IP Management
As a company driven by innovation, IP is central to Isofoton’s business and R&D strategies. The company’s IP management strategy depends on what is going to be protected and why. On one hand, for specific products already in the development phase, and above all, in the application phase, securing IP rights (IPRs) becomes crucial. On the other hand, IPRs are not necessarily used to protect the development of new technological processes within the company. Isofoton believes that it is sometimes better to focus on protecting know-how than spending resources protecting processes. Technological know-how, after all, is one of Isofoton’s most important assets, and protecting its trade secrets costs considerably less than securing IPRs, which gives the company more resources with which to develop new technologies and processes.