Published: 24 July 2024
Summary
Innovation is a valuable asset that provides a competitive advantage for businesses, so protecting its intellectual property (IP) is crucial. This research offers recommendations and best practices to help executive leaders safeguard their innovation’s IP.
Included in Full Research
Overview
Key Findings
Despite intellectual property (IP) sometimes being one of the most important assets of innovation, executive leaders are often poorly equipped to protect it.
Not every innovation is worthy of IP protection. Knowing which ones should be considered for protection is the first step to establishing the capability and processes that executive leaders need to protect their competitive advantage and maximize the monetization of their IP.
The cost of filing patent applications can be overwhelming, especially when leaders are not selective enough about what to protect.
Recommendations
Executive leaders aiming to protect their innovations’ IP should:
Clients can log in to view the entire
document.