new year's resolution a better ip strategy

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A Better IPSTRATEGY

New Year’sRESOLUTION

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How do we pay for it?

Who do we need on the team to do it?

What gives us our competitive advantage and what can we

do we keep it?IP Strategy

People Strategy

Financing Strategy

Busi

ness

Gro

wth

STRA

TEG

IES

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The IP STRATEGY

Easy to say, hard to do

Aligned with business strategy

Meaningful contribution to business profit generation

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What is Intellectual Property?

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Intellectual Property ASSETS

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The Patent “Trade-Off”Public Disclosure of invention

in exchange for a limited monopoly

20Typically

Years

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Invention must be

novelObviousness Disclosure of

Best Mode

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Economically valuable

Kept secret through reasonable measures

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The expression must be ORIGINAL

No protection for “functional articles”

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Protects consumers from market confusion

Legal protection for your brand

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TIPSPractical

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Appoint an “IP Czar”

1

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Employee Education + Awareness

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Incentivize Innovation

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Ensure Business + IP Strategies are Aligned

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Constantly Reassess Your Strategy

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Actively Protect Your IP(excluding Guacamole)

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