IP Portfolio Management

 IP Portfolio Management


#IP_Portfolio_Management

IP Portfolio Management | Bianat IP 2022

Gaining a more competitive edge and efficiency among your business is not a big deal you just need to more about IP Portfolio Management.

Over the last 20 years, the value of intellectual property (IP) assets has increased and so as for the risk of infringements even unintentionally as a business owner you should be fully aware of IP rights and assets so you could enforce and push your business to a next new level.

Before getting deeper into IP portfolio management, you first need to know more about the intellectual property itself and its forms.

What is the intellectual property ‘’IP’’?

Your business can compete in a better way and become guarded against IP risk with just a little understanding of intellectual property rights. intellectual property (IP) encourages creators to produce the solutions for the problems we face.

Millions and millions of consumers are taking a part in a global marketplace. wherever they are they still can reach each other and goods with a simple click of the mouse. Even the Smallest businesses are enjoying a real opportunity to engage and participate in this ever-enlarging market which made the competition more intense and the risk of Infringement increases.

IP system seems to be a huge basket of different rights created and protected by the hands of law where law spells out what these rights are, it acquires rights over new ideas, products, processes, information, materials, designs, and business signs.

Forms of intellectual property protection :

  1. Copyright
  2. Patent
  3. Trademark
  4. Industrial Designs
  5. Geographical Indications
  6. Trade Secrets

What is IP portfolio management ?

The collection of IP rights is what is called the IP portfolio in order to protect them which in turn involves various procedures and protections. IP portfolio management is soo important and crucial for several reasons:

  • How quickly technology is developed.
  • The increasingly competitive and spread of the technology arena.
  • The sheer volume of patent information.

There are many tools for IP portfolio management and they have worked in the business world such as:

  • Analyze and acquire data.
  • Set up a database to collect and save information.
  • Effective communication connecting teams, legal, business, and technical ones.
  • Program management methodologies.

this article from baianat ip company



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