Checklist For Intellectual Property Audit
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How to fill out Checklist For Intellectual Property Audit?
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Understand the Protections Available for Your IP Assets. Establish Goals for the Audit. Identify the Stakeholders and Align Yourself with Their Interests. Discovery. Select a Program and Create a Centralized Catalog. Establish or Review the IP Assets' Valuation. Review Your Contract Management Process.
Intellectual property protection isn't as simple as declaring ownership of a particular product or asset. In most countries, there are four primary types of intellectual property (IP) that can be legally protected: patents, trademarks, copyrights, and trade secrets.
An intellectual property (IP) audit is a tool for identifying your potential IP assets.Uncover unused or under-utilized assets. Determine ownership of these assets. Identify any related threats, i.e. IP infringement from your side or by others.
Keep it under scrutiny. Be aware of your Intellectual Property Rights. Consult an expert. Double check if your idea is unique. Hire an auditor. Keep a record of almost everything related. Protect your IP without delay.
Trade Secrets. Trade secrets refer to specific, private information that is important to a business because it gives the business a competitive advantage in its marketplace. Patents. Copyrights. Trademarks.
Examples of intellectual property include an author's copyright on a book or article, a distinctive logo design representing a soft drink company and its products, unique design elements of a web site, or a patent on a particular process to, for example, manufacture chewing gum.
Copyrights. Trademarks. Patents. Trade Dress. Trade Secrets.
Income method. The income method is the most commonly used method for IP valuation. Market method. The market method is based on a comparison with the actual price paid for the transfer of rights to a similar IP asset under comparable circumstances. Cost method.
Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time.