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Indian Institute of Technology Roorkee

Intellectual Property Portfolio Management

Indian Institute of Technology Roorkee and NPTEL via Swayam

Overview

ABOUT THE COURSE: In today's ever-changing and competitive business environment, the effective management of intellectual property is crucial for maintaining a competitive edge. Moreover, Effective management of IPRs is the necessity for survival in the market. IP Portfolio management is gaining popularity worldwide as IP forms the base of manufacturing sector as well as for the knowledge economy. The objective of this course is to provide the audience with an in-depth comprehension of the strategic elements of IP portfolio management, enabling them to optimize the value of intellectual assets. The course will furnish the learners with the necessary tools and insights to navigate from basics of IPR to effective strategies in managing IP Portfolios. Accompany us on this enlightening journey if you wish to explore the fundamental principles, tactics, and exemplary methods that form the foundation of IP portfolio management in present world full of competitiveness.INTENDED AUDIENCE: Students of B. Tech, M.B. A, M. Tech, M. Design and Pre-PhD whose course curriculum includes study on various aspects of Intellectual Property Rights Students of other discipline who are interested in learning Intellectual Property and its management role in Nation’s economyStudents of B. Tech who wish to opt Career as Patent Agent and Patent Examiners Working Professionals who want to use IPRs as a strategic tool for their career growth and advancementINDUSTRY SUPPORT: All leading companies in area of R & D, Technology Management, IP Management and IP evaluationCourse is also suitable to SMEs as some of the modules are designed keeping Intellectual property needs of SMEs needs in mind.

Syllabus

Week 1:
  1. Understanding various Portfolios Nature and Scope of Innovation
  2. Understanding Basics of Intellectual Property Rights (IPRs)
  3. Types of Intellectual Property Rights and their application
Week 2:
  1. Various IP Strategies
  2. Understanding importance of Competitive Strategies and IP Strategies
  3. Aligning IP strategy with R&D and business strategies
  4. IP SWOT (strengths, weaknesses, opportunities and threats) analysis
Week 3:
  1. Generation of inventions
  2. invention portal
  3. invention disclosure form
  4. submission of inventions, Screening; novelty search; review processes, Invention assessment
Week 4:
  1. Patent Filing Strategies
  2. Country selection for Patent filing
  3. Country Selection for Patent granting Strategies
  4. Ranking Based Tier Strategies
Week 5:
  1. Budgeting and organizing patent portfolio management
  2. General cost-saving measures
  3. centralization of patent renewals and translations
  4. Monitoring-based countermeasures,
Week 6:
  1. Ensuring quality and extracting value from the patent portfolio
  2. Criteria for a valuable patent portfolio, identifying valuable patents
  3. Strategies for patent portfolio review
  4. Inventor review questionnaires, third party product searches, Patent intelligence tools
Week 7:
  1. Analyzing and confirming value of identified patents: ranking systems; claim charting,
  2. dynamically adapting prosecution to value: ranking and target-based prosecution) Pruning the IP Portfolio
  3. Monthly/yearly pruning of IP Portfolio
  4. Pruning Recommendation Tool criteria, scores, recommendations,
  5. Understanding the logic of strategy maps and balanced scorecards for IP management
Week 8:
  1. Critical Success Factors for IP Portfolio Management
  2. The Value in a Well-Managed IP Portfolio
  3. Significance of IP Audit
  4. Case Studies

Taught by

Prof. Rajat Agrawal

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