1. 1 WIPO/INV/BEI/02/19 SECOND INTERNATIONAL FORUM ON CREATIVITY AND INVENTION – A BETTER FUTURE FOR HUMANITY IN THE 21 ST CENTURY Beijing, May 23 to 25, 2002 INVENTORS, INNOVATORS AND CREATORS - THE INTELLECTUAL CAPITAL OF NATIONS prepared by Mr. Timo Kivi-Koskinen, President, Finnish Inventors’ National Federation (KeKe), Helsinki (Finland)

2. 2 The Intellectual Capital of Nations 1.How inventors, innovators and creators benefit from their achievements? 1.What should be the contribution and benefit of the state/government? 2.Different roles of employee inventors and invidual inventors in the innovation cycle? 3.Inventors – are the non-conformists that rock the boat of comfort and tradition? 4.Can an inventor become a millionaire? 5.Who should benefit from the flash of creativity and how?

3. 3 The Intellectual Capital of Nations 1.1 Who is the Inventor, Innovator or other Creator? similarities; differencies; achievements.

4. 4 The Intellectual Capital of Nations 1.2 Ownership: protection; value; copyrights.

5. 5 The Intellectual Capital of Nations 1.3 Forms of benefit: sale, price; comission; royalty; eguity gain; sharings.

6. 6 The Intellectual Capital of Nations 1.4 Steps from creative achievement to revenue: Artistic work (book, composition etc.); Design; Invention; Major differencies; What could be done? Simplify patent process; Longer patent time; World patent; Copyright; Patent.

7. 7 The Intellectual Capital of Nations 2. How Should Create Benefit?

8. 8 The Intellectual Capital of Nations 2.1 Creators should survive through the hard creative process 2.2 Creators should have means to develop their ideas to achievements 2.3 Creators should have/find a network to implement/commercialize their achievement 2.4 Creators should get a fair share of the income that their achievements generate 2.5 Inventions are born, what is a good deal?

9. 9 The Intellectual Capital of Nations 3. What should the contribution and benefit be of the State/Government? 3.1 Climate, Industry, University, Private sector 3.2 Overall policy 3.3 IPR-system 3.4 Finance and other support (knowledgement, network) 3.5 Communication (internet etc.) 3.6 Support to marketing tools and channels 3.7 Training for inventors

10. 10 The Intellectual Capital of Nations 4. Basic Difference: Restriction; Freedom.

11. 11 The Intellectual Capital of Nations 4.1 Differences in Acces to: problems; information; resources; production; financing; markets; presentation.

12. 12 The Intellectual Capital of Nations 4.2 Challenge of Timing Market needs. Competitors achievements. State of the art situation. Optimal protection of inventive idea. From the idea to the market.

13. 13 The Intellectual Capital of Nations 5. Inventors – Are they Non-Conformists that Rock the Boat of Comfort and Tradition? One can say that the best inventors have during the centuries rocked the boat. At the same time the good inventions have made the world more solid and stable.

14. 14 The Intellectual Capital of Nations 6. Can Inventor Become a Millionaire? Individual inventors can risk all in his/her life with an invention. Chances in his/her situation are minimal if he/she is alone. The partners and a good network at the earlist possible stage are essential for an inventor’s survival (if he has not born rich), and for succes of the invention. Some of the richest people on Earth are inventors, but some are also the poorest.

15. 15 The Intellectual Capital of Nations 7. Who Should Benefit from the Flash of Creativity and How? Everyone who has influnced the invention process remarkably, who has contributed to a great extent to the process from a flash to the product on the market. A wise inventor invites everyone needed to participate in the process. All who have taken capital or other kinds of risk, like the inventor has taken, from the moment of the flash/idea and all that follows and how should they also benefit from the succes of the invention.