If You Don’t Know What You Have, How Can You Make Money With It?
Intellectual property is like a buried treasure. It’s a rich deposit of wealth hidden in plain sight. The trick is to find and identify it.
Without an IP inventory, you’ll risk missing valuable parts of your IP. Your IP is more than just a product, brand, book, or software. IP extends into many formats, including customer information, software source code, business models, databases, operations manuals, professional expertise, and much more.
Through the IP inventory process, you will discover new and different ways to make money through licensing. Once you know what you have, you’ll be able to develop licensing deals that take advantage of your IP’s full money-making potential.