Bìznes Inform (Jan 2024)
Intellectual Property Audit as a Component of the Management Process of the Objects of Organization’s Intellectual Property Portfolio
Abstract
The aim of the article is to define the essence of the process of auditing the intellectual property of an organization and to study its features in the context of business development. It is determined that the main purpose of an intellectual property audit is to collect information about what intellectual property (IP) has been created or acquired and what steps have been taken to protect it. It is also necessary to analyze the procedures for documenting and protecting intellectual property used in the enterprise. The main tasks of the intellectual property audit are noted as follows: inventory of all issued patents and patent applications pending consideration; cataloging license agreements; analysis of the consistency of the intellectual property strategy with the corporate strategy of the enterprise; cataloging documents related to previous litigation, disputes, analysis, or research; review of intellectual objects of property (IPO) portfolio management plans and the company’s policy on intellectual property strategy. The carried out research allowed to conclude that the implementation of the IP audit allows the management of the organization to determine the existing intellectual products, submitted applications and already received IPO, their commercial potential in the context of the organization’s development strategy. In addition, in accordance with the development strategy, the audit of the organization’s IPO allows you to determine the need to obtain external IPOs, as well as to review the strategy for managing the IPO portfolio. Prospects for further research in this direction are the development and improvement of methodological instruments for the process of auditing objects of intellectual property of an organization as a component of the process of managing the IPO portfolio.
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