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Intellectual property refers to any asset, from an invention to an idea, a book, a novel, and business strategy that you have created. If you want to make sure that nobody uses your intellectual property without your authorization, you may want to consider patent management.

Patent management involves three major processes. These are application, acquisition and maintenance of patents. The management of patents is handled by a professional, usually a lawyer as it involves highly technical procedures. Knowledge of the patent law, as well as the regulations involved in the intellectual property law is necessary when it comes to managing patents.

By having a legitimate professional manage your intellectual property and patents, you enjoy the following benefits:

Updated patent rights
Just as you renew your business permits and all other registrations/memberships, you also need to regularly update your patent status. Once a patent has been issues, you will be required to make periodic payments or the so-called maintenance fees to the US Patent Office. Failure to do so could result to undesirable consequences, such as the loss of your patent rights.

Patent Verification
Sometimes, you will find erroneous information or errors on your patent ownership. Having someone to manage your patent can ensure that such errors are avoided, and that all information is correct.

Consultations
Most providers of patent management services provide exclusive consultations to their clients. It is very beneficial to have a knowledgeable patent manager who can provide prompt and expert advice, recommendations and resolutions to your patent concerns.





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