How to maximize intellectual property revenue*
Under pressure to generate increasing returns for shareholders, many companies have begun to focus on intellectual property (IP) and intangible assets. With strategic alliances, licensing agreements, competition and globalization impacting business like never before, companies must take a proactive approach to managing licensing and other contractual arrangements in order to extract the highest value from their IP assets.
If this is your situation
- You want to determine whether you are maximizing IP revenue.
- You suspect that you are not receiving all payments due to you under existing licensing agreements.
- You need guidance on whether to buy or sell an IP asset.
- You want help instituting an effective licensing management program to enhance the value from your IP assets.
How PricewaterhouseCoopers can help you
The experienced practitioners in PricewaterhouseCoopers’ (PwC) licensing management & contract compliance service guide companies in all matters related to licensing management, contract compliance and revenue recovery. We analyze compliance with licenses and other business agreements to help companies realize incremental revenue and mitigate risk. Utilizing our extensive experience, we can help companies understand accounting interpretations of license language, develop settlement strategies to recover underreported revenue, execute due diligence of royalties and advise on buy/sell decisions related to IP assets.
Services we provide include the following:
- Developing licensing management programs
- Designing systemic license compliance programs
- Selecting licensee targets for royalty examination work
- Conducting fieldwork, including reviewing license agreement compliance issues and potential underreporting of royalties
- Preparing letters of findings that can be utilized to negotiate economic settlement proposals
