Understanding IP Matters

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Recent Episodes

March 30, 2022 Understanding IP Matters: Crypto and NFTs – Creators’ Rights at the Crossroads

The explosion of the non-fungible token (NFT) market and the jaw-dropping prices being paid for digital art — $69 million for a single work and millions for others ­— have made some fast millionaires, while also giving rise to scammers and a widespread debate about the value of intangible goods. For some artists, the market for NFTs has proved to be a huge boon. For example, Chicago-based photographer Brittany Pierre sold over six figures worth of her art on the OpenSea marketplace in 2021 after teaching herself how to mint an NFT, whereas previously she had difficulty paying rent and groceries. For established artists who have curated an online following and understand the value of scarcity, the opportunities presented by NFTs have produced a level of autonomy not previously experienced in their careers. 

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March 16, 2022 Understanding IP Matters: Gary Michelson on the Courage of Inventors

Gary Michelson isn’t one to back down from a formidable challenge. The prolific inventor’s willingness to tackle seemingly intractable problems in the field of spinal surgery led him to become a successful entrepreneur and eventually, a billionaire. Michelson is frank about his desire to give back to what he describes as the “most robust intellectual property system in the world” — and that starts by educating young people, who are best equipped to change the world. Today, as the founder of Michelson Philanthropies, he directs a wide range of philanthropic efforts, including increasing access to intellectual property education for students. The Michelson Institute for Intellectual Property has differentiated itself by creating a robust portfolio of free, helpful resources that situate intellectual property at the intersection of business and law, including courses and a textbook. In the latest episode of the “Understanding IP Matters” podcast by the Center for Intellectual Property Understanding, he points out to host Bruce Berman that all of the most successful companies in the world today were started by people who were college-aged.

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February 15, 2022 ‘Understanding IP Matters’: Tiffany Norwood on the Importance of Storytelling to Startup Success

A curiosity of the intellectual property field is the lack of emphasis on commercialization. While there are numerous resources that describe how to patent an invention, there are hardly any that offer processes and frameworks for transforming ideas into products and services. This is a disservice to creative people, because they are motivated to share their creativity with the world — not merely protect what they invent. In a new episode of the podcast “Understanding IP Matters,” the fascinating serial entrepreneur Tiffany Norwood laments that while “so much of our world is driven by imagination, only a few of us take our imagination seriously.

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About This Podcast

Understanding IP Matters’ explores the intellectual property story of people who have succeeded in the world of invention, creative expression, and brand – some with the scars to prove it. ‘Understanding IP Matters’ looks at the journey from creator to entrepreneur. It is the first podcast series of its kind to convey the experience of high-performing creators, executives and investors in their own words. Each episode features a different guest who shares with host Bruce Berman, their view on how IP rights impact success. ‘Understanding IP Matters’ is brought to you by the Center for Intellectual Property Understanding, an independent non-profit that provides outreach to improve IP literacy and promote sharing.

For more Understanding IP Matters Episodes, click HERE.

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