovation? Research? Benchmarks? The books and suggestions are endless, but none are innovative. Most restate the obvious.
The government holds hearings on what can it do to foster innovation. Foundations spend millions on innovation policy research. Does any of it matter? Does any of it effect innovation, presuming we could measure it in the first place? Arizona has established a new position in the city government to foster innovation among the various departments. The signs are pervasive that innovation is a conversation starter. Everyone has an opinion. Everyone has an anecdotal example.
July is a good time to read the constitution. Why? Because the United States constitution is more than just about inalienable rights. For example, Article 1, section 8, clause 8 of the United States Constitution is profound. It was likely written by a distant relative of Steve Jobs or other innovation-minded American, such as Robert Goddard. However, America's quest, to provide protection and encourage innovation, is not without global risks. We are slowly losing our ability to protect our innovations. Think not? Law firms estimate it costs an average of $1.3 million to defend a patent in court. And 30% of the patents defended in court are overturned on the basis of prior art.
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