Wellspring Blog

Although open innovation serves as a path towards greater openness in product innovation and organizational growth, it is not immune to the typical failures that can be found within any business system. Failures in open innovation programs don't necessarily mean that open innovation itself is... Read More

With so many opportunities for R&D and patenting, how do research teams and IP managers determine viable opportunities? Through the use of patent landscaping, teams can focus their R&D efforts and identify industry trends that can help steer their internal efforts. Read More

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In order to be competitive, firms need to move past the antiquated view of intellectual property management: simple management of documents, deadlines, and other legal processes. Given the tools available and deep impact that IP management has on firm performance, effective IP management is much... Read More

The 2017 R&D Trends Forecast by the Industrial Research Institute estimates that global R&D investment will increase by 3.4% in 2017 to $2.066 trillion with academic institutions and federal labs making up a significant portion of that total. Government and academic researchers play a critical role... Read More

Every organization and large company faces an existential threat from upstart competitors, changing consumer preferences, and emerging technologies. Since 2001, 52% of the Fortune 500 has disappeared. Furthermore, since 1955, the average lifespan of the Fortune 500 company has decreased from 75 to... Read More

Intellectual property management requires a disciplined and rigorous approach that ties up valuable staff time and attention. Fortunately, docketing software can help small teams to get more done by empowering IP counsels, paralegals, inventors, and technology managers work smarter. With... Read More

Research and development (R&D) is the lifeblood of innovation. Universities, corporations, state and federal agencies, laboratories, and nonprofits all utilize R&D to advance scientific discovery and generate innovation that creates jobs and improves quality of life. This issue of the Illinois... Read More

While there are many reasons to attend the Sophia User Group Meeting, some are better than others. To help, we've summarized some of the best below:  Read More

With docketing being one of the most crucial functions for intellectual property management, offices need an effective IP docketing system that can reduce spending and labor needed to process and maintain intellectual property claims. Fundamentally, IP docketing software functions like a virtual... Read More