When To Conduct An Intellectual Property Audit

• Posted by Geoffrey G. Gussis on September 22nd, 2005


• Filed in Intellectual Property

When was the last time your company conducted an intellectual property audit? If you can’t remember, it’s probably time for a new one - as the IP Counsel Blog points out:

"An intellectual property audit is a review of an organization’s intellectual property assets (e.g., patents, trademarks, copyrights, trade secrets). As part of the cycle of obtaining, enforcing or selling intellectual property assets, it is necessary to frequently review an organization’s intellectual portfolio to ensure that it is in tune with the organization’s overall business objectives.

In general, it is wise to conduct an IP audit at least once a year and sometimes more frequently such as every quarter depending on the size of the organization and the amount of intellectual property assets involved."

Link: IP Counsel Blog: When To Conduct An Intellectual Property Audit.