The Intellectual Property Audit: A Critical Service
By: James B. Astrachan
An audit of your company's intellectual property can protect your company's rights - or save your company's existence.
Intellectual Property: Patents, copyrights, trademarks and trade secrets. Intellectual property is one of the most valuable categories of assets that any company can own or license. Surprise. Unfortunately what a company thinks it owns may not comport with reality. Every business needs to understand its intellectual property, its strengths and weaknesses, whether it's being properly used and protected, and whether the use of its intellectual property infringes the rights of others. Properly conducted, an intellectual property audit will accomplish these objectives.
Each of the following links addresses the variety of areas that should be examined when conducting an IP Audit.