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- W2051227758 abstract "IMAGINE A SCENARIO with an executive responsible for managing the intellectual property assets of EveryNewBio, Inc., at the moment reviewing a letter received from the company’s outside patent counsel. The letter contains an inquiry as to whether the company wishes to seek patent protection in Brazil for an invention filed in the United States more than 2 years ago that our executive does not quite recognize. Suddenly, the CEO walks in: “I’ve just signed a term sheet with 2MuchMoolah Corp.! They want to buy us! It was close, they were looking at both HatedBioCompetitor, Inc. and at us, but I cinched it by telling him about all our great IP! Isn’t this terrific? We have to close in a week or 2Much goes to Hated, Inc.! Oh, by the way, we got this due diligence request from 2Much’s lawyers. They need it in 3 days. Well, gotta go tell the Board the good news!” As the CEO walks away whistling, our executive’s heart slowly sinks as the diligence request is perused. There is no way to get this together in 3 days, is there? This scenario is far from pure fiction. Things move quickly when a deal is hot. Your company needs to be ready to respond rapidly when faced with these opportunities. The question to ask now, before the deal ever presents itself, is “Will I be ready?” Well, will you? If your answer is not an unqualified yes, read on. Or, better yet, read on anyway; there may be something you have overlooked." @default.
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- W2051227758 date "2003-01-01" @default.
- W2051227758 modified "2023-10-14" @default.
- W2051227758 title "Invited Commentary: The Intellectual Property (IP) Audit: An Effective IP Asset Management Tool" @default.
- W2051227758 doi "https://doi.org/10.1177/0883911503008001011" @default.
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