NS Consulting - Intellectual property

Managing intellectual property

NSConsulting has a core belief that a business can greatly enhance its value by putting in place a professionally designed intellectual property (IP) strategy. IP protection and patent costs are on many occasions seen merely as an item of cost, rather than being seen as a profitable opportunity. Where business principals take a proactive approach to managing their IP, there are opportunities to expand the protection afforded by a single patent into a wider overarching level of cover, potentially greatly enhancing the value of the IP portfolio.

A properly structured IP strategy can yield:

A good knowledge of a majority (but not all) known competitive technologies

An understanding of the 'whitespace' and freedom to operate

A substantial mitigation of the risks of inadvertently copying someone else's IP

A wide-ranging view of what else is being cited, hence considered of general importance in the 'art' at the present time

Scope to add levels of protection and become recognised as expert in a sector

Increased probability of major multi-nationals recognising the in-house expertise

A reduced probability of major multi-nationals inadvertently copying valuable IP

Considerable enhancement of the value of the in-house IP

Increased company value at an exit or trade sale

Scope to sell-on patents no longer needed

The NS team works with fully qualified legal experts in IP protection who work with the team to ensure client business IP is managed in the most effective way to add value and protection.

Knowledge management

The NS team has first hand evidence of how the benefits managing knowledge within a business can add value at an exit or company sale.

The management of knowledge within a business has become a serious issue for both the large and small organisation. The diversity of workplace locations and frequent lack of structured and managed centralised data storage, especially in fast-growing smaller companies, can lead to a depreciation of value due to the lack of a clear and proper record of many aspects of a company's business, especially in an emergency.

While the steady progression of 'cloud-based' storage technology can help to reduce this area of risk to a business, having a strategy in place along with practical procedures can reduce the risk profile and add value to the Company.

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"NSConsulting has worked with over 200 companies"

"Strategic planning for ambitious people and forward thinking companies can yield a basis for developing practical policies for sustainable growth"

"Proactive intellectual property (IP) management and development is a key area of value creation for both the SME and the larger business"

"Technical due diligence professionally delivered can save investors and investees considerable amounts of time and money"

"Practical knowledge management systems invariably add value to most businesses"

"Independent strategic reviews regularly updated can often help companies stay abreast of significant market changes"

"Constant new product development and innovation can provide a good basis for business growth and opportunities for licensing"