Results matching “John Farmer”

Essential IP Knowledge for Modern Business

By John B. Farmer

What should you know about intellectual property (IP) to make it in business?

IP is becoming, and may already be, the dominant business asset of the U.S. economy. A study based on 1998-2004 data by Stephen E. Siwek of Economists Incorporated found that IP industries in the U.S. contributed 40% of U.S. business growth and that they account for 20% of private industry’s contribution to total U.S. gross domestic product.

By John Farmer -

Imagine this: A guy walks into the office of a commercial real estate broker and says he wants to buy and develop a piece of commercial real estate as his new business venture.

"Fine," says the broker. "What kind of real estate did you have in mind? Office building? Strip shopping center?"

"Office building," replies the customer. "I'm all set up. I've got my office leased and set up, computer system ready, staff hired, letterhead printed, architects retained and coffee brewing. I'm ready to roll."

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