Managing an IP portfolio comes with several challenges that leaders must navigate:
1. Complexity of IP Laws: IP laws vary by country, making international IP protection complex and costly. 2. Infringement Risks: The risk of IP infringement is high, requiring vigilance and possibly legal action to protect assets. 3. Valuation Issues: Accurately valuing IP assets can be difficult, impacting financial planning and reporting. 4. Resource Allocation: Balancing the resources allocated to IP protection with other business needs can be challenging.