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The strategic management and use of patents can enhance a companys commercial success. The Lukas IP Group serves this purpose by using patents and patent management in order to establish a proprietary market advantage, improve financial performance and enhance overall competitiveness for its clients.
IP asset management includes the strategic alignment of IP asset management with corporate and strategic objectives. The Lukas IP Group works with clients to identify, leverage, manage, create and deploy intellectual property assets and to evaluate and prioritize such assets for purposes of seeking protection and to maximize asset value. For example, the Lukas IP Group works closely with developers and managers to identify potentially patentable aspects of a product or service prior to its release and to develop a strategy for seeking protection for the product or service.
IP asset management includes integrating the role of IP with the innovation process. This stage involves working on all levels to identify strategic gaps and opportunities, generating and prioritizing IP. The Lukas IP Group conducts seminars to train clients on such topics as how to avoid losing patent rights, how to manage an intellectual property portfolio, how to prepare invention disclosure statements, and how to keep laboratory notebooks.
IP asset management also includes processes and procedures for obtaining IP. This aspect involves mapping prior art and competitor intellectual property. Furthermore, the Lukas IP Group provides patent watch services that track patents as they issue in a clients area of technology or by competitor or inventor name. The critical point here is that companies must ensure that they protect and leverage whatever it is that adds the most value to their business and whatever represents the most vital sources of their competitive advantage.
Lukas IP Group asset management provides a business-focused process that seeks to align IP asset management plans, processes and activities to the business strategy and objectives. This includes benchmarking IP asset management practices to help identify the right practices for our clients and identifying the IP asset management best practices that will support the key drivers that will enable business strategy implementation.
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