The document discusses intellectual property (IP) strategy for nanotechnology companies. It suggests that business strategy should drive IP strategy. It categorizes different types of nanotechnology companies, including technology enablers, application providers, technology adopters, and intellectual capital builders. It provides tips for developing an effective IP strategy, such as engaging experienced advisors, maintaining an IP plan and employee incentive system, educating employees on IP basics, assessing the value of IP, determining the right protection, and leveraging IP for funding, licensing and cross-licensing deals.