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IP Audits

BananaIP Counsels > IP Audits

Audit for IP Systems to Derive Business Value

The post was first published on November 5th, 2011. The value of IP for businesses is today an accepted fact. As I had mentioned in my earlier posts, companies are today grappling with establishing systems and mechanisms to derive value from IP rather than questioning its value as earlier. One important step in the process is uncovering IP in the company and categorizing its value for the business. I have elaborated on the role of IP Audit for identifying IP in my last post and my focus of this post is on using audit for establishing processes to derive business value. A...

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What is your IP worth? Improving Revenues and Financial Value of a Company

This post was first published on October 21st, 2011. A company's Intellectual Property (IP) is one of its most valuable assets. The value of a company's IP is directly proportional to its R&D and innovative activities. The IP Value of most companies that are research-based is generally much higher than their tangible assets.  Most companies in India have today realized the value of IP but fall short with respect to its planning, optimization, and utilization for gaining business benefits. In order to make the best of IP, every company must not only generate intellectual assets but also protect, manage, enforce and...

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Weekly Copyright News: Draft Copyright Manual Published, FIR Against Park Hyatt, Global Streaming Wars And Other News

Indian Copyright Statistics, Draft Copyright Manual Published, FIR Registered Against Park Hyatt, Hyderabad For copyright Infringement,  Meme Creator Sues Info Wars,  Disney vs Netflix: Global streaming wars and more are presented by the Copyright and Entertainment Law Attorneys and experts of BananaIP Counsels, India’s Premier New Age IP Firm COPYRIGHT QUOTE OF THE WEEK "Of all the creative work produced by humans anywhere, a tiny fraction has continuing commercial value. For that tiny fraction, the copyright is a crucially important legal device" – Lawrence Lessig INDIAN COPYRIGHT STATISTICS There was an increase of  34.76% in the total number of copyright filings compared to the last week....

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Finding Ideas, Inventions and Creations in Companies – IP Audits XII

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Intellectual Property (IP) is like any other business tool, and a company must know how to use it to gain business and financial value. Simply put, Intellectual Property can add value to a company, provided the company wants it to add value, invests in IP appropriately, and knows how to derive value from IP. Many companies lose out on value from intellectual property because of lack of commitment, investment or knowledge. Value of IP Audits As outlined earlier, an IP Audit can help a company in many ways. It can help a company: Identify ideas, inventions and creations that may be converted into...

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IP Audits/Mining and Business Value- A Presentation by Dr. Kalyan C. Kankanala at CII

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The following presentation titled “IP Audits/Mining and Business Value”, was delivered Dr. Kalyan C. Kankanala (Managing Partner, BananaIP Counsels) at a conference on intellectual property management organised by Confederation of Indian Industry (CII). The presentation was given to an audience consisting of participants from MNCs, corporates, MSMEs, innovation, IPR research and consulting firms / institutes, R&D companies, IP consultants, academic institutions, scientists etc. The presentation covered the following topics. Just One Layer Experience of IP Audits Purpose of IP Audits IP Audit at a Start-up IP Audits for SMEs IP Audit for a MNC IP Audit as a Tool Creativity...

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Finding Ideas, Inventions and Creations in Companies – IP Audits VII

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Case Experience 4 - IP Audits for SMEs (Project for UNIDO (United Nations Industrial Development Organization)) The case experiences are based on the 120 audits we had performed in India over the last ten years. The audits gave us invaluable insights into the role of IP in business in the Indian context, and we have tried to encapsulate some basic results/learnings at a macro level through these experiences. The names of companies and business details have been consciously avoided to comply with confidentiality covenants and professional obligations. Background As a part of its project to help SMEs scale up, UNIDO wanted to help...

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Finding Ideas, Inventions and Creations in Companies – IP Audits VI

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Case Experience 3 - IP Audit for a Start Up The case experiences are based on the 120 audits we had performed in India over the last ten years. The audits gave us invaluable insights into the role of IP in business in the Indian context, and we have tried to encapsulate some basic results/learnings at a macro level through these experiences. The names of companies and business details have been consciously avoided to comply with confidentiality covenants and professional obligations. Background A start-up in the creative art space requested for an audit to identify potential IP, and devise/frame an IP Strategy/Policy as...

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Finding Ideas, Inventions and Creations in Companies – IP Audits V

The image has a bulb and a pen drwan on it. The post is about discovering ideas and inventions as a part of Ip audits. To read more click here.

Case Experience 2 - IP Audit at an Indian Company The case experiences are based on the 120 audits we had performed in India over the last ten years. The audits gave us invaluable insights into the role of IP in business in the Indian context, and we have tried to encapsulate some basic results/learnings at a macro level through these experiences. The names of companies and business details have been consciously avoided to comply with confidentiality covenants and professional obligations. Background A large electronic manufacturing services company based in Kerala, requested for an IP Audit. Except for a few trademarks, the company...

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Finding Ideas, Inventions and Creations in Companies – IP Audits IV

The image has a bulb and a pen drwan on it. The post is about discovering ideas and inventions as a part of Ip audits. To read more click here.

Case Experience 1 - IP Audit at a Large Multi-National Company The case experiences are based on the 120 audits we had performed in India over the last ten years. The audits gave us invaluable insights into the role of IP in business in the Indian context, and we have tried to encapsulate some basic results/learnings at a macro level through these experiences. The names of companies and business details have been consciously avoided to comply with confidentiality covenants and professional obligations. Background A large multi-national company specializing in heating, ventilation and air conditioning requested us for an IP Audit. It is an...

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Finding Ideas, Inventions and Creations in Companies – IP Audits III

Every company has a ton of ideas, potential intellectual assets, waiting to be found. Excavating/Mining all of them is not very easy because they are often lurking in the haystack of information, materials and minds. The task requires special research skills, knowledge of business processes, unique people skills, extensive document review, and keen/informed minds. The quantity and quality of ideas that can be mined always depends on the skills and abilities of the miner/auditor. The Process The process of finding ideas involves three basic steps. They are: Business and Technology Review; Business/Technology Information and Material Gathering and Review; and Interviews with select personnel. Each of the...

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