Munich Personal RePEc Archive

The Marriages of Intellectual Property & Insurance

Jayant Kumar, Jayant Kumar and Neeraj Parnami, Neeraj Parnami (2008): The Marriages of Intellectual Property & Insurance.

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Abstract

The marriages of Intellectual Property and Insurance may sound a magical word for all those companies which are playing the game of intellectual property in their business. These companies manage their intellectual property under the guidance of IP management and an IP policy in the company. These companies earn a huge amount of money in this game; but there are also chances for the companies to face the risks ahead. These expected risks can be minimized to some extent, if the companies understand the meaning and the importance of this new term “Intellectual Property Insurance”. In order to make the companies appreciate the depth significance of the term, the paper is written and the paper emphasizes the need of IP insurance in the business, the role of IP insurance in mitigating the risks involved in the business and the framework of IP insurance policy etc.

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