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A55 - Intellectual Property Decision Making

Knowledge Roundtable, Management Roundtable, Inc., Waltham, Massachusetts, USA
December 2004

This article explores the coming changes in the way companies account for and manage their intellectual property (IP). Factors affecting IP decision-making are discussed including costs, valuation and the life cycle of the IP. Results from GGI�s 2004 Product Development Metrics Survey provide data on the current state of maturity of the IP management decision process compared to that of the product selection process. The article comments on some opportunities for companies to learn lessons from advances in product selection processes for improving their IP management.

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