In an era where data is becoming one of the most valuable assets globally, the importance of personal data protection cannot be overstated. In Thailand, the Personal Data Protection Act (PDPA) was enacted to safeguard individuals’ personal data and establish a legal framework for data privacy in both the public and private sectors. The law, which
IP Commercialization and Licensing
One of the most significant aspects of IP management is the ability to monetize intellectual property. Businesses can capitalize on their IP through various strategies, including: Licensing: Licensing allows businesses to permit others to use their IP in exchange for payment (e.g., royalties). This can be a highly lucrative way to generate reve
Strategies for Managing Different Types of Intellectual Property
Each type of intellectual property requires a different approach to management. Below are some best practices for protecting and managing the various forms of IP: Managing Patents Patents protect technological innovations, processes, and designs. To manage patents effectively, businesses should: Conduct Patent Searches: Before filing a pa
Intellectual Property Management
In today’s knowledge-driven economy, intellectual property (IP) has become one of the most valuable assets for businesses and individuals alike. From patents, trademarks, and copyrights to trade secrets, IP protection plays a critical role in safeguarding innovations, maintaining competitive advantage, and fostering business growth. However, mana