Intellectual Property (IP) portfolio management organizes, protects, and utilizes a company’s assets to maximize its value and achieve business goals. These assets are intangible and legal.
It involves periodically identifying and cataloging all the intellectual property owned by a company, such as patents, trademarks, and copyrights. This helps the company:
- keep track of its intellectual property
- avoid it from getting lapsed before time.
- understand its value
- make informed decisions about protecting and using it
- judge its relevance to the company’s business goals
- identify possible new sources of IP
- file their patents and trademarks
- identify potential sales or licensing opportunities
NextNex ensures active management of your IP portfolio to maintain its effectiveness for your business in the long run.