Just Words
FADE IN:
INT. STUDY - DAY
PETER gets a phone notification as he is cleaning an electric guitar.
PETER (V.O.)
Does IP impact on the
innovative and inclusive
future of businesses?
FLASHBACK
INT. CONFERENCE HALL, TOKYO - DAY 2005
Plenary, Harvard Asia Business Conference. Wearing a "Speaker" tag, Peter sits among the audience. A SPEAKER speaks on stage.
PETER (V.O.)
I spent a fortune to buy
their high-tech and branded
car. See what he has to say
about their innovation.
SPEAKER
We make good cars to make
good money...
PETER (V.O.) (Cont'd)
Oh, even for them, innovation
is just a means to an end. I
thought they've the real
passion to be innovative. How naive I'm!
END FLASHBACK
PETER (V.O.) (Cont'd)
As to the inclusive future
of businesses..,
Peter takes a look of the ETune system of his guitar.
PETER (V.O.) (Cont'd)
The technology used to
put pickups and wirings
on a plank of wood is
different from automatic
tuning. So a guitar
manufacturer would have
to include the e-tuning
system provider if it
wouldn't do R&D in house.
Pausing.
PETER (V.O.) (Cont'd)
In addition to innovation
costs, the innovation might
not be accepted by the
market.
Peter takes another look at the notification.
PETER (V.O.) (Cont'd)
What would be interesting
to talk about?
FLASHBACK
INT. LECTURE THEATRE HKUST - DAY 2000
Peter (46) is among around 40 mature students. Enters Prof Gary Orren of Harvard Kennedy School.
GARY ORREN
There're just two things
that interest people: sex
and money. Let's just
talk about money.
END FLASHBACK
PETER (V.O.) (Cont'd)
He's so plain, direct and
persuasive.
Pausing.
PETER (V.O.) (Cont'd)
So any data, information
or knowledge that can be money-making would be
interesting to anyone.
Whether the sector is
Technology, Media & Telecommunication
(TMT) is quite irrelevant.
Pausing.
PETER (V.O.) (Cont'd)
I've been a trend setter
in my own way. Having
connected IP with business
and trade, businesses
should recognize the
trend. To capitalize on it,
they can use IP to finance
projects, facilitate IP
liquidity, and create an
IP-based new market
in the Greater Bay Area.
FLASHBACK
INT. BIP Asia Forum - DAY (2018)
Peter speaks on stage, standing next to a large screen depicting him getting a truck load of money.
PETER
My main message is to
establish an IP-based
Capital Market in the
Greater Bay Area.
END FLASHBACK
PETER (V.O.) (Cont'd)
I talked about IP
securitization and
tokenization. Now IP
securitization has been
written into the Outline
Development Plan for
Guangdong-Hong Kong-
Macao Greater Bay Area.
Peter surfs the web.
PETER (V.O.) ICont'd)
It's in Chapter 4, Section 3,
last line: "To initiate pilot
projects for the securitization
of intellectual property."
Pausing.
PETER (V.O.) (Cont'd)
Businesses may never
appreciate the value
of intellectual, industrial
or commercial property.
But they know if there's
public policy support of
a business model, it can't
be bad.
Pausing.
PETER (V.O.) (Cont'd)
Businesses would like to
know how to make good
money. They don't really
care about any innovation,
or IP. If they've to include
others to make good
money, they can be flexible.
FLASHBACK
INT. CONFERENCE ROOM, GENEVA - DAY (1996)
The HEAD (40s) of the United Kingdom speaks. Peter (42) as a UK delegate listens admirably. The head finishes speaking to the microphone.
PETER
You've made an excellent
intervention.
HEAD
(Smiling)
Just words...
RETURN TO PRESENT
PETER (V.O.) (Cont'd)
So the value proposition
of any activities should
be visiible and tangible.
Or, they're just words.
FADE OUT. The End