LESI Innovation Award

In his term, 2021-2022 LESI President John Paul named as one of his 7 LESI Priority Areas identifying accomplishments and presenting awards. In line with this priority, we are pleased to announce the launch of a new LESI award: the LESI Innovation Award. Upon recommendation of the LESI Awards Committee, this award will be administered by the LIT Task force.

LES members and other (non-member) licensing professionals are invited to submit nominations. The goal of this new award is to highlight recent case studies in innovations and licensing – to recognize innovative approaches in licensing technology that lead to long-term market innovations and differentiation. Higher scores will be given to inclusive and impact-driven deals. The winner and a subset of the nominees will be used as learning tools to be shared with and discussed by LES members to understand the elements that contributed to the success of the nominee.

The main criteria for the LESI Innovation Award are as follows:

  1. The value created by the innovation -- Solid invention value creation process. Preference will be given to more collaboration in the ideation of the IP and multiple IPR and human actor competency assessments;
  2. The Market Value of the Innovation -- Teamwork and partnerships, beyond R&D, market value and IP – more credit is given to anticipatory planning and activation;
  3. Conduct of Contractual Arrangements – a comprehensive value chain analysis (from raw materials to consumers) is given more points; and
  4. Alignment with Trends / Focus Areas Identified by LESI - the more factors of change affected (New Tech, New Actors, New Context, New Products, EEAM, Trade Secrets), the more points given.

Please carefully review the criteria and the detailed guidelines provided here and consider submitting a nomination. All nominations must be submitted by 20 November 2021 to:

innovationawards@lesi.org

Review Committee: André Gorius, Tanja Sovic and Bayani Loste

The award will be announced at the LESI2022 Annual Conference in Venice, Italy next May.