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Corporate Strategy
There are several strategies an
organization can implement that will provide a more focused and effective
utilization of its intellectual property. Among these are joint ventures,
licensing of trademarks, patents and copyrights, and the establishment of an IP
holding company.
Joint Ventures
In the simplest of terms, joint
ventures allow organizations the ability to utilize a third party's strengths to
more efficiently support their own. For example, a manufacturer of high
quality products may set up a joint venture with a retailer that boasts a
national presence. The manufacturer benefits from the retailer's widely
distributed outlets while the retailer in turn may benefit from exclusive access
to a new product or service.
If
you are providing the IP to be used in a joint venture, IPmetrics can help
determine the appropriate level of profit and expense participation necessary to
compensate you for your contribution. In addition, IPmetrics will work
with you to identify creative solutions to unique situations.
Licensing
The
greatest unknown in any licensing venture is the price to charge for the use of
the asset. IPmetrics can help you determine the appropriate royalty rate
to charge for a specific use of your trademark, patent or other
intangibles. Similarly, we can help you structure your licensing strategy
so that your IP is most effectively utilized by the licensees.
Finally,
before any of these constructs are put in place, we can help determine the
potential benefit of any proposed licensing program through a comprehensive
analysis of the projected results. In this way, concrete answers to many
important questions are in hand prior to any significant investment being made.
Holding Company
Establishing
a holding company for your intellectual property can provide many
benefits. Among these are greater control over its utilization and the
ability to accurately identify and measure results. IPMetrics can help you
to understand the implications of these structures as well as construct
procedures and systems to ensure compliance and track results.
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