IP Assets Are the Heart of a Tech Company's Competitive Advantage

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It goes without saying that intellectual property assets are the heart of a tech company's competitive advantage. So, you have to value them accurately to make informed decisions during global expansion.

Before scaling, you need to conduct a thorough IP audit first. By assessing the strength, uniqueness, and market potential of your IP assets, you can determine your value in a global marketplace. This should include, for example, new product designs, manufacturing equipment, and process recipes for making your new products.

The bottom line in any such analysis is to determine the financial benefits that your IP assets are expected to deliver to a new venture that you may license or otherwise partner with. 

As young tech companies set their sights on global expansion, the wisdom and guidance of an experienced IP investor can make all the difference.

Stop Fakes, That Is, Global Intellectual Ones

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Are you a small business? Well I sure hope so if you are reading this blog. As we are learning, success in a global economy depends more and more on intellectual property (IP) assets. In fact, IP-based businesses and entrepreneurs drive more economic growth in the United States than any other single sector.

Unfortunately, intellectual property has captured the attention of pirates and organized crime. Today, piracy, counterfeiting and the theft of intellectual property pose a serious threat to all U.S. businesses. Industry estimates of the cost of such theft range from $250 billion to 750,000 jobs per year. These threats to ongoing invention and innovation make it important to consider securing IP protection, whether you're a major multinational firm or a 1-person home business.

Stop fakes (fraud) and start taking action. Visit the site here.