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IP Audits/Mining and
Business Value
Dr. Kalyan C. Kankanala
January19, 2016
Copyright 2016 BananaIP Counsels www.bananaip.comwww.sinapseblog.com
Just One Layer
Protection and Risk
Mitigation
IP can add value,
provided an
organization wants
it to add value
BUSINES
S
IP
OTHERS
Copyright 2016 BananaIP Counsels
Audits so far - 120
• Start-Ups – 5 / 5 realized value
• SMEs – 62 / 30% realized value
• Large Companies – 43 / 80% realized value
• Educational/Research Institutes – 10 / 10% realized
value
Value realization variable
Experience of IP Audits
Copyright 2016 BananaIP Counsels
♦ Find Uncovered Ideas - Create Intellectual Assets
♦ Increase IP Numbers - Filings/Grants
♦ Build Financial Value
♦ Open New Opportunities -Licensing,
Merchandizing ...
♦ Verify Legal Compliance
♦ Establish/Improve IP Policy/Process …
Purpose of IP Audits
Copyright 2016 BananaIP Counsels
♦ Create Characters/Art, Popularize, License, Merchandize ...
♦ No focus on Intellectual Asset Creation - Two Years
♦ First Round of Funding
♦ Extensive Infringement / Misappropriation
♦ IP Audit
♦ Uncovered IP - 4000 Creations/Ideas
♦ No Legal Instruments in place
♦ Identified Large Scale Infringement by third parties
♦ Found Infringing Acts by start-up
♦ Current Status - protecting and cleaning up
IP Audit at a Start-up
Copyright 2016 BananaIP Counsels
Patents
Designs
Trademarks
Copyrights
8 15
40
10
35 40
85
65
Project for United Nations Industrial Development
Organization (UNIDO)
Protected Protectable
IP Audits for SMEs
Copyright 2016 BananaIP Counsels
♦ Savvy IP filer, and well known for its products in
heating, ventilation, and air conditioning
♦ Uses IP very efficiently, and effectively in business
♦ Indian arm - Inventive work, but IP productivity was
low
♦ Performed an IP Audit
♦ Uncovered - 208 potential inventions
♦ Filed – 56
♦ Amended the policy to smoothen out rough edges
♦ Invention disclosures increased by 200%
IP Audit for a MNC
Copyright 2016 BananaIP Counsels
IP
Inventory
Mining
Best
Practices
IP Audit as a Tool
Copyright 2016 BananaIP Counsels
♦ Creativity Spectrum
♦ Business Value
♦ Proportionality Test High Creativity
–
Low Business
Value
20%
High Creativity
–
High Business
Value
15%
Low Creativity
–
Low Business
Value
25%
Low Creativity
–
High Business
Value
40%
Idea Business Value
(IBV) Quadrant
Creativity
Business
Value
Creativity to Business
Copyright 2016 BananaIP Counsels
Dr. Kalyan Kankanala’s Books
www.kalyankankanala.com
Copyright 2016 BananaIP Counsels
How to reach Dr. Kalyan Kankanala:
♦ Email: kalyan@bananaip.com
♦ Phone: +91 80 2686 0414 / 24 / 34
♦ Web: www.bananaip.com
♦ IP News Tracker: www.sinapseblog.com
♦ Download Sinapseblog app:
https://play.google.com/store/apps/details?id=sinapse.wordpress.
blog&hl=en
Copyright 2016 BananaIP Counsels
Thank you

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IP Audits/Mining and Business Value- A presentation by Dr. Kalyan C. Kankanala at CII

  • 1. IP Audits/Mining and Business Value Dr. Kalyan C. Kankanala January19, 2016 Copyright 2016 BananaIP Counsels www.bananaip.comwww.sinapseblog.com
  • 2. Just One Layer Protection and Risk Mitigation IP can add value, provided an organization wants it to add value BUSINES S IP OTHERS Copyright 2016 BananaIP Counsels
  • 3. Audits so far - 120 • Start-Ups – 5 / 5 realized value • SMEs – 62 / 30% realized value • Large Companies – 43 / 80% realized value • Educational/Research Institutes – 10 / 10% realized value Value realization variable Experience of IP Audits Copyright 2016 BananaIP Counsels
  • 4. ♦ Find Uncovered Ideas - Create Intellectual Assets ♦ Increase IP Numbers - Filings/Grants ♦ Build Financial Value ♦ Open New Opportunities -Licensing, Merchandizing ... ♦ Verify Legal Compliance ♦ Establish/Improve IP Policy/Process … Purpose of IP Audits Copyright 2016 BananaIP Counsels
  • 5. ♦ Create Characters/Art, Popularize, License, Merchandize ... ♦ No focus on Intellectual Asset Creation - Two Years ♦ First Round of Funding ♦ Extensive Infringement / Misappropriation ♦ IP Audit ♦ Uncovered IP - 4000 Creations/Ideas ♦ No Legal Instruments in place ♦ Identified Large Scale Infringement by third parties ♦ Found Infringing Acts by start-up ♦ Current Status - protecting and cleaning up IP Audit at a Start-up Copyright 2016 BananaIP Counsels
  • 6. Patents Designs Trademarks Copyrights 8 15 40 10 35 40 85 65 Project for United Nations Industrial Development Organization (UNIDO) Protected Protectable IP Audits for SMEs Copyright 2016 BananaIP Counsels
  • 7. ♦ Savvy IP filer, and well known for its products in heating, ventilation, and air conditioning ♦ Uses IP very efficiently, and effectively in business ♦ Indian arm - Inventive work, but IP productivity was low ♦ Performed an IP Audit ♦ Uncovered - 208 potential inventions ♦ Filed – 56 ♦ Amended the policy to smoothen out rough edges ♦ Invention disclosures increased by 200% IP Audit for a MNC Copyright 2016 BananaIP Counsels
  • 8. IP Inventory Mining Best Practices IP Audit as a Tool Copyright 2016 BananaIP Counsels
  • 9. ♦ Creativity Spectrum ♦ Business Value ♦ Proportionality Test High Creativity – Low Business Value 20% High Creativity – High Business Value 15% Low Creativity – Low Business Value 25% Low Creativity – High Business Value 40% Idea Business Value (IBV) Quadrant Creativity Business Value Creativity to Business Copyright 2016 BananaIP Counsels
  • 10. Dr. Kalyan Kankanala’s Books www.kalyankankanala.com Copyright 2016 BananaIP Counsels
  • 11. How to reach Dr. Kalyan Kankanala: ♦ Email: kalyan@bananaip.com ♦ Phone: +91 80 2686 0414 / 24 / 34 ♦ Web: www.bananaip.com ♦ IP News Tracker: www.sinapseblog.com ♦ Download Sinapseblog app: https://play.google.com/store/apps/details?id=sinapse.wordpress. blog&hl=en Copyright 2016 BananaIP Counsels Thank you