When you are an owner of intellectual property rights such as patents, trademarks, domains, designs, copyrights etc., it’s not enough only to protect them.
In order to maintain their protection and to take advantage of it you need to know all the time what you have and whether there is something you need to do for its protection and use.
The way to achieve this is to build your own database where to store the whole information about your intellectual property assets.
A database for intellectual property represents an organised way of storing information for all IP assets that one company or individual owns.
The database can include different sections depending on the type of the intellectual property. What is typical for it to have, in general, is an easy access to the relevant information and the necessary flexibility for better efficiency.
So how you can build such a database?
The easiest way, although the most expensive, is to buy a specialized software in the form of an intellectual property database which will allow you to store your information. There are many products in that regard but most of them can break the bank.
If you are a startup company, entrepreneur or just a freelancer who owns some intellectual property, such an option could be impossible.
Is there another solution?
Yes there is. You can build your own database using free services such as Google sheets, for instance. However, you can adapt some of the many productivity and project management apps turning them into a database too.
One example in that regard is Asana which can be used as an intellectual property database completely for free. What’s more, because it is a cloud based solution you will have access to your information from everywhere. In addition you will be able to take advantage of some of its options such as collaborating with your team, IP attorney etc.
If you want to learn how to build such a database you can check this new upcoming course from here. There will be free coupons for early birds.