Small guys find most breakthroughs (Letter to FT)
ft.com
ft.com
From Mr Mano Manoharan.
Sir, In “Getting IP right” (Editorial, May 19) you say: “Giants must not stop others from standing on their shoulders” if we are all to benefit from the advancement of ideas.
My reading of the history of UK innovation would suggest individuals and small- and medium-sized enterprises are the source of more breakthrough invention, rather than giants.
So practical action, as put forward by Ian Hargreaves, to encourage more SMEs to begin the process of innovating should be welcomed. As should action to discourage giants poaching intellectual property from vulnerable SMEs.
I speak from experience, having funded a successful breakthrough and now patented innovation, that rationalises the ink used to print packaging, only to see giants shamelessly trying to copy us, and even being told chillingly by one; “We will drown you in court fees.”
My shoulders certainly need a cheap way of protection from the weight of these particular giants!
Mano Manoharan, Joint Managing Director, LFH illuminating brands, London NW1, UK