Over the last 40 years, the global economy has evolved to one that values and prioritizes innovation. Intangible assets today account for 90% of the S&P 500's total market value, up from 17% in 1975. Every business today views innovation as critical, and so now the question for companies is how do you optimize conversion of that innovation into an asset class that can then be leveraged to make companies more valuable? Enter intellectual property.
On this episode of “On Aon,” host Sheena Singh speaks with Lewis Lee, CEO of Aon’s Intellectual Property Solutions about Aon's ground-breaking work identifying, valuing and protecting intellectual property (IP)—and finding ways to convert that IP into non-dilutive capital.
Additional Resources:
An overview of Aon’s IP Solutions and IP Liability Insurance
Insights and thought leadership content from Aon's IP Solutions team
Business Insider: How Aon is redefining the value of intellectual property
Deanna Emery, a Lead Data Scientist at Aon, shares more information on Aon’s work building out diversity solutions for inventors and creators
Press release: Aon's New Quality of Intellectual Property Solution Helps Companies Realize Full Value of their IP Portfolio
Tweetables:
“We live in an incredible economy that is innovation-driven.” — Lewis Lee
“Today every business is under disruption because of the technology revolution, and that’s great.” — Lewis Lee
“IP is the real classification of how you take innovation and make it into something tangible.” — Lewis Lee
“The more diverse your inventorship teams are, the better the assets you have coming out the other side.” — Lewis Lee