Step 1 - Idea, Concepts, Marketable, Proprietary, Business Processes & Brand.
The starting point is an idea, a vision, an architecture, the “Intellectual Property” that may be unique and could be valuable if protected.
First and foremost, map the value! Map the Idea, Concepts, Proprietary IP, Marketable Brand. You can't construct a residence with out a blueprint. The concept applies to intellectual property and it’s value; you can't keep growing your commercial enterprise and defend it with out first figuring out your IP.
Anything you or your personnel create can be eligible for protection. Create a customized document list of the ability of your IP to optimize other product, services or business processes.
Everyone in your enterprise or your organization or even just you should be asking “Do I have IP and does it have significance in the marketplace today? Before you try to protect your IP, you need to discover what form of IP you posses. Although you may understand that you have IP and what trademark and copyrightable material right you or your organization may hold you may also have IP for which you didn’t even recognize as such.
Many businesses understand that many of the processes within the organization could be IP. Unique business practices could be the most valuable assets. You need to understand the value and how you could protentially profit inside and outside your world or organization.
You need also to determine what type of IP you've created, idea, concepts, proprietary, marketable brand. To place it simply, IP is something revolutionary which you create. It makes your commercial enterprise precise and differentiated from others in the market.
This could be any thoughts you can have, models, or even methods and procedures. Can you trademark an idea? Ideas, until expressed or embodied in a few form, can't be legally protected. To foster creativity and innovation, public coverage has improvement to defend hobbies of the mind, permitting the derivation of economic benefit from the equal. Never make the belief that some thing a part of your commercial enterprise is “too common” or “probable can’t be protected.”
When doubtful usually err at the facet of caution. Key commercial enterprise practices precise for your organization are IP which you own; those bring value. Marketing campaigns, formulas, or something supplying a aggressive benefit on your area is IP that could and ought to be protected. By figuring out which assets are IP and have value, think of which hold an advantage on your competition, however you furthermore might benefit treating it as an asset that increases valuation in case you ever plan to promote your IP piecemeal or the commercial enterprise as a whole.
Step 2: Protect
Is the idea unique? If it is you need to decide how to create a framework to protect the idea. Click here...
Step 3: Plan
Life goes on and things happen even though IP has been protected. What you have created and protected needs attention too. Click here...
Steps 4 to 7 - Policies, Access, Agreements, Ownership
Important steps to monetization. Create policies surrounding your intellectual property. Understand what access means and how to protect. Create agreements to protect access and value. Document ownership.
Steps 8 to 10 - Audits, Infringement, Documentation
It is important to audit your intellectual property and status of each asset. It is also important to understand what infringement means and the best way to approach whether you are infringing or being infringed. Documentation will ultimately be the most important piece of the monetization process. Think of it as a documented audit trail.