I was a fundraiser for 15 years. The implications of my survey’s findings on who funds, owns, and benefits from intellectual property created by nonprofits was always lingering in the back of my mind. Fundraising is not a new activity or new profession. I remember one of my grad school professors showing us a direct […]
After the analysis of the survey responses was complete, I found myself in a similar state of curiosity that I’d been in before the survey. There were more questions about intellectual property, management, and strategy that hadn’t been answered. Some of these questions for the basis of my ongoing study and work as a consultant. […]
Today’s survey data is all about whether nonprofits leverage their intellectual property assets to secure investments, like grants or donations. I don’t know of a single nonprofit that couldn’t use more. More money, that is. Money, as one type of asset accomplishes one critical thing: buying resources (talent, supplies, awareness) that enables achieving organizational objectives. […]
My pre-survey reading also highlighted the less obvious marketplace opportunity of recruiting and retaining people talent (Bingham and Spradlin, 2011). Showcasing intellectual capital assets to prospective board members and employees is a way to demonstrate expertise and strong operational skills. For recruiting board members, it’s a way to differentiate a nonprofit from others in the […]
My pre-survey reading opened my mind to the number of ways that intellectual property assets are used to expand market opportunities. Intellectual property is one asset that can be leveraged to grow or scale a nonprofit organization. It is something I have seen done by previous employers and clients. I wondered how prevalent it would […]
My pre-survey reading enlightened me to the myriad ways that intellectual property assets are used to expand market opportunities. Partnering with other brands or companies is one strategy for market expansion. I had worked at nonprofits that sought a variety of partnerships and I wondered how prevalent it would be within this sample. The 19 […]
I was also curious to know if nonprofit organizations were using their intellectual property assets to generate revenues through their own work as fee-for-service or other fees. At the time it seemed silly because fee-for-services represents about 80 cents of every dollar received by nonprofits. But, as that same article points out, that statistic is […]
The nine organizations that license their intellectual property to other organizations were then asked a series of questions about permission to modify and resell licensed IP. I asked this to get a better understanding of where respondents fit on the spectrum of protection for their IP asset. For example, did they prefer weak or strong […]
One of the ways intellectual property assets create value is in the ability to license the right to use the intellectual property to others. This can be for a fee or not. Either way, the owner’s stock of reputational or expertise capital grows simply by having a valuable asset that creates value and utility for […]
All of the nonprofits were asked who is authorized to make decisions regarding the use of organization’s Intellectual Property on behalf of the organization. This question is distinct from the one asked earlier about the day-to-day management because it gets at the strategic, rather than tactical, usage of IP. The nonprofits shared that: Comparing this […]