In the 21st Century many of the world’s prominent businesses are increasingly reliant on their intellectual property as economic drivers. Economic growth of many nations is increasingly reliant on intellectual property. A typical modern company’s value is 80% intangible property and 20% “brick and mortar” assets. Paradoxically, in a world where companies’ assets often exceed 80% intangible , financial markets have not kept pace, leading to immature intellectual property finance markets in comparison to brick and mortar finance markets.
When businesses with significant intellectual property are unable to raise capital by utilising intellectual property, they are less capable of investing in further innovation and intellectual property, which has a chilling effect on their research and development pipelines. Wood & Lee is the only international law firm to perform no-cost intellectual property audits, to allow your company to understand and unlock the value of your company’s intellectual property.