Essentials of Intellectual Property

By Alexander Poltorak; Paul Lerner | Go to book overview
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Know What You Have
(IP Audit) and What
the Other Guy Has
(Competitive Intelligence)

After reading this chapter you will be able to:
Know the goals of an intellectual property audit
Understand the advantages conferred by having an outside organization (rather than in-house personnel) perform the IP audit
Identify core, noncore, and useless patents in your portfolio
Gain useful information about your competitors' business and product plans through monitoring their patents and patent applications
Understand patent mapping's advantages and limitations

The Intellectual Proper ty Audit

Often, a firm does not know or may not fully appreciate the scope and applicability of its intellectual property. To paraphrase one business executive, “Had we known then what we know now, we would be twice the size.” The means to correct this lack of knowledge is an intellectual property audit.


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Essentials of Intellectual Property


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