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Helping
clients strategically evaluate and actively manage their
intellectual property against specific objectives
Conducting
an inventory is the first step in making informed, coordinated
decisions on IP management: Which patents should be maintained, which disposed of, which
licensed or sold. Further,
what trade secrets and other valuable or potentially valuable
unpatented technology exist in the corporation, and which deserve
the investment of a patent filing, domestically and/or
internationally.
Large
companies with a high degree of autonomy among their business units
often lack a clear picture of exactly what IP they own and what its
status is. Complicating
that, patents and intellectual property within a given organization
are usually highly diverse – of differing patent lifetimes,
maturities (with respect to technologies), applications, degrees and
broadness of market appeal, etc.
Further, IP usually resides in different forms and in
different organizations and locations, with no individual
responsible for its active management in terms of protecting its
worth and optimizing its revenue potential.
Managers can also demonstrate a strong commitment to their
shareholder fiduciary duty by active assessment and management
of their IP portfolios.
IP
Resources will visit with a prospect’s management team to
establish an informed overview of the company’s intellectual
property portfolio and to understand its objectives, culture and
strategic issues with respect to IP.
We will then prepare a comprehensive proposal to fully
investigate and evaluate the company’s IP portfolio and create a
broad IP management plan consistent with the company’s specific
goals. Implementation
of the resulting plan, once approved, can be performed by the
company’s internal team, by IP Resources, or by a combination of
the two.
When to Call
Contact
us if you do not have a credible up-to-date inventory and assessment
of patents, patentable IP under validation and unused trade secrets
convertible to current revenue.
Or do so if you are simply uncertain of just what
intellectual property you have, its value, its location, or even its
very existence, yet feel you may be missing significant revenue
opportunities.
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