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tech track papers

Categories: 2019, Future Space

Intellectual Property: Pareto’s Enabler of Future Space

Most of us are familiar with the so-called “Pareto Principle”, the theory that 80% of the results derived from 20% of the activity in a given process. This is also known as the “rich-get-richer” principle or the “Matthew Principle” (“For to everyone that has shall be given, and he shall have abundance: but from him, that has not shall be taken away even that which he has.” Matthew 25:29), and is a natural phenomenon confirmed countless times in various peer-reviewed experiments and observations. But the rich get richer for a reason: They contribute to society in a way that benefits all, and in amounts exponentially disproportionate to the contributions of others in the same field – think about the iPhone, Windows, the personal computer and a host of other latter-day inventions even the exceedingly rich of just a few years earlier did not have. But those “super contributors” didn’t get to be in a class by themselves through sheer altruism and goodwill. They knew their inventions would make them rich, but that knowledge rested on the assumption of strong intellectual property (IP) rights and ownership protections. Two popular myths about IP continually recur in Silicon Valley startups and in government contracting circles: 1) There’s no sense in getting a patent on software; and 2) There’s no such thing as IP ownership in government contracts since the government is going to own it, anyway. Especially in FutureSpace, belief these myths has the potential to end the next “Big Thing” before it’s begun. This presentation will explore the roots of these myths, why every tech-savvy player needs to understand them, and what critical IP knowledge will arm the tech entrepreneur to succeed where so many others fail.

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Author: Mike Martensen
Topic: Future Space

  • Presentation Martensen, Mike - Intellectual Property Rights in Space.pdf

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