Open Intellectual Property Management

Open Intellectual Property Management (OIPM) refers to the practice of managing ideas, inventions, and innovations in a collaborative way that encourages sharing and cooperation. In the context of Open Innovation Management, it involves creating systems that allow individuals and organizations to freely share their knowledge and resources while protecting their rights. This approach fosters creativity and accelerates development, as different parties can build on each other's work. Essentially, OIPM enables a more open exchange of ideas, leading to more effective problem-solving and innovative solutions across various fields.