VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (20041)	6/12/2000 9:28:00 PM
From: Peter O.	Read Replies (3) of 27311

Interesting Article on Intelectual Property... BUSINESS WEEK E.BIZ -- INTELLECTUAL PROPERTY Info Wars In the new Net world, it's not who owns information who wins. It's who can exploit it first--and most profitably June 5, 2000 EB pp 107-116 [Print edition and also online at businessweek.com There has been alot of emphasis placed on VLNC patents which are certainly very important. In addition, posters here complain about Lev's secrecy. I found the following info in this article which seems to substantiate what Lev is trying to do to make Valence's technology a success.: "Tighter [patent] laws may not be the answer [to protect intellectual property]. A study by Carnegie Mellon economist Wes Cohen shows that patenting is only the fifth-most-important factor necessary for companies to make money from their innovations. Secrecy, lead time, sales skills, and manufacturing capabilities all ranked higher. Surprised? Economists aren't. Cohen's research confirmed work done in the 1980s by Yale University's Richard C. Levin. He found that patents were the most important protection for investment in only a few industries, notably drugs." Comments?? Long Valence Peter

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