Pittsburgh, PA and Needham, MA (December 5, 2006) Yet2.com, a founding
Affiliate Member of Business Growth Alliance, LLC (BGA), held its Eighth Executive
Briefing on the topic of: Accelerating Innovation: The Role of Technology
Transfer on November 5-7, 2006 at the Royal Sonesta Hotel in Cambridge,
Massachusetts. Over 140 business leaders and licensing executives, representing
over 70 Fortune 500 or Fortune 1000 companies from Asia, Europe and North America,
attended this year’s Briefing.
“Representatives from some of the most active technology licensing companies
in the world were here discussing how and what they license or are interested
in licensing,” said Ben duPont, President of yet2.com.
Yet2.com’s Executive
Briefing is organized for Chief Executive Officers, Chief Technology Officers,
R&D Executives, Strategic Intellectual
Asset Managers, Licensing Executives, and Business Managers. During the
conference, the attendees gained insight on best practices from business leaders
who have demonstrated Open Innovation success. The briefing focused on process
insights from those who are doing it well, and practitioners and decision-makers
delivering specific suggestions to make technology acquisition and/or technology
licensing efforts successful.
This years Keynote Speakers were Mr. Henry M.
Chesbrough, Executive Director, Center for Open Innovation, Haas School of
Business, University of California Berkeley; John Sculley, Former CEO, Pepsi-Cola
and Apple Computer; Esther Dyson, Editor-at-Large, CNET Networks; Dr. Dave
N. Edwards, Chief Technology Officer, Avery Dennison; Cheryl Perkins, Chief
Information Officer, Kimberly-Clark; and Dr. R.W. van Leen, MBA, Chief Information
Officer, DSM Innovation Center.
For the second consecutive year, yet2.com devoted
a full morning to 15-minute overview presentations, which were made by promising
companies that are working on cutting-edge technologies, and presentations
by serious technology-seekers. The technology sessions were focused on
four specific high-interest technology areas: Medical Devices and Diagnostics;
Coatings and Adhesives; Electronics and Information Technology; and Consumer
Products Technology.
“The world of technology is increasingly global,” said
Mr. Phil Stern, CEO of yet2.com. He added, “With such a concentration
of the world’s leading R&D, the Briefing is an important opportunity
to accelerate the creation of an open and efficient marketplace for IP.”
Mr. James C. Bly Jr., Co-Chairman of BGA and CEO of Source
Companies, LLC, was in attendance and said, “The conference provided an open forum to
share ideas, research and best practices for improving the technology acquisition
and licensing process. The participation by such keynote speakers as Mr. Chesbrough
underscores the importance of open innovation and its growing role throughout
the world in all industries. Business Growth Alliance, LLC is pleased
to have yet2.com as an Affiliate Member. We have recently been focused
on a series of regional workshops, which are designed to develop awareness
among middle market companies about the important role that Open Business can
play in their growth strategies.”
ABOUT BGA
Business Growth Alliance, LLC (BGA)
is a National Network of seasoned, professional services firms, which are dedicated
to providing growth advisory and investment banking services to middle market
and family-owned companies and their principals. In addition to their core
growth advisory and investment banking services, BGA Member Firms collaborate
to address the strategic growth, capital formation, owner liquidity, and governance
needs of such businesses and their owners. The eight Founding Affiliate Members
of BGA include: de Visscher & Co.,
Source Companies, LLC, yet2.com, The Pursuit Group, Tenzing Consulting,
Value Defined Middle Market, LLC, Asher Training, and US China Business Solutions
Inc. More information concerning BGA can be found on its website: www.bgallc.net.
ABOUT YET2.COM
Yet2.com provides intellectual property consulting and licensing
services to world-class clients around the globe. Yet2.com Inc and
its online marketplace were founded in 1999 to promote technology licensing
and transfer, with joint investment from Siemens, Bayer, Honeywell, Dupont,
Procter & Gamble, Caterpillar, and NTT Leasing. The privately held company
has offices in the United States, Europe, and Japan. Its clientele consists
of a quarter of the Fortune 1000. Yet2.com draws upon its global
network of technology leaders in thousands of companies across all industries,
to establish productive dialogs quickly.
To Contact BGA:
Manning J. O’Connor II
Executive Director
Business Growth Alliance, LLC
Telephone: (724)-933-6650
Fax: (724) 933-6099
moconnor@bgallc.net
www.bgallc.net
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