Affirmative Strategies to Protect Intellectual Property Assets

Although strategies to protect intellectual capital are discussed throughout this book, a brief overview of some strategies is useful. For thorough protection, companies should

  • Conduct periodic intellectual property audits to identify intellectual property assets and improvements thereto

  • Appoint committees made up of sales, marketing, and research and development team members to periodically discuss the company's products and services to ensure that the company recognizes its intellectual capital

  • Determine the appropriate means to protect such assets from infringement and to use such assets to generate revenue

  • Control access to and mark trade secret information as protected or confidential ...

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