Unit of competency Outline

Date retreived
22/07/2026 8:18 AM AWST

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Develop and implement strategies for intellectual property management

Develop and implement strategies for intellectual property management

Unit of competency
National Code
BSBIPR601
State Code
AUM11
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
15/09/2015
Field of Education
080315 - Project Management
Original Release Date
15/09/2015
Nominal Hours
60
Description
This unit describes the skills and knowledge required to obtain a strategic advantage from developing and implementing strategies for the management of intellectual property. It covers the evaluation of approaches to the management of intellectual property and focuses on establishing, implementing, evaluating and monitoring an organisation’s intellectual property strategy.It applies to directors or managers who take an active role in recognising and securing intangible assets which contribute to the organisation’s profitability, productivity and market leadership. These managers and coordinators may work in a range of contexts and may have responsibility for managing people, systems or processes.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Evaluate approaches to the management of intellectual property
  • 1.1 Analyse strategic and operational plans to determine intellectual property requirements
  • 1.2 Identify sources of information and advice regarding approaches to the best practice management of intellectual property
  • 1.3 Determine the implications and potential strategic advantage from protection of intellectual property
  • 1.4 Determine the implications and potential strategic advantage from adopting a collaborative approach to intellectual property
  • 1.5 Determine the implications and potential strategic advantage from adopting an open source approach to intellectual property
2 Establish a strategy for managing intellectual property
  • 2.1 Develop an intellectual property strategy for management and use of own and others’ intellectual property in line with the organisation’s strategic goals or plans
  • 2.2 Examine requirements and options for commercialisation or effective use of intellectual property
  • 2.3 Establish required documentation for the management of the intellectual property strategy
  • 2.4 Develop strategies for addressing intellectual property infringement
  • 2.5 Ensure intellectual property strategy complies with legislative requirements and organisational policies
  • 2.6 Communicate intellectual property strategy to key stakeholders within the organisation and externally
3 Evaluate proposed intellectual property strategy
  • 3.1 Obtain legal and other professional advice regarding the proposed intellectual property management strategy
  • 3.2 Identify and evaluate the benefits from the proposed intellectual property management strategy
  • 3.3 Identify and evaluate the disadvantages, costs and risks of the proposed intellectual property management strategy
  • 3.4 Adjust strategy according to legal advice and evaluation
  • 3.5 Establish, document and present the business case for adopting the proposed intellectual property management strategy to senior management, directors and other key stakeholders
4 Implement and monitor the intellectual property management strategy
  • 4.1 Work with others to ensure the implementation of the strategy
  • 4.2 Monitor and evaluate the strategy and its implementation and report to senior management, directors and other key stakeholders
  • 4.3 Make changes to strategy and its implementation as required
No information
No information
Replaces
State Code National Code Title Type
D2787 BSBIPR601A Develop and implement strategies for intellectual property management Unit of competency
Replaced By
State Code National Code Title Type
OCF81 BSBLEG525 Apply legal principles in intellectual property law matters Unit of competency