Intellectual Asset Management Best Practices Overview
Establishing intellectual asset management best practices provides your organization with consistency and standardized processes and procedures. The value generated from using each of the best practices include: quality gain, productivity gain, revenue impact, risk reduction, and cost savings.
Other videos in the series are:
Developing IP Strategies
Using Organizational and Strategic Metrics
IAM Software Return On Investment
Top Management and Key Stakeholder Value Propositions for IAM
Annual Review Portfolio
Review entire intellectual asset portfolio at least once per year
Properly update appropriate databases with information regarding status of specific intellectual assets and decisions made about individual intellectual assets.
Manage the cost of patenting activity for your portfolio.
Identify Key Patents
Properly transfer or abandon patents from your portfolio
Classify the pending and issued patents in your patent portfolio by “business use”.
Conduct IP Reviews During Development Process
Align intellectual assets to your business units
Evaluate the need for a competitive assessment and the activity
Evaluate innovation for internal development versus external acquisition
License or sell intellectual property
Internal Benchmarking between business units
Act as Intellectual Asset Focal Point for your business or technology area.
Form and staff Intellectual Asset Management Teams
Facilitate/Conduct at least One IAM Team meeting per year
Patent Filing Recommendations, recommend, document, implement patent filing recommendations
Managing trade secrets
Formalize a training program
Contact ipPerformance Group to learn more about our best practices library.
Our experts can work with you to adapt and deploy best practices in your IP program.