IP is not just a tech thing.. Hundreds of millions—if not billions—of dollars can be at stake; organizations need to up their IP game to protect that investment. IP winners take a strategic and proactive approach that embraces six broad practices, and each practice, in turn, is associated with critical subcapabilities. These practices and capabilities come together in a framework called the “IP wheel.”
In general, to ensure the smoothest and swiftest ride into the future, organizations should aspire to be well rounded in all six practices.