A pragmatic approach to intellectual property (IP) audit for start-ups

A pragmatic approach to intellectual property (IP) audit for start-ups

  • Published on in IP News

Unlike established businesses that normally have their IP activities documented in detail by experienced staff, most start-up companies do not have a comprehensive understanding of their IP. This means the traditional questionnaire-centered IP audit approach will not work because the questions may not be interpreted properly, and the answers may not be accurate due to lack of IP experience and valid IP record.