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Transforming R&D and IP Strategy Using AI with Ashish Bodhankar

Transforming R&D and IP Strategy Using AI with Ashish Bodhankar
Dec 6, 2023 · 31m 10s

Like all domains right now, intellectual property (IP) and research & development (R&D) are wrestling with how to apply AI to their work most effectively and what it means for...

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Like all domains right now, intellectual property (IP) and research & development (R&D) are wrestling with how to apply AI to their work most effectively and what it means for the industry’s future. In this insightful episode, Ashish Bodhankar, IP Strategist Leader at Dow Chemical Company, and Decisions Now host Erin Pearson detail these topics.

Ashish and Erin discuss:
✔️ The evolving role of IP management and how technology is influencing it.
✔️ How AI accelerates R&D processes, from formulation design to predictive modeling.
✔️ The importance of starting small, collaborating, and using cross-functional teams when adopting AI strategies.
✔️ Common misconceptions about AI, especially concerning job displacement and its ability to enhance human work.

📌 Quote from the Episode:
📣 “One of the key challenges is in understanding that this is applicable to our industry. When you look at chemical and material science, people think, ‘What has AI got to do with it? I mean, we're going to make materials, correct? How would a computer make materials? How is this going to be used?’ So, that is one challenge in terms of accepting that this can play a role in the organization or in R&D in particular.” – Ashish Bodhankar

📌 Speakers in this Episode:
🎙️ Erin Pearson, Vice President, Marketing at Evalueserve
🎙️ Ashish Bodhankar, IP Strategist Leader at Dow Chemical Company
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