Internal intellectual property management

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Are you deriving the most value out of your intellectual property (IP) assets? Unless you have implemented an effective IP management programme, the answer will most likely be in the negative.

In many cases the IP subsisting in for example marketing properties, products, materials, processes and know-how is what gives a business its competitive advantage – whether through protected patents, extensive brand recognition or internal procedures. It is critical for all businesses relying on such IP rights to ensure that they adequately manage the creation, ownership, maintenance and exploitation of their IP. There is no single formula that will provide businesses with an appropriate IP Management Program, but there are some basic steps that can be followed in developing such a program…

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