Procurement and supply chain professionals rely upon competitive market dynamics. After all, competition drives innovation, cost savings, efficiency, and - profit.

Anything that changes the dynamics around the benefits associated with disclosed innovation has the potential to alter how companies invest, how much of that information they make public, and, ultimately, the value and diversity of solutions available to consumers of all kinds.

In this week’s episode of Art of Supply, Kelly Barner welcomes back Wen Xie. Wen is a Washington D.C-based patent attorney who is tuned into how changing policies and regulations alter the value proposition associated with the patent process, one that exists to benefit the general public in exchange for certain protections.

In this episode of the Art of Supply podcast, Kelly and Wen discuss:

• The basic premise behind the current U.S. patent system
• Pending changes to how the government gets involved in patents they invested to support
• How changes in cost and associated protections may affect how and when companies invest in patents

Links:

• Wen Xie on LinkedIn
• Guarding Private Incentive to Innovate featuring Patent Attorney Wen Xie
• Kelly Barner on LinkedIn
• Art of Supply LinkedIn newsletter
• Art of Supply on AOP
• Subscribe to This Week in Procurement