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What an IP coordinator should know

As part of our ongoing series examining the ecosystem necessary to bring technology to market, David French, a senior Canadian patent attorney with 35 years of experience, now provides the third of his commentaries on the importance to a company of protecting its Intellectual Property.

By David French

In a previous blog posting, we talked about the importance of having an IP coordinator on the team and how this role fits into an organization. We identified the role of the IP coordinator as including:

  • knowing or able to understand all of the issues and requirements in order to ensure that there is good IP hygiene within the firm
  • acting as the guardian of the intellectual property within the firm
  • understanding what should be done and seeing that things are done on a timely basis
  • communicating with outside legal professionals
  • being present when your patent lawyer, trademark lawyer, litigation attorney etc. speaks at a meeting, and explaining what was said once the professional has left
  • maintaining cost control over your IP expenses

This person was summarized as being your contact with the IP universe, your scout, your guide, your Man Friday in matters IP.

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Who is the custodian and guardian of Intellectual Property in your firm?

As part of our ongoing series examining the ecosystem necessary to bring technology to market, we asked David French, a senior Canadian patent attorney with 35 years of experience, to discuss the importance to a company of protecting its IP and how creating the position of “IP Coordinator” can facilitate the process. This is the second of David’s commentaries and we welcome your comments.

By David French

In my previous post, I addressed the importance of a company’s intellectual property and how it can contribute to the bottom line, negatively or positively. In this post, I address the issue of how intellectual property is being managed within your organization.

Who in your organization knows or is able to understand all of the issues and requirements in order to ensure that you have good IP hygiene? Frankly, many companies just assume their lawyer is going to look after these issues. Well, your lawyer may provide advice in the boardroom, or possibly even in a reporting letter, as to many of the things you should do in order to keep your intellectual property regime in order. But who will remember all of this?

This is where the concept of an Intellectual Property Coordinator becomes important.

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Why intellectual property is profitable

As part of our ongoing series examining the ecosystem necessary to bring technology to market, we asked David French, a senior Canadian patent attorney with 35 years of experience, to discuss the importance to a company of protecting its IP and how creating the position of “IP Coordinator” can facilitate the process. This is the first of David’s commentaries and we welcome your comments.

By David French

The theme of this website is getting technology, to market. This is an honorable objective. Indeed, I would like to present why intellectual property is a key part of the business case for getting technology to market. And doing it right.

Intellectual property such as patents, copyright, trademarks, designs and corporate secrets, all have an important place in the modern business enterprise. Entrepreneurs who are founding a business based on a new product invariably see the patent right as key. Angels and venture capitalists look for the comfort of patent protection when considering whether to make an investment. But even in the absence of a new patentable concept, every business has to address choosing a trademark under which it will be known. So you have to get at least a little bit wet in the IP birdbath.

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