Intellectual property (IP) means patents, trademarks, industrial designs, copyrights, processes, techniques, methodology, and talents. Intellectual property management therefore involves a corporate culture and even a practice.
Intellectual property (IP) refers to creations of the mind that can be legally protected. These creations can include inventions, literary and artistic works, designs, symbols, names, and images used in commerce.
Main Types of Intellectual Property
- Patents: Protect inventions and processes.
- Trademarks: Protect brand names, logos, and symbols.
- Copyrights: Protect literary, artistic, and musical works.
- Trade Secrets: Protect confidential information that gives a business a competitive advantage.
Why does IP is Important?
- Economic Value: IP can be a valuable asset for individuals and businesses. It can generate income through licensing, sales, or other means.
- Innovation: IP protection encourages innovation and creativity by incentivizing people to develop new ideas and products.
- Competition: IP laws help maintain fair competition by preventing unauthorized use of others’ creations.
The support provided by MIVADO GP in intellectual property portfolio management consists of the following elements:
- Monitoring the development of technology
- Development of IP management program and policy
- Implementation of awareness and training program
- Conducting complete audits of IP assets
- Prospecting contacts for the concession or transfer of IP
- Establishment of the accounting value of IP
- Monitoring of the validity and expiration date of IP
- Company interface/Patent and trademark agent
- Tracking and measurement of brand audience
- Royalty payment survey
- IP monitoring and intelligence
- Optimization and continuous improvement in the organization of the department in charge of IP
- Optimal management of information, knowledge, and know-how