Successful businesses aren’t built in a vacuum. Relationships are the lifeblood that fuels growth and prosperity, providing an essential asset that, while intangible, is as valuable as any other business resource. In the realm of innovative companies where competition is fierce and margins are often thin, building, nurturing, and managing relationships effectively can be key […]
As leaders in the innovative landscape, we understand that the true value of a company extends beyond tangible assets. Today, intangible assets such as intellectual property (IP) play a pivotal role in determining a company’s competitive advantage, growth potential, and overall worth. In this blog post, we delve into the importance of being prepared for […]
On the treacherous global battleground of modern business, a silent war rages—one that threatens the very heart and soul of innovative small and medium-sized enterprises (SMEs): intellectual property (IP) theft. From sneaky corporations to spying nations, IP theft is on the rise and has become a relentless adversary, lurking in the shadows, ready to snatch […]
In today’s fast-based and competitive business world, innovation is key to success. As companies strive to stay ahead of the competition and protect their market share, they rely heavily on intangible assets, such as intellectual property (IP), trade secrets, proprietary relationships, business data, and brand protection. Developing and leveraging intangible assets requires understanding, negotiation and […]
Did you know that effective intangible asset management (IAM) can significantly influence investor perception and impact your company’s valuation? In today’s competitive business landscape, intangible assets such as intellectual property (IP), contracts, trade secrets and proprietary data hold immense value and play a pivotal role in attracting investment and building strategic partnerships. Intangibles are the […]
In today’s competitive innovation-driven marketplace, we no longer focus on tangible assets like equipment, facilities, and inventory when valuing a company’s worth. It is the company’s intangible assets like intellectual property, branding, relationships, and data that play a pivotal role in driving innovation and creating long-lasting business value. Perhaps the most critical intangible asset for […]
In Tuesday’s blog post, entitled How to manage a patent portfolio, we referenced the importance of conducting a patent audit in order to better understand your patent assets, identify risks and opportunities in your portfolio, and monitor competitors. Today, we outline the basic steps in conducting an IP audit on your business and why this […]
In today’s highly competitive business world, patents are essential to protect your company’s intellectual property and maintain a competitive advantage. However, managing a patent portfolio can be a complex and time-consuming process. Here are some tips on how to effectively manage your patent portfolio. Conduct a patent audit Before you can effectively manage your patent […]
Following Tuesday’s post, “Should you keep your inventions as trade secrets or patent them?”, we provide below some general best practices for protecting your trade secrets. Trade secrets are an important component of any innovative company’s IP strategy and, in some cases, can be absolutely critical for maintaining competitive advantage. But it’s not enough to […]
When it comes to protecting intellectual property, inventors have two main options: to keep their inventions as trade secrets or to patent them. Both options have their advantages and disadvantages, and the choice ultimately depends on the nature of the invention and the goals of the inventor. A trade secret is any confidential information that […]
