Case Experience 2 - IP Audit at an Indian Company
The case experiences are based on the 120 audits we had performed in India over the last ten years. The audits gave us invaluable insights into the role of IP in business in the Indian context, and we have tried to encapsulate some basic results/learnings at a macro level through these experiences. The names of companies and business details have been consciously avoided to comply with confidentiality covenants and professional…
Case Experience 1 - IP Audit at a Large Multi-National Company
The case experiences are based on the 120 audits we had performed in India over the last ten years. The audits gave us invaluable insights into the role of IP in business in the Indian context, and we have tried to encapsulate some basic results/learnings at a macro level through these experiences. The names of companies and business details have been consciously avoided to comply with confidentiality covenants and…
Every company has a ton of ideas, potential intellectual assets, waiting to be found. Excavating/Mining all of them is not very easy because they are often lurking in the haystack of information, materials and minds. The task requires special research skills, knowledge of business processes, unique people skills, extensive document review, and keen/informed minds. The quantity and quality of ideas that can be mined always depends on the skills and abilities of the miner/auditor.
The Process
The process of finding…
Discovering ideas in a company is an important, but a very difficult task to accomplish. Three basic factors, among others, make the process of discovery very complex and arduous.
They are:
Internal biases;
External environment; and
knowledge and process issues.
R & D and engineering divisions of many companies in India have an inherent bias against IP protection, and often take up IP activities only due to pressure from the senior management, and not because they believe…
Intellectual Assets such as ideas, inventions and creations are important tools in today's business environment. A good idea can make or break a business. When seen from the intellectual property perspective, ideas are normally classified as abstract or concrete.
Abstract ideas are those that are in the mind and those that cannot be implemented, worked or reduced to practice. For example, a plan to write a book or a solution that can make one vanish. The first idea is still…
It may not be widely accepted but it is common knowledge that most knowledge-driven companies, sit on their intellectual assets/intellectual property until it's too late. Some may fail to recognize their valuable IP, others may show apathy, and others may not know what to do with the IP that they stumble upon. Even most IP-savvy companies sometimes fall into one of these three types. That being said, when a company does decide to increase its IP revenue, IP filing seldom…
Business Value of IP – A Presentation for United Nations Industrial Development Organisation (UNIDO)
This presentation gives an overview of the value of IP for businesses, especially SMEs. The presentation was delivered for the plastics and machine tools industry in Delhi and has specific examples to suit the said industries.
The presentation can be accessed here
By Dr. Kalyan