In fact, I believed then, and I still believe now that the best companies are leveraging intellectual property to grow revenues and build a competitiveadvantage.
If you align your innovation strategy and culture to your business model, build the right capabilities and execute well, you can elevate innovation into a competitiveadvantage.
The fundamental problem is that it is hard for management to realize that their competitive advantages of today are unlikely to last, and if they wait to build the next generation advantage until the warning signs are loud and clear, they have little hope of recovering their former glory.