How to extract value from dormant IP
01 February 2002
Dust off your dormant IP and reap the benefits of donating it to a non-profit organization. Not only can it bolster your bottom line; it can also foster R&D and academia, reports Ingrid Hering
A challenging economic climate can raise the spectre of cost
cutting and spur a flurry of mergers and acquisitions. It can also
force a company to examine its assets more closely to determine
whether it is extracting optimal value from its IP.
Conducting an IP inventory is only one step in the process of
maximising your R&D investments. Once you know what you have,
you must decide what to do with it. Sometimes the opportunity cost
of maintaining a piece of dormant IP can be greater than offloading
it, or giving it away.
Donating IP is by no means a new option in the IP management
tool kit, but it has grown in profile and popularity over recent
years, particularly in the US where it originated.
Non-profit organizations such as universities and research
institutions are increasingly attuned to the potential wealth of
knowledge and commercial benefits that can flow from...
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