ABSTRACT
Effective intellectual property (IP) protection commences with a company’s handling its own intellectual property in a systematic and cautious manner. A proper foundation, both in educating employees and maintaining best practices, is a necessary pre-requisite for safe licensing of IP to prospective licensees. The licenses in particular require significant attention to detail in drafting the relevant portions to ensure that no unintended consequences result from loopholes or lack of clarity. This chapter outlines best practices-both within and outside a company-for controlling the handling and distribution of its intellectual property.
