A quick note to mention that we’ve put out a list of 10 questions related to IP for venture capitalists, private equity, and other investors to ask of their portfolio companies. My personal top three out of this list are:
1. What proportion of business value do IP and intangibles represent for your investment?
2. What is the business’s IP strategy and does it cover all IP assets, including patents, designs, trade marks, copyrights, know how/trade secrets and contractual IP? Is it written down and known throughout the business?
6. How is the core know-how protected? Does the company have identifiable trade secrets and a know-how control policy? Does this extend into all areas of the business?