An IP audit provides a systematic review of all the intellectual property which your business owns, uses, has developed, or has acquired. This can include inventions, patents, trade marks, designs, company names, domains, trade secrets, copyright, databases and business methods. An audit of your intellectual property will pay dividends as it enables a business to identify new revenu... »
An IP audit is a systematic review of the IP owned and/or used by an entity. It involves identifying IP assets and assessing their nature and scope to evaluate potential risks and opportunities. Extensive audits also include reviewing third party rights. In many ways, an IP audit is similar to a due diligence review for an M&A deal. An IP audit is guided by specific objectives. Where a busines... »
Source: Oxfirst »
Source: Gowling WLG »
Source: Qualys, Inc. »
The goals of an audit of that IP are to: 1) determine what IP your company owns, and 2) develop a strategy to effectively use and manage those assets to maximize their value to your company. In order to get the greatest benefit from what could be a significant investment of time and other resources, it is important that you and your management team understand why your IP audit is being conducted a... »
An IP audit is a systematic review of a company’s IP assets and an analysis of its strengths and weaknesses. The goal of an IP audit is to first determine what IP a company owns and second develop a strategy to effectively use and manage those assets to maximize their value to your company. More specifically, an IP audit allows your company to: Identify under-used processes and how they can contri... »
The following paper is written with the purpose of bringing together different perspectives drawn from researches, articles and studies of primary importance in the fields of patents, digital innovation and technological development and to weigh the actual impact that these different components have on the growth of small and medium-size enterprises (SMEs), especially in the European Union. Not pr... »
IP/ Patent Portfolio Management forms a critical process and relies on dynamic portfolio development, mapping, and review process. Fundamental to IP/ Patent Portfolio Management is ‘knowledge’. Knowledge of both internal factors such as technical area(s) covered, business implications, product development and/or R&D pipeline, patent family, etc., and external factors such as curren... »
Capturing the value of innovation is critical to a company’s success in any environment. But in these uniquely challenging times resulting from the 2019 novel coronavirus (COVID-19) pandemic, thoughtful management of a company’s intellectual property (IP) portfolio can help a business not only survive, but thrive. The trick is to be pragmatic, strategic and efficient in managing the portfolio. The... »