The challenges of Intellectual Property

IP management is often perceived as complex and time-consuming, particularly because of :

• Registration and maintenance processes: Obtaining and maintaining IP rights involves complex and lengthy administrative processes, with specific requirements for each type of IP right.
• Diversity of regulations: Each country has its own IP laws and regulations, making it difficult to navigate these varied legal systems and spending time looking for the right information.
• Internal risk management: Employees don’t always have the right reflexes, and an idea or invention can easily slip out of the company, jeopardizing company secrets and hard-won technological advances.
• External risk management: It’s important to ensure that we develop open-source solutions, which requires proactive research and monitoring that can be time-consuming for our teams.

Our solutions to this challenge are twofold:

• On the one hand, TIPM offers IP Manager or IP Director services on a time-sharing basis, enabling companies to benefit from the expertise of a professional without the costs associated with a full-time position, thus freeing teams from this overload.
• On the other hand, we offer specialized tools such as Riport for IP management, IdeaHor for managing and time-stamping innovative ideas, and Tegnosis for patent watch. These tools enable efficient IP management, freeing up valuable time for companies.

A huge challenge is the lack of IP knowledge.

Many employees are not sufficiently informed about good IP practice and how to protect it. Without a minimum knowledge of IP, employees can :

• Not fully understanding the rights and obligations related to the use and protection of intellectual assets,
  Leading to unintentional infringements of others’ IP rights, resulting in litigation and sanctions,
• Not fully recognizing or valuing IP opportunities,
• Limit innovation and collaboration, especially when projects involve external partnerships requiring shared management of IP rights.

At TIPM, we offer tailor-made IP training courses and an IP serious game, designed to educate and raise awareness among employees of the importance of IP, thus strengthening their ability to innovate and proactively protect their intellectual assets.

The lack of human and financial resources is a major obstacle to IP management for several reasons:

• Shortage of IP experts: IP expert profiles are rare and highly sought-after. Finding qualified IP professionals who understand both the legal, technical and commercial aspects can be difficult, limiting companies’ ability to effectively manage their IP assets.
• High IP costs: Protecting and managing IP can be costly, especially for companies seeking to protect their innovations in multiple jurisdictions. Without effective and controlled management, the costs of registering, maintaining and defending IP rights can add up quickly, posing a financial challenge, particularly for SMEs with limited budgets.