Historically a large factor in the valuation of a company would the value of tangible assets. However in more recent times there has been a significant shift to valuations based on intangible assets such as intellectual property. Recent research has indicated that intangible assets account for 80% of the total value of companies.
With the stakes being so high, IP related risks such as counterfeit products, patent litigation, trademark disputes and data hacking pose a significant risk and companies need a coherent strategy to manage it.
How to mitigate IP related risks
To mitigate against IP risk requires the implementation of processes, methods and tools across projects, business units or complete organisations. IP risk management involves understanding, analysing and addressing IP related risk. There should be an integrated and joined up approach to managing IP related risks.
There are a variety of risk mitigation techniques such as:
What are the components of a good IP risk management solution
IP risk management is not easy and a number of components need to be in place for a company to truly master this aspect of IP. As a guide it is recommended the theses fundamental components are implemented:
Why utilise an IP risk management tool
The typical feature set of an IP risk management tool will include:
We can supply Alder full featured IP risk management tool and optional IP services
Download Alder IP Risk Management Tool brochure at