Managing assets well is an art, few have it.
Intellectual Property (IP) Management primarily involves identifying a company\’s intangible assets, prioritizing them according to company\’s business plans, safeguarding and exploiting them. In order to benefit fully from IP in terms of revenue, reputation and market share, it is essential to have proper IP Management in place.
Our services in this area include:
1. IP Audit and strategy building
IP Audit involves assessment and review of company’s IP (Intellectual Property), procedures to trace and protect the wealth of intangible assets followed by recommendations on how to improve the processes to safeguard and prevent misappropriation of sensitive forms of IP such as confidential information and trade-secret.
2. IP Policy and Process setup
Conducive IP Policy is essential to boost innovation.
In order to have absolute clarity on IPR related issues such as ownership, rights and obligation of employees and employer, disclosure of invention, non-disclosure of confidential information, liabilities in case of misappropriation of IP or resolution of IP related disputes, having an IP policy for the company becomes essential.
We formulate IP policies for the companies after understanding the nature of business, forms of IP relevant to the company and the other policies operating within the company.
3. IP Portfolio Management
We assist companies in managing their IP Portfolio, which includes scheduled follow ups with various patent offices, trademark or copyright registry for proceedings such as reply to examination report, claim amendments, payment of renewal fees for maintenance of a patent, attending hearings, checking status of registration and other office actions.