Intellectual Property Management

Intellectual Property Management (IPM) in Research and Development (R&D) involves identifying, protecting, and leveraging ideas and inventions created during research processes. It ensures that innovations, such as patents, trademarks, and copyrights, are properly registered and maintained to prevent unauthorized use. Effective IPM helps organizations maximize the value of their intellectual assets, encourages innovation, and can provide a competitive edge in the market. By managing intellectual property wisely, companies safeguard their investments in R&D and can benefit financially from their innovations through licensing or partnerships.