Do you and your teams understand the basics of IP?
Understanding the basics
Do you have a storage system for all new ideas, inventions, content, photos and creative output?
Storing new ideas
Do your employment contracts make reference to IP?
Have you identified the intangible assets of your business?
Identify intangible assets
Do you have a clear idea of who owns and controls all IP within your supply chain?
Do you track your competitors’ IP?
Tracking your competitors
Do you have standard terms or agreements in place to be used when engaging external agencies, consultants or freelancers?
Agreements with external agencies or freelances
Has your IP been created in collaboration with a third party?
Third party collaborations
Have you got a strategy in place to address how you will enforce and fund your IP assets, if required?
Enforcement and funding
Do you see IP as an asset and consider its licence, sale or purchase as part of your commercial strategy?
Licence, sale or purchase of intellectual property
Are you aware of the default position regarding ownership of IP rights, in particular, ones that are created by commissioned third parties?
Third party commissioned work
Do you have a policy and framework in place to ensure valuable IP is identified early and assessed for protection or infringement before it is disclosed externally?
Assessment for protection or infringement
Do you have NDAs and confidentiality agreements in place to protect your intangible assets?
Have you identified the intangible assets that deliver the most value/competitive advantage for your business?