How can they be better leveraged?
There are lots of ideas out there, but as we argue in a new paper, one of the most effective ways for the labs to increase their economic impact is for them to “go local” and engage more in the advanced industry ecosystems within which they reside.
You would go to the supermarket with your parents to buy the ingredients, rush home to the kitchen with your siblings to mix everything up, create your own lemonade stand sign, and then head out to the end of your driveway / sidewalk to offer neighbors a cup of watered-down lemonade for 25 cents. While 25 cents per cup wasn’t the greatest profit margin, you still felt the most successful entrepreneur in the world!
After leaving Geometric, the employee was caught trying to sell the software code to SolidWorks’ competitors. Because Indian law does not recognize the misappropriation of trade secrets, it was not possible to sue the individual. Since the source code belonged to SolidWorks — not Geometric — he technically had not stolen from his employer.