Intellectual Property Management

Overview

Intellectual property management rights are tools that can be applied in business. Intellectual property rights are assets and time and resources should be allocated to administering and managing intellectual property.  The strategic use of intellectual property rights requires an understanding thereof as well as an understanding of the type of business in which they are used. It is important to form a relationship with an intellectual property lawyer in this regard.

Intellectual property, as an asset, can be licensed or sold. Intellectual property valuations are also frequently conducted for various reasons.