An IP policy can touch upon or formalize many different aspects of intellectual property strategy or business concepts. For example, one issue of interest and concern for many is the issue of employee or contractor ownership of IP rights developed during the course of employment or corporate engagement.
Beyond IP ownership, companies might have issues on other similar IP topics which need to be formalized in an IP policy to maximize corporate opportunity or reduce or minimize risk profile. For example:
1.Policies around customer ownership of IP ownership in customizations or modifications;
2.Documentation to support work for hire treatment of copyright assets;
3.Standard approaches to be taken to requests to enter into IP ownership, confidentiality or joint venture agreements;
4.Practices related to IP filing and protection of IP which is the result of joint venture or collaborative research or corporate efforts.
IP policy development is often preceded by the preparation of an IP audit. Based upon the types of IP asset classes which are identified as existing in the enterprise during the audit, the IP policy work can be shaped to maximize return and address the primary areas of commercialization or IP concern for the rightsholder.