Building your Inventor Rewards and Recognition Program Framework
The ipPerformance Inventor Rewards and Recognition (IRRP) Framework is a comprehensive process and planning guide that we use to optimize your inventor incentives to achieve business and technology objectives.
Making your incentive program work for you is vital to your innovation plans; otherwise it is an unmeasured entitlement program that doesn't benefit the business.
In our recent study of inventor rewards and recognition program best practices (in Download Center) we learned that most companies use a combination of financial rewards and non-financial recognition. Determining the right combination that achieves an optimal result for the business, legal group and inventor community is the goal of our IRRP framework.
ipPerformance Inventor Rewards and Recognition Program Framework
Our framework that ensures incentives lead to bottom-line results such as:
- increases inventions per capita
- increases return on R&D investments
- increases valuable patents
- increases the quality of invention disclosures
- increases inventor responsiveness
- increases new inventor inventions
- increases percentage of inventors submitting inventions
- increases inventor collaboration
- improves inventive culture
Contact us and we can compare your current R&D inventiveness impact performance metrics
Inventor Rewards and Recognition Program Best Practices Report (Download Center)
Inventor Rewards and Recognition Program Planning Guide
Inventor Intellectual Property Attitude and Knowledge Assessment
Key Considerations for Optimizing your Inventor Rewards
Assessment of Inventor Productivity and Rewards Program