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Licensing Innovative Products: Dyson Case Study

The text refers to James Dyson's difficulties in licensing his innovative vacuum cleaner
(see http://www.cdf.org/issue_journal/dyson_fills_a_vacuum.html for further information).

What lessons would you draw from Dyson's experience concerning the use of licensing by small firms to exploit innovation?

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The text refers to James Dyson's difficulties in licensing his innovative vacuum cleaner (see
http://www.cdf.org/issue_journal/dyson_fills_a_vacuum.html for further information). What lessons would you draw from Dyson's experience concerning the use of licensing by small firms to exploit innovation?

From Dyson's difficulties in licensing his vacuum cleaner you can see that licensing an innovative product is tough. Larger companies often can't see the vision, or if they can, they have the ability to ...

Solution Summary

This detailed solution outlines the lessons learned from Dyson's experience in licensing his vacuum cleaner, and the problem of small firms trying to exploit innovation, gain capital, and maintain control. It includes links and examples.

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