Management of Intellectual Property Rights in R&D Organisations

Abstract

Intellectual Property Rights involve the administration of all phases of management from the original concept of invention to the final commercialisation of the invention. The Intellectual Property (IP)assets are one of the most powerful tools for meeting business objectives and an important factor in the development of national economy. The assessment of the value of IP assets is necessary to facilitate investment in Industry. This article provides IP management and Strategy in a company or R&D organisation, some basic methods for evaluation of IP assets are discussed.