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Intellectual property management
Intellectual property management
Definition
Intellectual property management (IP management) covers the practices that aim to protect, enhance and monitor an organisation’s IP rights: trademarks, patents, designs, copyrights, domain names and trade secrets.
Operational scope
- Filing and registration of titles
- Renewal and fee tracking
- Steering of the trademark portfolio and domains
- Monitoring infringements, oppositions, counterfeiting
- License management, assignments and litigation
Why it matters
IP often represents the most valuable share of a company’s intangible assets. Weak management leads to:
- Loss of rights (missed renewal, cancellation for non-use)
- Long and costly litigation
- Weakened brand cybersecurity against cybersquatting
Mature organisations professionalise IP management with dedicated IP software or IP solutions that centralise titles, automate alerts and connect with external counsel.