WIPO IP Diagnostic Tool-Check Your Business’s Intellectual Property Potential

(WIPO Resource)

Intellectual property (IP) is a crucial asset for businesses, yet many companies struggle to identify, manage, and protect their IP rights effectively. Whether you’re a startup, an SME, or an established corporation, understanding your IP landscape is vital for growth, competitiveness, and securing investments. To support businesses in this journey, the World Intellectual Property Organization (WIPO) offers a free, user-friendly tool known as WIPO IP Diagnostics.

What is WIPO IP Diagnostics?

WIPO IP Diagnostics is an intellectual property self-assessment tool designed to help businesses identify their IP assets and understand how to manage them effectively. This tool provides a structured evaluation of a company’s intellectual property, offering tailored recommendations on IP strategy, protection, and commercialization.

By completing the assessment, businesses receive a comprehensive report that highlights relevant IP issues and suggests best practices for enhancing IP management. This serves as a preliminary IP audit, guiding businesses toward informed decision-making regarding their patents, trademarks, copyrights, trade secrets, and designs.

How Does WIPO IP Diagnostics Work?

The tool is structured as a two-level questionnaire:

1. Pre-Assessment

The pre-assessment consists of ten general questions about your company, designed to determine which areas of intellectual property are most relevant to your business. Based on your responses, the system automatically generates a second-level assessment tailored to your business’s needs.

2. Second-Level Assessment

This section contains ten detailed sections, each focusing on a specific aspect of IP, including:

• Patents and inventions
• Trademarks and branding
• Copyrights and creative works
• Trade secrets and confidential information
• IP licensing and commercialization
• IP enforcement and dispute resolution
• International IP protection

Upon completing the questionnaire, the tool generates customized reports based on your responses. These reports are marked with a green check mark when ready for download and provide actionable insights on how to strengthen your IP strategy.

Why Should Businesses Use WIPO IP Diagnostics?

The WIPO IP Diagnostics tool offers several advantages:

1. Free and Easy to Use

Businesses can access and complete the assessment at no cost. The intuitive format makes it accessible to companies of all sizes, regardless of their IP expertise.

2. Personalized Recommendations

Unlike generic IP advice, the tool tailors recommendations based on the specific responses provided, ensuring relevance to your business needs.

3. Preliminary IP Audit

For businesses considering an IP strategy or an audit, this tool serves as an excellent starting point, identifying strengths and potential vulnerabilities in their IP management.

4. Enhances Business Competitiveness

By understanding and securing their IP assets, businesses can enhance their market position, attract investment, and increase their overall value.

5. Supports SMEs and Entrepreneurs

For startups and SMEs with limited resources, WIPO IP Diagnostics provides an accessible way to assess and strategize their intellectual property without requiring expensive consultants.

How to Access WIPO IP Diagnostics

Using WIPO IP Diagnostics is simple:

1. Visit the WIPO IP Diagnostics Pre-Assessment page.
2. Select your preferred language in the top-right corner.
3. Start answering the pre-assessment questions.
4. Complete the detailed assessment tailored to your business.
5. Download your customized IP report for strategic insights.

For institutions that support SMEs and startups, WIPO encourages sharing the tool on your website to facilitate access for businesses in need.

Visit WIPO IP Diagnostic tool here;