The document summarizes lessons learned from the KIMconference 2013 event on monetizing intellectual property. The conference included 12 speakers from 110 companies and 20 public institutions across 4 countries, with 150 total attendees. Key lessons included that intellectual property must be actively managed and commercialized to generate return, international markets like Asia and Latin America are important, collaboration is important for competitiveness, and funding may need to come from outside an organization's home country.