Identify the IP Value in Your SaMD Technology

The first step in working towards a comprehensive IP strategy is identifying where the value in your business lies.

When we talk about the value in your business this is not just where the value is today, but also thinking about where the value will lie in the future. 

Working out where this value lies is closely linked to your business plan. A good starting point is looking at how you are going to generate revenue now and brainstorming how this might change in the future. For example, you might generate revenue through licensing your software or through app sales. Wherever your revenue comes from, this is the first step towards working out the strategy to ensure the protection of the intellectual property that is essential to this revenue stream.