Manufacturing Industry
Capitalism According To Mit
Electronic News, Nov 2, 1998
The Scottish Enterprise (Scotland's economic development agency) and Cadence are consulting with MIT's Robert Pindlyck, professor at the Sloane School of Business, to lay the groundwork for what it calls Virtual Components Exchange (VCX), based on options-based valuation for intellectual property. "It's as capitalistic as you can get," said Jack Harding, CEO of Cadence.
"We're investing as we go, but it's going to be an interesting infrastructure based on a sophisticated market model." Seven companies have already said they will back the IP exchange groupE
COPYRIGHT 1998 Reed Business Information, Inc. (US)
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