Figure 1: Success factors for implementing a successful IP strategy.
From: Building a strategy for maximizing intellectual property value
This strategy includes: a business strategy that has IP as a core component and forms the foundation for the IP strategy; an inventory of inventive capabilities that is aligned with your company's business and IP strategies; a system to gather IP intelligence that provides an informed understanding of your company's competitive IP landscape; a rational, written IP strategy that is aligned with your company's business strategy, including IP vision and IP plan; a fully functioning, multidisciplinary IP team that is empowered to execute the IP strategy via the IP value chain8 to produce an IP portfolio that is aligned with your business objectives.
