Innovation Management Partners, LLC, a technology transfer (http://www.innovationmgt.com/TechnologyTransfer.cfm) specialist who assists organizations to grow by sourcing new technologies and intellectual property, and Niakwa, Inc. (http://www.niakwa.com), provider of high quality, high performance, highly portable development software, signed a strategic alliance agreement on January 9th, 2007.
Innovation Management Partners, LLC, a technology transfer
(http://www.innovationmgt.com/TechnologyTransfer.cfm) specialist who
assists organizations to grow by sourcing new technologies and
intellectual property, and Niakwa, Inc.
(http://www.niakwa.com), provider of high quality, high performance,
highly portable development software, signed a strategic alliance
agreement on January 9th, 2007.
For any growth-driven company like Niakwa, finding the new technology
that fits strategically with their product development growth plan is
critical to success, now more than ever. A quote from Alan Greenspan,
former Chairman of the Federal Reserve, gives some perspective. He said, “…the
increase in the value of raw materials has accounted for only a fraction
of the overall growth of the U.S. GNP. The remainder…has
occurred in the development of ‘ideas’
in products and services that consumers’ value.”
A 2003-04 McKinsey report confirms this, citing that U.S. licensing
revenues have increased from $15 billion in 1990 to $120 billion in
2003, and are expected to reach $500 billion by 2010.
Finding the right innovation at the right time though, can be daunting.
In 2005, universities and research labs secured a total of 7,000
patents, yet only 500 of them (7%) made it into the marketplace. That
means that 6,500 (83%) of these patented inventions and ideas for
improvements were stuck on the shelves of their developers, not being
put to productive use in the world around them.
There are millions of matches available to be made between the creators
of new technologies
(http://www.innovationmgt.com/ServiceTechnologyAcquisition.cfm)
and companies like Niakwa, Inc
(http://www.niakwa.com), who can extract the full potential of their
value in the marketplace. Jason Dederich, President of Niakwa said,
"Growth is a key to success in any business, and growth requires
innovation. The wise executive realizes that there are tremendous
opportunities surrounding innovations that originate outside his or her
own organization. Yet the demands of running a business are such that it
is difficult to create the time and the network necessary to find these
outside innovations. To me, therein lies the greatest value of the Innovation
Management service
(http://www.innovationmgt.com/ServiceStrategicRelationships.cfm) –
reaching the previously unreachable technologies, evaluating them, and
putting them within my grasp.”
“Innovation Management looks forward to
working with Niakwa to identify potential technologies that will expand
their product offering, and acquisition opportunities that fit its
strategic vision for growth,” commented Jeffery
Bruce (http://www.innovationmgt.com/CompanyManagementTeam.cfm) ,
Managing Partner, Innovation Management Partners, LLC. Through its
strategic alliance programs, Innovation Management assists companies in
enhancing their new product development pipeline with the acquisition of
proprietary intellectual capital from universities and laboratory
research centers.
For additional information on locating new technologies outside the
borders of your own R&D Department or matching your own internally
developed innovations to interested buyers in the marketplace, visit www.innovationmgt.com
(http://www.innovationmgt.com).
About Niakwa, Inc. - Privately owned, Niakwa is headquartered near
Chicago with its research and development laboratory in Winnipeg,
Canada. Since the early 1980s, Niakwa has provided high quality, high
performance, highly portable development software and services to
application developers worldwide. For more information about Niakwa,
Inc., please visit its website at www.niakwa.com
(http://www.niakwa.com).
About Innovation Management Partners, LLC - Innovation Management
Partners, LLC provides comprehensive solutions for transforming and
embracing the Innovation Ecosystem, by helping companies commercialize
and source new technologies, managing intellectual property, and
providing intellectual property consultation. Innovation Management is a
leader in technology transfer and providing unparalleled access to
breakthrough technologies. Whether it is sourcing from Asia, Europe, or
North America, Innovation Management is developing a network to source
technologies. For more information about Innovation Management Partners,
please visit its website at www.innovationmgt.com
(http://www.innovationmgt.com).
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