How to Optimize your IP Portfolio amidst funding scarcity

With so much uncertainty around government funding and budgets, offices around the world are exploring ways to effectively manage their patent spend, while ensuring they are maximizing their portfolio's success through commercialization and the revenues they generate.

In our work with hundreds of TTOs and IP teams around the world, patterns have emerged for how best to navigate these choppy waters. The most successful offices have developed a simultaneous ability to reduce extraneous spending while also accelerating their highest-impact opportunities. This “slow down to go fast” approach can feel like a major departure from the status quo, but we have seen its success when executed thoughtfully.

In this webinar, Carla Garic (VP Customer Success) and Ronnie Georghiou (Managing Director) drew upon their combined decades of experience, and with a focus on the most successful approaches they have seen over the past few months.

They touched upon:

• Efficiently managing your offices’ IP management workflows internally and externally (i.e. with outside counsel and IP service providers)
• Systems, processes and tricks for informed decision making and proactive control of your IP filings, office actions, formalities and annuities payments across the IP lifecycle
• Enhancing revenue collection through post-deal diligence on agreements
• Pre-execution edits to agreement templates to aid effective collection of upfronts, royalties, and milestones
• Effectiveness through adversity – how to use this moment to set your office up for the long term