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Best-Selling Author Stephen Covey and Priceline.com Founder Jay Walker Offer Key Insights

Tuesday, March 11, 2014  
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Best-Selling Author Stephen Covey and Priceline.com Founder Jay Walker Offer Global IP Leaders Key Insights at LES (USA & Canada) IP100 Executive Forum
Closed-door summit provided rare opportunity for top decision makers and thought leaders to discuss pivotal IP business issues and strategies for leveraging partnerships to boost innovation and operating company value

WASHINGTON, March 11, 2014—Renowned American innovators Stephen Covey and Jay Walker joined nearly one hundred global business leaders to discuss the vital and growing role of partnerships in driving technology and innovation in today's competitive global market during the Licensing Executives Society (U.S.A. and Canada)'s recent 2014 IP100 Executive Forum.

Keynote presentations offered attendees unique perspectives about the underlying interpersonal dynamics that affect business success. Stephen Covey, a New York Times and Wall Street Journal best-selling author and Co-Founder of CoveyLink and the FranklinCovey Global Speed of Trust Practice, presented "Trust: A Key Ingredient in Business Collaborations," which emphasized that trust, more than Euros, Yen or dollars, is the currency of the new global economy, and a critical leadership competency.

Jay Walker, Chairman of Walker Digital, Chairman of Patent Properties and Founder of Priceline.com, shared valuable lessons learned in innovation and IP management in "Cooperation vs. The Blame Game: Unleashing American Ingenuity." 

"The experience shared by IP100 participants is truly priceless. You learn what really happens in the trenches of varied licensing deals, and relationships," said Marc Schwartz, Chief Operating Officer, Bob Mackie Design Group, Ltd. "Each year I've been involved has opened my eyes to how I handle existing deals, and equally important, how to approach new deals. On top of the wealth of knowledge learned and shared with colleagues, you become friends with incredibly bright and interesting people in the licensing world. It's an extraordinary event."

The two-day summit also featured interactive panel discussions with executive speakers from operating companies such as Cubist Pharmaceuticals, DuPont, ExxonMobil, Microsoft and Rockwell Collins covering the creation and management of partnerships, followed by small roundtable discussions that facilitated candid peer-to-peer information sharing about key IP business challenges, strategies, best practices, deal making and organizational alignment across industry sectors.

Attendees also participated in workshops that explored ground-breaking approaches to partnering and several real-world examples of successful partnership models including joint ventures, consortia and industry-university collaboration.

"The IP100 is one of my favorites every year," said Wesley Blakeslee, Executive Director of Technology Transfer, Johns Hopkins University. "The mix of licensing and deal making professionals from all industries, and the particular format of unbridled discussion, provides insights unavailable at other meetings."

A summary report will be made available exclusively to attendees. The 6th annual IP100 Executive Forum will be held at the Arizona Biltmore in March 2015.

Later this month, LES (USA & Canada) will host its first-ever Mid-Year Meeting. The event, which will run March 25-27 in New York, will feature a multi-track program delivered by industry leaders who will focus on up-to-the-minute issues, developments, trends and tools that are shaping the IP industry in each of six areas of interest: Legal; Life Sciences; High Tech; Consumer Products; Industry/University/Government; and, Chemicals/Energy/Environment/Materials. For more information or to register, visit www.LES2014meetings.org.

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About the Licensing Executives Society (U.S.A. and Canada), Inc.
Established in 1965, the Licensing Executives Society (U.S.A. and Canada), Inc. (LES) is a professional society comprised of over 4,500 members engaged in the transfer, use, development and marketing of technology and intellectual property. The LES membership includes a wide range of professionals, including business executives, lawyers, licensing consultants, engineers, academicians, scientists and government officials. Many large corporations, professional firms, and universities comprise the Society's membership.  Licensing Executives Society (U.S.A. & Canada), Inc. is a member society of the Licensing Executives Society International, Inc. (LESI), with a worldwide membership of more than 10,000 members in 32 national societies, representing over 90 countries. For more information on LES, see www.lesusacanada.org.