“The topic of IP and intangible assets is becoming more prominent to businesses around the globe and it will be interesting to see if IP becomes the subject of more risk management planning,” says Matthew Hogg
, lead author of 2011 Intellectual Property Survey Report
, just released by Liberty International Underwriters and Marsh, which documents how companies view IP. For example, survey respondents indicate small and medium enterprises (SMEs) value patents more highly than larger companies, and 32% of respondents have had at least one licensing dispute action against them.
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