Global Patent Portfolio Management

The advent of the internet has brought the world closer to one another than it used to be. Computer technologies, one of the most emerging creations, have made it possible for the internet to expand worldwide. Furthermore, certain types of technological products are distributed and utilized throughout the world. Intellectual property rights associated with it need to be protected from unauthorized use or exploitation across the globe.

It isn’t a straightforward feat to handle multinational patent portfolios. Developing markets and emerging scenarios are becoming very relevant and play a vital role in a company’s IP strategy. Patent portfolio gives value to the company or business in various aspects. Efficient control of the patent portfolio may be crucial to defending brands from those that could infringe and retain market share. By means of licenses and sales, a well-organized patent portfolio can become the source of revenue. 

Source: iPleaders

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