IGNOU MIP 108 2018 - Explain the situations where valuation of IP is important for an organ

Question

Explain the situations where valuation of IP is important for an organisation.

12 Feb 2018

Answer :

Word Count : 364

intellectual property valuations and protection in the modern economy involves the strategic management and mitigation of IP risks.

Firms of all sizes and purpose are motivated by similar goals in the creation of such programs:

to identify what constitutes a risk sensitive intangible asset;
to address new and emerging threats to IP;
to properly allocate available risk resources given limited funds; and
to achieve compliance within the legal and regulatory environment in which they operate.

In this context, there are several trends

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