tag:blogger.com,1999:blog-5574479.post5872137033258004977..comments2024-03-29T06:00:27.896+00:00Comments on The IPKat: Wednesday whimsiesVerónica RodrÃguez Arguijohttp://www.blogger.com/profile/05763207846940036921noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5574479.post-37951859708859204602010-11-13T09:13:37.685+00:002010-11-13T09:13:37.685+00:00I'm very sorry if one of you didn't find t...I'm very sorry if one of you didn't find the website self-explanatory. We've been through a round of SEO that has helped our Google rankings but may have obscured our purpose! We are working on it at present.<br />(1) what we actually do is provide a system whereby innovative organisations can define their IP and intangibles, derive an indicative valuation for them (developed with Grant Thornton), and publicise what they've got. The key purpose is to enable them to be leveraged for fundraising, licensing and collaboration.<br />(2) I guess that depends what you mean by technology. We're not (primarily) scientists. But as a team we know a great deal about how to register assets. And one of our non-execs led the IP Wales initiative, so we know a bit about IP too.<br />(3) I get the joke, but there is absolutely no irony here. Intangible assets account for three-quarters of the value attributed to many quoted companies. The traversty in the current system is that many firms can't leverage this value without selling the business. That's one of the things we're working to address.<br />(4) a Dilbert fan perhaps? Me too.Martin Brassellhttp://www.inngot.comnoreply@blogger.comtag:blogger.com,1999:blog-5574479.post-11340153451990682362010-09-29T14:47:08.946+01:002010-09-29T14:47:08.946+01:00The Inngot home page does have a link to businessl...The Inngot home page does have a link to businesslink.gov.uk which makes extensive references to "intangibles" and contains information which explains the significance of such assets and the way that their values ought to appear on balance sheets under the new accounting regulations. <br /><br />Having been peripherally involved in valuing IP [mainly on the technical input side], my impression is that it is as much an art as a science [confirmed by some of the info at businesslink.gov.uk]. Possession of a crystal ball would definitely be an asset, but failing this, you need input from people who have knowlege of the business and insight into the way that technology is likely to develop. <br /><br />IP which might appear to be highly valuable today can be rendered worthless by developments in technology: Polaroid's patents were very effective in driving Kodak out of the instant picture market, but advances in digital photography would have have made them irrelevant by now had they still been in force. Likewise, ownership of the patents covering the MAC TV system looked set fair to be highly lucrative insofar as the EC had actually passed a directive requiring all new TVs to be fitted with a MAC decoder. Developments in Digital TV technology soon rendered MAC obsolete, and the directive was quietly withdrawn.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5574479.post-83885550589704173982010-09-29T10:18:59.168+01:002010-09-29T10:18:59.168+01:00Well, I spent fully five minutes on the Inngot web...Well, I spent fully five minutes on the Inngot website and I established the following:<br />(1) I still don't really know what they actually do<br />(2) None of them seem to have any technology background whatsoever<br />(3) There is an emphasis on "intangibles" which may be (i) irony or (ii) ironic<br />(4) Some CEO's tasked to set out a strategic vision may find Inngot's value-added service a vital benchmarking tool going forward. (See (3)(i), above)Anonymousnoreply@blogger.com