Management strategies to reduce conception / creation risks of intellectual property

• Author: Pakocs R., Lupulescu N. B.
• Pages: 133-138

Bulletin of the Transilvania University of Braov

Series V: Economic Sciences • Vol. 8 (57) No. 1 - 2015

Management strategies to reduce conception/creation

risks of intellectual property

Ramona PAKOCS1, Noura Barbu LUPULESCU2

Abstract: This paper is focused on finding the best management strategies to reduce

conception/creation risks of intellectual property. For this we performed a SWOT analysis of

conception /creation risks of intellectual property, which was analysed in a Brainstorming

session, where several management strategies for risk reduction were found. Then a multi-

criterion analysis was conducted which resulted in finding the best management strategy to

reduce conception/creation risks of intellectual property.

Key-words: risk analysis, strategy, performance, intellectual property.

1. Introduction

According to ISO 31000 (ISO / FDIS 31000: 2009, 6) among the main goals of risks

treatment of an efficient risk management that any organization wants to implement,

are as follows:

¾ Identification of opportunities and threats within the organization;

¾ Application of specific legislation in accordance with the requirements, both

nationally and internationally;

¾ Using all resources for treating risks and minimizing losses.

2. Objectives

In our context, in order to reduce the risk of conception/creation of intellectual

property, the main objectives of risk management must be adapted. For this, we will

perform a SWOT analysis of conception / creation risks of intellectual property,

after which we will identify opportunities and threats.

In previous studies (Secar, Fântân 2010, 311) related to intellectual property, the

most important risks of conception/creation were identified, namely:

¾ Risk of failure to protect inventions in design/research/development;

1 Transilvania University of Braov, ramona.pakocs@unitbv.ro

2 Transilvania University of Braov, nouras@unitbv.ro