Some of our clients and most companies face various difficulties in managing their own Intellectual Property, apart from the lack of knowledge on the existence of the intellectual property. IP is a valued strategic and financial asset for every organisation. As with other resources, IP should be prudently managed and the value be known. With inappropriate management, organisations may be unaware of their IP assets, the value or benefits, or may find themselves in unnecessary risks especially with IP owned by third parties.
SMAS-IP offers IP Auditing as an on-going undertaking which creates a comprehensive register of client’s IP assets and establishes methods of management. Usually, this process also demands the identification of underutilized or unused intellectual property assets, whether owned by client or owned by third parties.