Portfolio Management- IP

Develop and maintain an IP portfolio to organize and manage IP and maximize its value to give a competitive edge to the organization and expand investment and partnership opportunities



Competency Area

IP assets development and management


Understands IP portfolio and its benefits

Describes intellectual property portfolio, rationale behind comprehensive IP protection and its commonality with respect to the organization's niche (such as copyrights for marketing materials, trademarks for business logo etc.)

Maintains IP database (patents, trademarks) to track technological developments, potential licensing partners and probable infringement cases

Understands the benefits of managing an IP portfolio (such as barriers to entry, investment opportunities)

Synthesizes portfolio needs and potential IP assets

Documents processes and metrics to evaluate new IP and recommend actions (Such as IP ownership checklist, license status)

Identifies the portfolio needs in consultation with internal teams, clients and outside counsel across the different stages of the IP lifecycle and vis a vis the competitive IP landscape

Creates a standard for IP generation and management towards balanced risks and predictable outcomes (such as IP asset register,

Identifies key potential and existing IP assets within the organization in consultation with legal, product and business teams

Oversees IP portfolio management and maintenance

Manages and oversees the maintenance of IP portfolio (this includes invention identification and harvesting, strategic analysis, IP application preparation, and prosecution)across multiple product categories to ensure compliance

Proposes and executes strategies for protecting and expanding domestic and international IP portfolio

Determines appropriate protection for key IP assets and Prepares IP risk management strategies

Conducts patent searches, portfolio assessments and reviews IP docket

Evaluates risk management and market alignment

Evaluates IP portfolio management to identify areas of improvement

Assesses effectiveness of existing IP risk management process and its alignment with the organization's overall objectives and strategies

Analyzes the choice of appropriate IP rights and the scope in aligning with niche market segment