Processes

The processes that are employed in a company’s organization, structure and management are part of the intellectual assets of a company.

Processes include:

  • business and management processes.
  • processes used to organise your people and knowledge.
  • how you create innovation and convert it into quantifiable products and services.

These processes are also intellectual assets.

The strategy for protecting your intellectual assets in the form of patents, trade marks and registered designs is itself a business process used in Intellectual Asset Management.

For instance, innovating a new faster and cheaper manufacturing process may increase your efficiency and effectiveness, and also increase your know-how. Intellectual Asset Management may involve a strategy to protect your new manufacturing processes via confidential information as a trade secret, or with patent and design registration in line with your vision and values.

 

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