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Conduc-ng an IP Audit and Managing IP Assets - agepi

Conduc-ng an IP Audit and Managing IP Assets - agepi

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1. Underst<strong>an</strong>di<strong>ng</strong> <strong>an</strong> <strong>IP</strong> <strong>Audit</strong><br />

Event driven <strong>IP</strong> <strong>Audit</strong> <br />

• oJen called “<strong>IP</strong> due diligence” (part of a general DD audit) <br />

• oJen requires “non-­‐disclosure” agreement <br />

• Aims: <br />

– to iden>fy, locate <strong>IP</strong> assets <strong>an</strong>d to assess the nature <strong>an</strong>d scope <br />

– to evaluate their benefits <br />

– to allocate risks associated with the ownership or use of them <br />

– To iden>fy problems in <strong>an</strong>d barriers to the tr<strong>an</strong>sfer, hypotheca>on or se<br />

curi>za>on of the <strong>IP</strong> assets under considera>on <br />

– To iden>fy <strong>an</strong>d appor>on between the two par>es the expenses incide<br />

nt to the tr<strong>an</strong>sfer of <strong>IP</strong> assets under considera>on.

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