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 […]
