Intellectual Property IP Strategies

Building IP Strategies to Achieve Business Goals

In recent years, business entities have been shifting their IP activities from “passive IP activities,” in which the main objective is to obtain IP rights such as patents, design rights and trademarks, to “active IP activities,” in which the business objectives behind obtaining IP rights are made clear and IP strategies for achieving such objectives are well established.  Such objectives vary from company to company.  They could be, for example, seeking the increase of IP licensing revenue, ensuring the protection of such company’s products, putting pressure on competitors by developing a large IP portfolio or building a firm barrier against companies entering the business.  Through collaboration between Attorneys and Patent Attorneys who are highly experienced in IP consultation and by working closely with our clients, TMI Associates will build IP strategies that are suitable and tailored to meet the individual needs of each client.

Building IP Portfolios in Accordance with IP Strategies

Regardless of the type of IP strategies involved, IP portfolio development is essential.  A wide variety of matters/activities must be considered and carried out when developing an IP portfolio, such as determining the number of applications for patents, designs or trademarks which will achieve the client’s business goals, the selection of technology areas and the products which are to be protected by such IP rights, decisions as to open or close of IP, the choice of countries where patent applications are to be filed, the establishment of rights while taking competitors’ products into consideration, and the optimization of portfolios through IP transactions such as patent sales.  TMI Associates will propose methods and strategies for building IP portfolios that are suitable for each individual IP strategy and will provide the legal services necessary to make such portfolios a reality.

Supporting IP Negotiations

IP and business negotiations with other companies are unavoidable steps when companies include “IP utilization” in their IP strategies.  These negotiations have a lot in common with IP transactions which TMI excels in, and these negotiations sometimes result in IP lawsuits.  While TMI also has undoubted strength in the field of IP lawsuits, only a small percentage of patent negotiations among companies actually result in IP lawsuits, and even less reach final judgments.  Patent and business negotiations also often require techniques that are different from those used in IP lawsuits, and TMI strives to help clients accomplish their goals through collaboration with Attorneys and Patent Attorneys who are highly experienced and skilled in negotiations.