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Collaborative innovation: The case for a new legal framework

It's time to develop a new legal framework for collaborative fundamental innovation, say Eugene A. Fitzgerald and Andreas Wankerl

29 August 2013

As our innovation ecosystem changes over the decades, so does our need to innovate in legal frameworks that encourage high rates of innovation productivity, which is critical to economic growth.

Our current legal framework is still based on a concept of ‘linear innovation’, in which people do ‘long-term research’, some better ideas over time are selected for ‘commercialisation’, and an even smaller number make it to market as true innovations, demanding scale and creating higher-than-normal economic growth.

Although paths of innovation are linearised when recorded historically, the detailed micro-processes of innovation are not linear. The real innovation process requires risk-reducing iterations involving multiple parties over a long period of time.

In this paper, we review the way that the innovation...

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