IP Management – Key Skills in a Knowledge Economy

Abstract

Intellectual property (IP) is an important element in the knowledge economy. Through focused appropriation strategies, companies can use intellectual property to generate profits from the investments they make in new knowledge. To do so, it is necessary for various subsystems of the knowledge economy to be combined at an interdisciplinary level. To support the success of the company, IP management can help to optimize appropriation mechanisms. A consideration of the economic properties of intangible assets and an interdisciplinary background of those involved are required for this. With the management of IP, new competences and skills are entering the knowledge economy. By understanding the generation of wealth in the knowledge economy and the IP exploitation mechanisms, the need for new training approaches becomes clear.