Can you monetise your IP assets?
Yes. The ultimate goal of owning IP assets is to turn IP from a cost center to a profit center. We will help you achieve this goal by properly managing your IP assets.
IP rights need to be renewed to be valid. It could be very hard or expensive to recover the IP rights if they are not renewed properly. We will closely monitor the renewal deadlines to make sure it is done in a timely manner.
IP assets may be created, owned and used by different parties. Each parties involved should be documented properly to comply with relevant laws and regulations. Otherwise, valuation of the IP assets and validity of the IP rights may be problematic.
It is wise to track your competitor’s IP status and business activities and take appropriate actions before it is too late. We will keep our eyes on them and report to you with our pragmatic advice.
An IP audit report is particularly useful if you need a comprehensive review of the existing or potential IP assets you have generated from your business activities. This report helps you set up internal IP management procedure and identify IP value.
IP marking is important not just because it is a warning to your competitors, it is also effective in making sure they will not get away with infringement damages by saying “I don’t know you own the IP”.