IP Audits & Strategy
Are You Maximising the Potential of your Intellectual Property?
What IP am I generating on my R&D projects?
What IP do I own?
Is my IP protected effectively?
How can the IP generated be used to support the commercial exploitation of the resulting products/services?
If you need answers to any of these questions, then you should talk to us!
All R&D businesses create Intellectual Property (IP) and this can include patents, trademarks, copyright (computer software), registered design knowledge and trade secrets.
IP can be a company’s most valuable asset, especially for technology SMEs and yet a recent survey by the Patent Office revealed that only 4% of companies have an IP policy.
When planning its innovation strategy, it is essential a company considers how best to protect and exploit the IP it will create, and how to structure the business to realise maximum potential from the IP, saving business tax during the course of the trade and also on exit from the company.
Registering and protecting IP can be an expensive task and should only be undertaken if quantified future benefits can be identified through protecting market share growth and/or licensing opportunities for example.
MSC R&D understands the importance that IP strategy plays in the development of a successful Innovation strategy and has over 20 years’ experience in this area within the technology sector. Our financial, technical and marketing specialists can guide you through the complete process, ensuring that your investment in IP delivers maximum benefits, from both a market exploitation and a tax efficiency perspective.
Our R&D client base boasts some of the UK’s most innovative companies, all in high-technology sectors.
Commercially focused Experts
Our IP experts all have extensive practical experience in innovation and IP strategy and specialise in assisting organisations with the commercial and strategic exploration of their IP.
Our ‘Fast-Track Blitz’ processes produce results within the optimum time frames.
Minimum client impact
Our ‘Fast-Track Blitz’ methodology ensures the minimal amount of disruption to our clients.
Our range of services can be tailored to meet your requirements
We are ISO9001 accredited and European Foundation for Quality Management (EFQM) Committed to Excellence (C2E) 2 Star Certificate – with detailed proven processes and quality management.
Additional R&D funding services
We are specialists in R&D strategy, funding and commercialisation, offering a wide range of services, including R&D tax relief and grant funding.
Before any R&D technology company begins to develop and implement an IP strategy, it is essential they assess their current position in terms of ownership and protection. Historical agreements, or the lack of them, may not offer the company sufficient protection going forward.
MSC R&D can undertake a thorough review of a client’s current IP situation, including:
- Reviewing and reporting on existing IP agreements, covering:
- Sales agents
- Technology partners
- Academic partners
- Service providers
- Professional service providers
- Reviewing and reporting on existing IP protection and Risk Exposure
- Reviewing Copyright protection
- Reviewing Trade Mark protection
Having established a client’s current position, MSC R&D can provide the necessary expertise and resource to assist in researching and developing any future IP strategy. Services include:
- Investigating and reporting on the business need for Patent protection, on a territorial basis
- Providing complete IP audits, including valuations and Return on Investment statements
- Undertaking research and analysis into:
- IP competitors
- IP innovation drivers
- IP market sector drivers
- Developing IP R&D strategies
Once our client’s IP strategy has been defined, MSC R&D can take on the complex and time consuming task of developing new agreements to protect IP in all business relationships. This can include:
- Undertaking the Patent process, in partnership with MSC R&D’s Patent Attorney professionals
- Undertaking a process of protecting Copyright and Trade Marks and reducing IP risk exposure.
- Undertaking Trade Mark and Design Marks registration in partnership with MSC R&D Trade Mark professionals.
What should I do next?
If you are a R&D driven business and have neither clarity over your current IP nor a policy/strategy for moving forward, then you should contact us now for an IP audit.