The Business of Innovation

November 3rd, 2010

One of the key factors in getting the US economy going again is innovation. Innovation has been the hallmark of America’s contribution to science and technology. Everything from the space program to the Internet have been led by the US, yet today we are falling behind. This week on Business Matters, we ask: Is there a new paradigm for innovation that can revitalize our ability to generate new opportunities? Plus, what is the impact of intellectual property rights in bringing the value of innovation home?

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[audio: Business of Innovation.mp3]

Beyond the News, With Contributor
Catherine Austin Fitts

Catherine Austin Fitts has an unparalleled perspective on the current banking crisis, having witnessed the corruption in the market during the first Bush and Clinton administrations. Since then, she’s become the founder and managing member of Solari Investment Advisory Services, LLC. and President of Solari, Inc. an online media company focused on ethical investment. She’s also been president of The Hamilton Securities Group, investment bank and financial software developer and an Managing Director and member of the board of Wall Street investment banking firm Dillon Read & Co. Inc. (She writes about her experience there in Dillon Read and the Aristocracy of Stock Profits.)

Robert Dunham – Founder, Enterprise Performance; Author, The Innovator’s Way: Essential Practices for Successful Innovation

Robert Dunham, founder of Enterprise Performance, works closely with executives and management teams to design competitive enterprises. He has been developing the content of the Mastering Professional Management (MPM) program since 1981, drawing from his own executive experience, from consulting for companies, and from producing executive and management development programs.

Prior to founding Enterprise Performance in 1993, Bob was a Vice President of consulting for Business Design Associates (BDA), an international business process redesign firm. Prior to working with BDA, Bob was Chief Operating Officer for Action Technologies, Inc., and co-holds two patents for their ActionWorkflow technology. Prior to that he served as Vice President of System Development for Motorola Computer Systems, where he directed the development of three hardward and software system product lines and delivered over one hundred and fifty software product releases to the marketplace. Earlier in his career, he led the on-board software development team for the Hubble Space Telescope for several years.

Bruce Lehman – President, International Intellectual Property Institute

Bruce Lehman is the former President and CEO of the International Intellectual Property Institute (IIPI), a non-partisan, not-for-profit organization, based in Washington, D.C. The Institute promotes the creation of modern intellectual property systems and the use of intellectual property rights as a mechanism for investment, technology transfer and the creation of wealth in all countries of the world.

Lehman is a member of the Policy Advisory Commission to the Director General of the World Intellectual Property Organization (WIPO), the specialized United Nations agency headquartered in Geneva, Switzerland. From August 1993 through December 1998, Lehman served as Assistant Secretary of Commerce and U.S. Commissioner of Patents and Trademarks. As the Clinton Administration’s primary representative for intellectual property rights protection, he was a key player on these issues, both domestically and internationally.

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