Archive for March, 2009

Stimulating the Old Way

Posted in Uncategorized with tags , , , , on March 31, 2009 by lmdiorio

Driving home from work yesterday on Chain Bridge Road I saw a new home construction site and at the site there was a sign – “Stimulating the Old Way.”  The sign was fantastic and how true.  The home looked as if it has recently been framed and you could even smell the fresh sawdust.  It really made me think – building a new home, providing jobs, purchasing equipment and tools and obtaining financing.  All things that truly do stimulate the economy. I have even been doing my best to stimulate the economy (what little I can do) although I have never really been good at saving money to begin with.  I go to my local restaurants and I try to focus on my local stores and farmers markets.

Recently I’ve noticed an uptick in people with whom I’m connected with on LinkedIn changing their status to something like the following: “motivated Marketing Manager seeking a growth oriented position….”  Now, we have done what we can at my company to hire people who we are connected with and have speciality backgrounds as subcontractors but the work is not all specific to one specialty so it may not be enough  to keep someone afloat.  Nonetheless, we are trying to help keep money in their pockets or assist in paying for the little things like kids’ braces as times continue to be tough.  Without analyzing the ABC, TARP, XYZ and other stimulus/bailout/recovery plans – I just wonder how easy it is to do little things to if nothing else just help out – Stimulate the Old Way.

So – as Joe Dirt (pronounced Deertay – it’s French) says, “We must keep on, keeping on.” One day I’ll win the lottery and I can do as much Stimulating the Old Way as I can, until then I just try to do the little things.


St. Patty’s Day Green – the color of the future

Posted in Uncategorized on March 17, 2009 by lmdiorio

Happy St. Patrick’s Day.   Today, as I put on my green argyle socks and my green tie to celebrate – I had a random thought.   Green is the color of the future.   And no this is not some shameless environmental plug.  Green is the color of spring, green is the color of money, Boston has the \”Green Monster,\” and yes it may be easy to be green!

In all of the negative energy that surrounds us these days, I could not help but think about how the color green could represent our positive movement into the future.  After all, our future really is only ours.  Spring is a time a new birth, where plants and animals emerge from a winter slumber to rise anew, fresh and ready for a new beginning.  We see the green grass brighten as each day goes by and we see the green stems of the beautiful tulips as they pop out of the ground.   A \”greenhorn\” is a rookie – someone new to something, someone learning, someone developing (this is my shameless Deadliest Catch plug).

Yes, green is the color of  money and yes money does not seem to be all around us but what if we strive to manage our lives and make them financially sound.  It means sustainance for our future.  At New Years Italians will eat lentils for good luck- they are green (sort of), they represent money and a hearty meal.

Anyway, I may be seeing Red but I\’m thinking Green.  Here\’s to the luck of the Irish.  Erin Go Bragh.

Promoting Innovation is now even more Important

Posted in Uncategorized with tags , , , , on March 5, 2009 by lmdiorio

At the end of February the Licensing Executive Society (LES) submitted a letter to the Obama administration promoting and supporting innovation as an economic engine.  The letter can be seen here.

I am a huge supporter of the efforts made by LES, AUTM and others in the promotion of innovation.  As stated in the letter, support for where there is innovation is truly “a sound system” for protecting the economy and as a result  “economies are robust and the quality of life is high.”  An important aspect of innovation is the protection of Intellectual Property (IP), however it is not the only element.   Innovation is mandated and empowered by the Constitution, granting rights to the inventors in order to experience exclusivity and in exchange society benefits both through quality life improvements and economics.  My field, technology transfer, focuses not solely on IP rights but mainly on commercialization supporting these 2 elements.

Need I remind you that we are in tough economic times right now, yet there are important initiatives that need to be maintained in order to support and promote innovation.  It is required that the systematic laws ensure that technology is brought from the “lab bench” to the marketplace.  LES calls for 3 main IP related initiatives that I too encourage: (1) provide gap funding for critical technology development, (2) preserve IP policies that promote both innovation and competition, and (3) support greater access to public and privately developed technology.