One of the more beneficial side effects of the smartphone patent wars could be a renewed awareness of the role savvy intellectual property management can play in revenue strategies.
image: http://feeds.directnews.co.uk/feedtrack/justcopyright.gif?feedid=3832&itemid=800873528 --- # [](https://www.innovation-asset.com/) - [Decipher®](https://www.innovation-asset.com/products-decipher) - [Services](https://www.innovation-asset.com/products/professional-services-0) - [Resources](https://www.innovation-asset.com/resources) - [Blog](https://www.innovation-asset.com/blog) - [About Us](https://www.innovation-asset.com/about) - [Contact Us](https://www.innovation-asset.com/contact) # Innovation Asset Blog # Strategic lessons may be silver lining in smartphone patent wars by [Peter Ackerman](https://www.innovation-asset.com/blog/author/peter-ackerman) Just about every leading brand in the mobile device marketplace has found itself embroiled in one form of patent litigation or another within the past year. But as these so-called patent wars foster an unfortunate climate of hostility, one of the more beneficial side effects could be a renewed awareness of the role savvy [intellectual property management](https://www.innovation-asset.com/solutions/) can play in revenue strategies. To get a sense of the significance that patents now hold in the mobile technology space, one need only make note of the remarks made by Google executive chairman Eric Schmidt during a recent press engagement in South Korea. According to CNET, it was only a matter of moments before the discussion of the company's new line of tablets turned into a conversation about its history of patent disputes with Apple. Even a few years ago, according to New York Times columnist Steve Lohr, there would have been little chance of patents making the list of talking points. "Traditionally, patents sat on corporate shelves and were occasionally used as bargaining chips in cross-licensing deal with competitors," Lohr wrote. "But that began to change in the 1990s, when technology companies like Texas Instruments and IBM started to regard their patent portfolios as sources of revenue, licensing their intellectual property for fees." With these dealings becoming less the exception and more the rule in industry headlines, interest in similarly strategic moves is now trickling down to the broader business community. According to the Times, there could be a flurry of activity in the next few years as some market segments start to realize to potential of IP commercialization for the first time.  ### [Peter Ackerman](https://www.innovation-asset.com/blog/author/peter-ackerman) Founder & CEO, Innovation Asset Group, Inc. [September 27, 2012](https://www.innovation-asset.com/blog/strategic-lessons-may-be-silver-lining-in-smartphone-patent-wars) ### Subscribe to Email Updates ### Introducing Decipher® ### Categories - [Intellectual Property Management (459)](https://www.innovation-asset.com/blog/topic/intellectual-property-management) - [Commercialization and Licensing (210)](https://www.innovation-asset.com/blog/topic/commercialization-and-licensing) - [Invention Disclosure (201)](https://www.innovation-asset.com/blog/topic/invention-disclosure) - [Innovation Strategy (20)](https://www.innovation-asset.com/blog/topic/innovation-strategy) - [Ideas for Good (6)](https://www.innovation-asset.com/blog/topic/ideas-for-good) - [Innovation Team (3)](https://www.innovation-asset.com/blog/topic/innovation-team) ### News Archives - [January 2013 (26)](https://www.innovation-asset.com/blog/archive/2013/01) - [September 2012 (25)](https://www.innovation-asset.com/blog/archive/2012/09) - [October 2012 (22)](https://www.innovation-asset.com/blog/archive/2012/10) - [November 2012 (22)](https://www.innovation-asset.com/blog/archive/2012/11) - [November 2010 (21)](https://www.innovation-asset.com/blog/archive/2010/11) - [February 2011 (21)](https://www.innovation-asset.com/blog/archive/2011/02) - [July 2012 (21)](https://www.innovation-asset.com/blog/archive/2012/07) - [December 2012 (21)](https://www.innovation-asset.com/blog/archive/2012/12) - [January 2012 (20)](https://www.innovation-asset.com/blog/archive/2012/01) - [March 2012 (20)](https://www.innovation-asset.com/blog/archive/2012/03) ##### Portland, Oregon USA ##### © Innovation Asset Group, Inc. ##### [Privacy Policy](https://www.innovation-asset.com/privacy-policy/) | [Terms & Conditions](https://www.innovation-asset.com/terms-and-conditions/) | [Contact Us](https://www.innovation-asset.com/contact/) -