IP migration can have a profound impact on a company's overall business strategy. It can:
1. Enhance Competitive Advantage: By optimizing tax liabilities and improving legal protections, companies can allocate more resources to innovation and growth. 2. Facilitate Global Expansion: Ensuring IP compliance and protection in new markets can smooth the path for global expansion and market penetration. 3. Improve Risk Management: Centralizing IP management can help in better monitoring and mitigating risks associated with IP theft and infringement.