๐๐จ๐ฐ ๐๐ ๐๐๐ง ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒโ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฅ๐ฎ๐ ๐ข๐ง ๐๐ฐ๐๐ง๐๐ (๐๐๐ฌ๐ญ-๐๐๐ซ๐ข๐๐)
Companies must own a number of assets to boast their worth. This principle applies not only to companies in Rwanda (East-Africa) but to all other companies all over the world. It is due to lack of adequate assets that many companies have failed to increase their net worth/Market Value. This is why, it always very important for companies to understand and opt for other possible means of increasing their assets like Intellectual Property (IP), though this is still underestimated by several companies, because of limited knowledge of how IP can increase the Market Value of Companies. Below we shade light on how different companies will increase their Market Value using IP.
A companyโs Intellectual property (IP) may include but not limited to: industrial property which applies to the exclusive right to use inventions, innovations or utility models, product or service marks, industrial designs or models, trade names, geographical indications, layout designs of integrated circuits and the right to request the elimination of acts of unfair competition; copyrights and related rights which apply to literary, artistic and scientific works, to performances of performing artists as well as phonograms and wireless broadcasting .
Registered IP is an extremely valuable asset for any business โ especially for creative businesses, like design, writing, art or handmade items. If youโve developed or obtained the rights to any intellectual property that is critical to your business or your industry, youโll find that having that IP can dramatically increase the market value of your business โ and open up even more doors to opportunities for future profits.
In addition, when thereโs a high demand for your service- or product-based IP already in the marketplace or industry, securing legal protection can be even more important.
Today, we discuss the ways that IP can be leveraged to increase your companyโs market value in Rwanda (East Africa)
๐๐ฃ ๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ป๐๐ฒ ๐ข๐ฝ๐๐ถ๐ผ๐ป๐
Normally, many prominent companies own various IP inform of, trade-names, trademarks patents and among others. This kind of IP is admired and can be useful to other competitors or other organizations/companies, that may prefer to legally use the similar IP. So, this IP can be licensed or assigned or transferred in exchange of money to other organizations/companies. This way the company owning the IP will increase its capital say through increase of shares. Hence, the increase the Market Value of the company.
๐๐ฃ ๐ฝ๐ผ๐น๐ถ๐๐ต๐ฒ๐ ๐๐ต๐ฒ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐ฟ๐ฒ๐ฝ๐๐๐ฎ๐๐ถ๐ผ๐ป (๐ฎ๐๐๐ฟ๐ฎ๐ฐ๐๐ถ๐ป๐ด ๐ถ๐ป๐๐ฒ๐๐๐ผ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐บ๐ผ๐ป๐ฒ๐๐ฎ๐ฟ๐ ๐ถ๐ป๐๐๐ถ๐๐๐๐ฒ๐)
In this era, a business without IP is not doing well like others with IP, because the first thing a business sells is the brand/tradename/trademark before even selling its services or goods. One must always appreciate and understand that one of the most powerful things that IP can do for your business is give it more appeal and a higher face value to financing institutions and investors. If you control a powerful or influential piece of intellectual property that provides value to your business, market or industry, investors are going to be interested and, in turn, will be willing to shell out more for what you have.
๐๐ฃ ๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ ๐๐ต๐ฒ ๐๐ฎ๐น๐๐ฒ ๐ผ๐ณ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐ถ๐ป ๐ฐ๐ฎ๐๐ฒ ๐ผ๐ณ ๐ฎ๐ป๐ ๐บ๐ฒ๐ฟ๐ด๐ฒ๐ฟ ๐ผ๐ฟ ๐ฎ๐ฐ๐พ๐๐ถ๐๐ถ๐๐ถ๐ผ๐ป
For example, if one owns a company that has selling and reputable IP like brands or trade names or trademarks. During any merger or acquisition, such company will be given additional value compared to a company that has no IP in place. Many businesses have witnessed this and scholars have written that in the event that you have to sell your business, go through a merger or be acquired, your intellectual property may guarantee you more money and protection. IP assets can noticeably increase the value of your business and, in these unique circumstances, may be the primary or only asset of value that you have.ย However, IP has to be well protected and registered to be adequately valued.
๐๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ ๐ญ๐จ ๐ ๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฅ๐ฎ๐ ๐จ๐ ๐ข๐ญ
We have observed above that IP is a very important asset to business. Therefore, IP must be protected by any other asset of the business. So that it is not infringed or lost. Registration of IP is the safest way to protect and increase the business IP.
We recommend that If you have IP make sure that you legally register it, manage it, maintain it and monitor it closely so that you can reap all of the benefits of having it as discussed above. Remember: – IP is valued when protected/registered. A company must start with registering its Trade/business/company name.
๐๐ฅ๐ท. ๐๐ข๐ญ๐ญ๐ข๐จ๐ช. ๐๐ณ๐ฏ๐ฐ๐ญ๐ฅ
+250787337024 (๐๐ฉ๐ข๐ต๐ด๐๐ฑ๐ฑ)