New Day Consulting Services, LLC works together with businesses and organization to help manage intellectual property. Learn more about our intellectual property management services here.
2. Intellectual Property Management
The purpose of intellectual property (IP) is to
encourage innovation. IP can be protected by
copyright, trademark, patents, licensing,
tradesecrets, etc. New Day Consulting Systems,
LLC, collaborates with organizations to help
better manage intellectual property.
3. In 2014, all major brands and
companies have one significant factor
in common: all have commercially
exploited innovations and
technologies along with well defined
IP management strategies that
support their business models.
Trends in IP Management
4. For some of these companies
intellectual property licensing and protection
can help expand business revenue streams.
5. For others, such as Google,
the strategic implementation of
“fair use” under U.S. copyright law
has aided in the success of Google Search.
6. It is recommended that all technology and franchise
companies consider how they develop and use intellectual
property that is owned by them or a third party.
7. Future business models will succeed or fail
based upon choosing the correct approach
to intellectual property management.
8. WIPO encourages businesses
to consider IP management
when developing business plans
and marketing strategies.
The World Intellectual
Property Organization (WIPO)
9. WIPO also suggests that businesses
cultivate various intellectual property
management policies that should be
incorporated into their business plan and
strategic development.
10. For more information about intellectual property
management, please visit our website.