IP culture must be a part and parcel of any innovative company’s vision and mission, but, a big question for startups and small and medium-sized enterprises (SMEs) is how to establish an IP culture within their organization. Startups and SMEs can create an IP culture by forming an IP policy for the organization. The policy will ensure that IP culture is embedded in the company on a horizontal level across all functionalities and is practiced by all employees on a day-to-day basis irrespective of the level of engagement.
CXO/Entrepreneurs/Business owners should push to create an IP culture by continuous and rigorous training and awareness campaigns led by the senior leadership team. Employees, staff and contractors should be encouraged to create valuable IP assets for the firm and competitive benefits and profit-sharing agreements can be used for sharing the economic value generated by such innovation and stimulate a culture of innovation. All managers and senior managers should be trained on the principles of effective IP policy implementation and enforcement along with the firm’s IP strategy and position on creation, acquisition, maintenance and enforcement of IP assets and rights. The established IP culture will help your firm to steer its research and development efforts in the direction of market leadership and economic growth.
You can also start IP policy and awareness campaigns in your organization to educate all staff about routine tasks that require special considerations due to IP rights concerns, such as impacts of disclosing innovations or experimental designs and results via academic publications and technical whitepapers, product manuals, etc. Education about detecting and reporting third-party rights violations could also be provided to all staff, including litigation threats to the business due to patent infringement, trade secret violations, copyright violations as well as impacts of open-source software licenses.
For learning more about establishing IP culture in your organization, please connect with us at email@example.com