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Step 1

Develop your IP strategy

With information becoming more available and traditional trade barriers continuing to erode, IP has become the primary means for successful businesses to establish and maintain competitive advantage.

Although IP is increasingly recognised as the leading currency of business today, many businesses fail to appreciate the true value of their intellectual assets and to strategically exploit those assets.

Effective IP strategy involves creating, protecting, managing, commercialising, and enforcing IP rights - all in ways which support and seamlessly integrate with strategic plans of your business.

This means understanding your technical and commercial market position within the prevailing competitive landscape, and how your vision for the future of your business will fit with, or alter, that landscape. It also means understanding how to secure your intellectual capital cost effectively, and thereby protect future returns on your investments in R&D and marketing.

All of this depends on clear thinking and guidance and a close working partnership with astute and trusted professional advisors.

Shelston IP’s comprehensive services and advice include:

• searching prior IP rights and “mapping” the IP landscape to ensure freedom to innovate and operate in target markets
• monitoring competitors’ IP activities

• developing and implementing protection strategies for current and new technologies, products, processes, designs and brands

• ensuring optimum alignment between IP strategy, R&D planning and broader commercial objectives

• training your personnel in best IP management practices, empowering them to capture new opportunities for IP creation.

 

Step 2

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