ipPerformance Group is a leading Intellectual Property Asset Management (IPAM) advisory and benchmarking service. ipPerformance Group has benchmarked the IPAM practices of more than 350 world-class companies. In particular, they have conducted extensive surveys on IP and inventor recognition programs in hundreds of companies, from Fortune 100 on down.
The key finding in these surveys related to the effectiveness of a well-structured and well communicated inventor recognition program. The metric used was idea disclosures. In summary, close to 60% of the respondents indicated that they saw significant increases of idea disclosures when they implemented an inventor recognition program.
These findings make a conclusive business case for implementing and promoting an inventor recognition program.