The Increasing Importance of IP Assets As businesses evolve in the digital age, value has shifted significantly from physical assets to intangible assets. Brand identity, software, creative content and innovative products often have canadian whatsapp number greater value than traditional assets such as buildings or machinery. This change makes IPRDD crucial for accurately assessing a company's value and growth potential.
Risk Management IPRDD acts as a risk management tool. It identifies any legal concerns that could jeopardize a company's finances or reputation, such as potential infringements or conflicts with intellectual property. For example, it could save costly legal action and enable tactical refocusing before major costs are incurred if a flagship product is found to infringe a competitor's patent. Improving Investment and Revenue Strategies An IPRDD gives acquirers and investors a better understanding of what they are buying.
