Intellectual Property Management System
Every company wants to build a successful and profitable business, for this it invests in development and acquires assets. Its assets create business value. But what should be done for companies whose main asset is technology and intellectual property? Build your intangible business.
Technology is not always patents, sometimes it is just information about how a process is going on, how to do work, to get the desired result, a way to solve a production or business problem, to whom this result is to be sold and at what price.
What is intellectual property for? — This is a form of monopoly. Those who own it may prohibit everyone else to use it or charge them for the use of intellectual property. Moreover, the board can be any, there are no restrictions. But there are rules for its design. By default, the rights to the results of intellectual activity occur in people whose personal creative work they created.
Only if the company has registered the rights to itself — has signed the contract, the employment contract with the official author, the deed of acceptance and transfer and the remuneration paid — the exclusive right passes to the company.
In order to manage this process, an intellectual property management system is needed. Its main task is to store everything you need, draw up contracts, take into account payment and form the value of the asset for the company. This eliminates the risks of collecting money from the company for violating the exclusive right (because the company will have evidence that the right belongs to it) and increases the value of the company for the market and investors.
The most convenient way to set up a management system is to register with IREG. We have simplified all business processes and done so, the design takes a couple of minutes. Start building your intangible business right now.