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Showing posts with the label business plans

How to use an IP Audit

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WIPO Author Emanuel Berrod Licence CC BY-SA 4.0   Jane Lambert The World Intellectual Property Organization ("WIPO")  describes an intellectual property audit as a tool for identifying "potential IP assets", that is to say, protectable  intellectual assets . An IP audit helps to uncover unused or under-utilized assets, determine ownership of those assets and warn against possible conflicts with intellectual property owners or potential infringers.  Information on the types of IP audit, preparing for such an audit and carrying it out is available on the Intellectual Property page of the WIPO website .  More detailed information can be found in Module 10   of IP Panorama .    The WIPO categorized IP audits as follows: " General-purpose  This is broadest type of IP audit, used by new companies or those considering implementing new IP policies, standards or procedures. It is also suitable for companies implementing new marketing approa...

Does Your IP Strategy still work?

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  Author  Furdur  Source  Wikipedia Jane Lambert The purpose of intellectual property is to protect investment in developing a revenue generating asset. That is the reason for the business strategy that I outlined in Putting IP at the Hear of your Business Plan   2 Jan 2015.  That strategy identifies the optimum legal protection for the intellectual assets likely to contribute most to your business and the steps needed to enforce such protection. For a lot of businesses, the optimum legal protection was an EU trade mark a registered Community design or, in a few cases, a Community plant variety. These ceased to apply to the UK from 23:00 on 31 Dec 2020 though art 54 of the Agreement on the Withdrawal of the UK from the EU  provided for the assets that had been protected by those rights to continue to be protected in the UK by s corresponding British trade mark, registered design or plant variety. The withdrawal agreement ensured continued subsistence...

Why every business plan should take account of intellectual property

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Jane Lambert In  Basic Facts About Trademarks: What Every Small Business Should Know Now, Not Later , one of the best video introductions to trade mark law I know in any country, the presenter Mark Trademan (yes that really does appear to be his surname) of the US Patent and Trademark Office Trademark Information Unit  asked an audience of entrepreneurs and small business owners how many of them had a business plan. A forest of hands shot up. "How many of you with business plans have a trade mark component?" asked Mr Trademan. Silence. "OK, I was afraid of that." The response would have been no different had Mr Trademan given his presentation here even though our own Intellectual Property Office warn in  Before you apply for a patent   on the British government website that "it’s pointless patenting an invention unless you have a proper plan for making money from it and can defend it against copying." Everybody knows that a business...