Why it’s important to protect your IP. What is your IP worth to you as an innovator?
A stable economic system can be measured by how well a country protects and manages its real property. As we’ve progressed over the past couple of decades to a knowledge-based economy the need to manage property rights has not changed but the tangibility of the property has. We live in a world driven by ideas and innovation and realising this value in commercialising intellectual property (IP) is something small to medium sized businesses are beginning to understand. “Intelle