IP Education
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TOMKINS can assist our clients in identifying what IP assets are owned by their business, in ensuring that these assets are protected and in determining that they are being effectively exploited.
When we conduct an IP Audit, we identify and catalogue all the IP of a business, including all patents, registered and unregistered trademarks and designs, copyrights, database rights, licence and franchise agreements to and from third parties, as well as all industrial know-how and trade secrets. These assets are then analysed and assessed in terms of how well they are protected, their importance to the business and their importance to third parties. This cataloging process enables us to assist our clients in identifying any key assets that are underprotected, and also to assess whether registered IP assets are of sufficient value to warrant the cost of their upkeep. The result is a cohesive, more efficient and better protected IP portfolio.
Our IP mining activities allow us to identify further opportunites for individual assets in a client's IP portfolio through partnering, licensing and other means. This ensures that all IP is exploited to its fullest potential, thereby increasing our client's revenue stream. We can help recognize under-utilized assets and how they may be leveraged more effectively and can also identify emerging exploitation opportunities for established or pre-commercial assets.
The net result of the IP Audit/Mining process is a secure, streamlined and effective IP portfolio that delivers the maximum return on its potential.