Challenges in IP Portfolio Management

  Our previous post in this series discussed the value Intellectual Property brings to business and why managing the life cycle of IP systematically and efficiently becomes imperative. However, efficient management of the IP life cycle comes with its share of challenges that need to be addressed continuously and consistently to ensure smooth prosecution life of the IP. Today’s post is aimed at discussing some of the challenges professionals in IP face while managing IP portfolios.   Challenges with respect to timelines Each IP application has numerous deadlines during its lifecycle. For each application, the process and deadlines vary based on the country where...