Manage Intellectual Property
 |
 |
 |
 |
 |
 |
 |
 |
At its simplest, managing Intellectual Property (IP) is a process by which an organisation can accurately identify, capture, evaluate, protect and monitor IP frequently for the purposes of further exploitation, usually commercialisation of some kind. There is no way you can know what parts of your business have created additional value without managing your intellectual assets effectively. Every element of your business has the potential to qualify, so unless you manage these resources regularly you will never know what hidden opportunities you could be overlooking.
What is intellectual property?
Intellectual Property (IP) represents the output or intangible product of an individual’s mind or intellect. IP can be an invention with patentable potential, copyright, a design, trade mark, process or the practical application of a good idea (know-how). IP does not have to be written down to exist. It can be one of your organisations’ most valuable assets. IP has the real potential to create competitive advantage and bring considerable value to an organisation when managed appropriately and effectively.
Links to subsections of this topic
Scan your organisation for IP
Introduce an IP Management Strategy
1. An organisation IP policy
2. Identifying and capturing IP
3. Storing IP
4. Evaluating IP
5. Protecting IP
6. Enforcing IP
