A recent article written by Jonathan M.W.W. Chu and published in the Washington and Lee Journal of Energy, Climate, and the Environment takes another look at the role of intellectual property in green technology innovation.
As someone that is passionately involved in getting clean tech businesses off the ground I can’t help thinking that some of the businesses in this space are missing a trick or five?
For the last few months I have been working with a renewable energy business that is crammed full of engineering and proven IP excellence, they have a strong business model, off-take agreements and contracts in place – an investors dream. But it is lacking one key ingredient – and that is business soul. The emphasis on the business is – due to the background of its people – driven on a project management and large corporate structures, they are keen to debate sign-on fees, investor restrictions, pension funds, multi-layered structures and confining operating procedures based on what they know.