Mapping and aligning intangible assets (IA) through product development stages is a critical process for innovators seeking to maximise the value of their innovations.
One of the most exciting developments in recent years is the rapid and accelerating commercialisation of space which has a seen a transition away from government-led projects towards private enterprise.
A patent provides a limited monopoly right to exclude others from performing your invention. In return for this right, the invention described in the patent is made publicly available.
Identifying and quantifying Intangible Assets (IA) is a common dilemma for organisations of any size, from bootstrapped start-ups to massive global enterprises.
Patents are filed for a number of reasons, whether it be offensive or defensive. But, at some point, there should have been a commercial decision to file a patent to protect an invention that has resulted from research and development (R&D).