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ARTICLE · 01 FEBRUARY 2012

Issues To Keep In Mind When Auditing And Valuating An IP Portfolio In Belgium

NautaDutilh
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No one can deny that intellectual property is a valuable asset.

BelgiumIntellectual Property
Philippe Péters
Philippe Péters
Elizabeth Van Schilfgaarde
Elizabeth Van Schilfgaarde
Ruud Smits
Ruud Smits
Pierre-Yves Thoumsin
Pierre-Yves Thoumsin

(Originally published on June 14, 2011)

No one can deny that intellectual property is a valuable asset. However, businesses consistently tend to underestimate the value of their intellectual property (IP) and often have an unclear view of the content of their IP portfolio.

An IP audit is an efficient and effective way of helping businesses improve the management of, and more accurately value, their IP rights.

Below we have listed some key issues to keep in mind when auditing a company's IP portfolio. These comments apply mainly to "classic" intellectual assets. However, other valuable intangible assets (such as know-how, brands and goodwill) should not be overlooked.

Securing ownership of IP rights

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