#35 IP in Innovation Processes

Koukounis emphasises the often-overlooked value of incremental improvements and advocates for closer collaboration between engineers and IP departments to identify and protect these innovations through patents. The discussion uses the example of modified excavator teeth to illustrate how strategic IP design can secure market advantages. Ultimately, the piece argues for a shift in perspective where IP is viewed as a strategic business asset rather than just a cost, requiring better understanding at the executive level and encouragement of inventive thinking among engineers.