Don Tapscott And Anthony D. Williams

Not all companies need a war chest of IP, but those that have none weaken their hand in the very negotiations required to get access to external IP in the first place. Without ideas and inventions of their own they may have little to use as bargaining chips in licensing and cross-licensing negotiations. They are forced by default to give up cash and/or royalties instead.

Don Tapscott and Andrew D. Williams, Wikinomics: How Mass Collaboration Changes Everything, Chapter 4 (Ideagoras; Getting the Right Ratio)


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