IPR Portfolio Management for SMEs: Strategies and Best Practices

This paper presents a comprehensive analysis of Intellectual Property Rights (IPR) portfolio management for Small and Medium-sized Enterprises (SMEs). Through systematic review of literature, case studies, and industry best practices, we examine the challenges SMEs face in managing their intellectual property assets and propose effective strategies for optimization. The research highlights the critical role of IPR in fostering innovation, maintaining competitive advantage, and driving business growth for SMEs. Our findings indicate that successful IPR portfolio management requires a strategic approach combining proactive protection measures, resource optimization, and leveraging emerging technologies. The paper concludes with recommendations for SMEs to enhance their IPR management practices and adapt to evolving market conditions.