Strategic Intellectual Property Management
We help our clients in strategically managing innovation and technology in an economically viable manner. We assist our clients in leveraging their relationships with customers, suppliers, and strategic business partners for effective IP generation. We specialize in a whole gamut of services that ensure systematic generation and management intellectual property. Protecting intellectual property starts right at the inception of an idea and is crucial for the final success of the several projects. At Innomantra we believe that an idea worth commercializing is worth protecting as well. We help our clients in:
- Identifying and protecting Intellectual property
- Formulating an IP Strategy
- Aligning the IP system to Business Strategy
- Establishing an IP Management System that drive product development
- Devising an IP portfolio
Our Services in Strategic IP Management:
- IP Licensing and IP Valuation
- IP Policy and Portfolio Management
IP Licensing and Valuation
IP Licensing: A license allows an individual or organization (the licensee) to use the intellectual property of another individual or organization (the licensor) in return for remuneration called royalty. Royalty is paid in various forms depending on the situation such as a flat fee, variable fee based on units sold etc. In order to avoid the several possible drawbacks and to create a win-win for both parties, it is imperative to include experts with experience in handling such complex tasks. Innomantra assists in designing a perfect license agreement through negotiations to create a mutually beneficial relationship. We provide services for negotiation and execution of license agreements in different areas of technology.
IP Valuation: IP Valuation is one of the most important and complex activities involved in the commercialization of IP. It involves determining the value of the otherwise invisible and intangible IPR. It is generally carried out for various purposes that include taxation, securitization, sale, licensing, and for raising finances from the stock markets / venture capital / private equity companies. We at Innomantra provide the entire set of services involved in the commercialization of IPR, be it IP leveraging, IP financing or IP valuation.
IP Policy and Portfolio Management
IP Policy and Process Setup: Innomantra assists its clients in formulating a comprehensive IP policy in order to have absolute clarity on IPR related issues such as ownership, rights and obligation of employees and organization, disclosure of invention, non-disclosure of confidential information etc. This becomes extremely important to protect the interests of the firm in case of misappropriation of IP or resolution of IP related disputes. This is usually undertaken after a through IP audit to ensure that every possible avenue of IP creation and existing processes specific to the business are identified.
IP Portfolio Management: We assist companies in managing their IP Portfolio. This includes scheduled follow ups with various patent offices, trademark or copyright registry for proceedings such as reply to examination report, claim amendments, payment of renewal fees for maintenance of a patent, attending hearings, checking status of registration, other office related actions and collection & tracking of license fees and royalties.
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