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The 5 Steps to Creating a Strategic IP Plan

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A process for maximizing IP’s business value

Like many things in IP strategy, most people will agree that strategic planning is a good idea. The struggle usually lies in how to do it. Here’s our 5-step strategic planning process for ensuring business alignment and portfolio quality.
  • Identify your company’s R&D “treasures.”

  • Build a plan for each treasure

  • Monitor projects and act accordingly

  • “Walk” using provisional or PCT patents to balance protection and investment

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  • “Run” by ramping up protection as revenue increases

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