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Intellectual Property is no longer just a legal safeguard; it’s an asset and strategic growth engine. In today’s rapidly evolving market, effective IP budgeting directly impacts innovation, brand value, and competitive advantage.
This 1-hour live webinar will guide participants through modern IP budgeting strategies tailored for 2027, incorporating data-driven decision-making, cost optimization, and portfolio alignment with business goals.
What You’ll Learn -
- Foundations of IP Budgeting- Learn the framework for all aspects of your IP portfolio, whether it is patents, trademarks, or licensing opportunities, and determine what is essential to begin forecasting your cost per asset.
- Aligning IP with Business Strategy- Identify commercial applications, marketing, relevant jurisdictions, etc and collaborate with leadership, R&D, and finance to determine spending priorities.
- Cost Optimization- Prune underperforming assets to develop jurisdiction-specific strategies for controlling costs while leveraging outside vendors to streamline your internal processes.
- Data-driven Budgeting Tactics- Learn how you should set KPIs for IP spend against your business goals and incorporate competitive intelligence and monitoring into budgeting.
- Common Pitfalls- Stop thinking of your portfolio as a cost center and shift your mindset to seeing it as a strategic asset to avoid constantly treating your budget process as a once-a-year initiative. Additionally, learn how a strategic filing strategy will avoid budget strains and how to ensure you are properly tracking and measuring your ROI.
Michael P. Dilworth
Founder and Management Partner - Dilworth IP
Michael P. Dilworth is a trusted advisor to innovative companies seeking to align intellectual property strategy with business objectives. With more than 30 years of experience in patent, trademark, and IP portfolio management, Michael helps organizations transform innovation into competitive advantage by building practical, business-focused IP strategies that support growth, reduce risk, and maximize value. Before founding Dilworth IP in 2007, he served as Chief Intellectual Property Counsel for a publicly traded global industrial company, where he led worldwide IP initiatives and integrated intellectual property into key business decisions. Today, Michael works closely with executives, in-house counsel, and innovation leaders to help them make smarter IP investment decisions and turn intellectual property into a strategic business asset.
Connect with Michael via LinkedIn.
Nicole Scherman
Senior Business Development Manager - Dennemeyer
Nicole Scherman is a seasoned IP expert with over 25 years of experience in business development, account management, and consultancy. Since joining Dennemeyer in 2010, she has been a trusted advisor to her clients and has helped some of the largest US-based brands manage their IP portfolios as effectively as possible. She has done this by learning about her clients' unique opportunities and challenges and creating custom solutions to meet their needs.
Connect with Nicole via LinkedIn.