Skip to Content

Category: News

Building an IP Aligned Enterprise: Leveraging, Monetizing, and Enforcing Your IP Assets

Understanding the value of your IP more generally is a fundamental factor in making decisions around how to manage your portfolio. Patents and trademarks, for example, require regular investment in the form of annuities or fees to maintain your ownership rights. If a particular asset or group of assets aren’t contributing to the value of your company, then you need to decide whether or not to pay the money to maintain your proprietary rights. If you do decide to maintain your IP, perhaps you’ve assessed that the value of those assets lies in your ability to license or sell them. Having a clear framework for these decisions and opportunities can not only save money in paying fees but provide new revenue opportunities.”

Best Practices For Invention Disclosure Forms

In summary, ineffective communication between inventors and attorneys can be a recipe for weak patents and lost inventions. An industry-specific invention disclosure form (IDF) with narrowly tailored sections and precise prompts can organize and focus an inventor’s disclosure, making it easier for the inventor to write and the attorney to understand. Ultimately, such a well-crafted IDF can save time and resources and result in higher quality and quantity of patents from R&D activities.