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Darko Perván's Välinge Innovation AB R&D Center in Viken, Sweden, has revolutionized flooring with its pioneering work in laminate flooring and mechanical locking systems. Founded in 1977, the company has achieved remarkable milestones, including sales of 400 MSEK, a profit of 200 MSEK, and the management of over 500 patents with 70 licensees. The company's success stems from strong technology value, patent strengths, and exceptional abilities to explain and defend their innovations, changing perceptions about paying for intellectual property.
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[titel] Darko Perván Välinge Innovation AB
Key Figures 2007 • Sales 400 MSEK • Profit 200 MSEK • 35 employees • 500 patents • 70 licensees
History • 1977 - Invented laminate flooring • 1993 - Invented mechanical locking for flooring • 1993 - First patent application • 1994 - First license contract • 1996 - First commercial product • 1994-2006 - 50-70% profit margin
Trading IP Success factors: 1. Technology value 2. Patent strengths 3. Ability to explain technology 4. Ability to explain IPR 5. Ability to defend and litigate
Basic Conditions “Why pay for it, when you can get it for free?” must be changed to “To pay is an advantage!”
Success Factors 1. Technology value 2. Patent strengths 3. Ability to explain technology 4. Ability to explain IPR 5. Ability to defend and litigate