What An IP Strategy Includes
Intellectual property is used to describe intangible assets. These assets are increasingly making up a significant proportion of a company’s net worth and trade mark lawyers near me . It makes commercial sense to protect and manage these assets and hence Intellectual Property Management enters the picture. Effectively managing an enterprise’s IP portfolio helps protect that company’s data, decreases risk, and enhances compliance with global legislation. It is not enough to simply obtain formal IP rights. Patents and trademark rights need to be exploited adequately. If an enterprise wishes to obtain maximum value from their IP, it should take effective steps to come up with an IP strategy for their business. An IP strategy should include the following: · A policy on IP Acquisition · A policy on IP Exploitation · A policy on IP...