Examines the status of intellectual property rights. An IP Audit is conducted by an
independent, objective and experienced specialist in intellectual property law. It helps to determine
what resources and assets a company has at its disposal and what actions can and should be taken to
improve the protection of intellectual capital. An IP audit can also focus on finding intellectual
assets that previously were unprotected and add significant value to a business.
IP audit leads to the identification of potential legal problems and threats. IP audits can be
related to the evaluation of past and current operations and aim to establish goals and
strategies for future industrial property protection.
Among other things, it helps uncover previously unknown or underutilized IP assets. The IP
audit report also indicates who has rights to the IP and their extent, their possible value
and how to protect industrial property, copyrights and other intellectual assets. During an
IP survey, any third-party threats or problems which may arise from past practice, are
Used by new companies or partnerships that are beginning to establish an intellectual property
protection system and implement protection standards and internal procedures. A general IP audit
also helps prepare a foundation for a reorganization, transformation, merger or start-up in a
connection with preparation for the sale or licensing of industrial property rights already
owned (e.g., patents, copyrights, or design registration rights).
examining a specific sphere of industrial property protection or a specific problem indicated
by the Employer. This is a type of IP audit with the narrowest scope. It usually results
from an ad hoc need and is focused on a predefined component of intellectual property
It can reduce the cost of operations and intellectual property management and decrease potential
losses resulting from negligence or infringement. As a result of the examination, it is also
possible to identify assets that can be a source of new income and intellectual property rights,
the ownership of which does not bring benefits. In this way, revenues can increase. In addition,
cost optimisation occurs. Analyzing the benefits and burdens of owning rights helps you decide
whether it is worth protecting intellectual property and, if so, which rights and how.
the regulations development and contracts with employees. It can also help you define the
principles of cooperation with contractors, suppliers and
customers to ensure the tightest possible protection of your capital and intellectual
Examining the status of intellectual property rights can also help you prepare and carry out
the necessary actions for licensing industrial property and copyrights and preparing for the
sale of your business or its shares or exclusive rights. An analysis of your intellectual
property may also affect the evaluation of your company's shares, stock and business
prepare for protection against third-party infringements and identify directions for possible
action. An IP audit also allows you to prepare for potential disputes, assessing the risk of
liability for infringements that may be committed by the Employer.
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