Potential for Intellectual Property
Question
What assets in my business have the potential to be turned into intellectual property?Answer
Consider any assets that set you apart from your competition such as what is unique and proprietary about your product or service that "differentiates" you and gives you a competitive advantage. One way to gauge the potential intellectual property value of an asset is to ascertain whether or not other parties would pay you to be able to use that asset such as a design, product, service methodology, etc.
- February 15, 2014
- Legal
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