IP rights management of RSG media
Intellectual Property (IP) Rights Management
Intellectual property management (IP) is a system that manages intangible creations of the human intellect and primarily encompasses copyrights, patents, and trademarks. It also includes other types of rights, including publicity rights, and rights against unfair competition.
Intellectual property rights management / intelligent property rights strategy (IPR strategy) is a strategy for managing a company’s intellectual property rights portfolio. It also covers the following intellectual property rights such as patent, trademark protection, design protection, and copyright.
The law and administrative procedures relating to Intellectual Property Rights have their roots in Europe. The trend of granting patents and trademarks started in the fourteenth century.
IPR enhances technology advancement in the following ways:
- It implements a device for handling infringement, piracy, and unauthorized use.
- It provides a pool of information to the general public since all formats of Intellectual Property are published except in case of trade secrets
The term intellectual property rights strategy management is sometimes used as an overarching strategy for managing the company’s intangible asset, for example, the name of the company, a service, the logotype, music, computer programs, internal manuals, and working methods, business concept, etc.…
An intellectual property rights strategy helps the entrepreneur to manage these intangible assets professionally, to maximize the commercial benefits. IPR covers the questions such as, which type of patent can be licensed out or sold, what kind of patent should be purchased, other ways to use the intellectual properties rights, and how to commercialize them and make money.
A good intellectual property rights management should include both an analysis of competitors and an analysis of risks and take into account the company’s long-term commercial objectives.
Intellectual property rights management needs to know the following:
- Hands-on management experience, ideally in managing the daily operations of an intellectual property law office.
- Experience as a patent paralegal