Ten Non-Basic Principles of Intellectual Property
Feb 20, 2021
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- Make Intellectual Property is a part of your business strategic-thinking and planning.
- Know your Intellectual Property Rights.
- Understand the role of Intellectual Property in your verticals (value creation systems).
- Be aware of competing Intellectual Property in your value ecosystem.
- Know the cost of ‘generating’ value and the benefit of ‘extracting value’ from your Intellectual Property.
- Identify required Intellectual Property currently not in your portfolio.
- Acquire required Intellectual Property.
- Think taxes and balance sheet concerning your intellectual property.
- Be proactive and be prepared to protect your rights.
- Measure Improvement and Impact.