tag:blogger.com,1999:blog-7923005810906159036.post1251746316817121039..comments2024-03-27T12:49:05.975+00:00Comments on IP finance: Should You Hire An Auditor To Ensure You Are Obtaining All of Your
Royalties? Invotex Thinks You Should Hire It and Here is Why.Anne Fairpohttp://www.blogger.com/profile/02579190868405783459noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7923005810906159036.post-37624321012220733902013-10-15T13:38:50.954+01:002013-10-15T13:38:50.954+01:00I think even in successful organised companies man...I think even in successful organised companies many a licence gets forgotten by licensors and licensees. Someone I knew recently recruited to a well known company identified lots of licences they never knew they had, and no longer needed. It's hard enough sometimes to get a company to keep a list of it patent cases. Often they don't have a centralised list. I would imagine licence obligations are even more chaotically documented in many organisations.Sulemanhttp://www.hollyip.comnoreply@blogger.comtag:blogger.com,1999:blog-7923005810906159036.post-74617693266606215312013-10-13T16:29:45.790+01:002013-10-13T16:29:45.790+01:00Mr. Jackson,
Thank you, those are both excellent...Mr. Jackson, <br /><br />Thank you, those are both excellent points. There is certainly some selection bias. My guess is that Invotex's main point is that if you need an auditor, they are the best firm for the job. I do think they are also trying to make the secondary point that there probably is underreporting in many licenses because of the nature of the causes of underreporting that they have found. Best, MikeMike Mireleshttps://www.blogger.com/profile/04817215292023939373noreply@blogger.comtag:blogger.com,1999:blog-7923005810906159036.post-16664376913796324162013-10-13T14:10:38.550+01:002013-10-13T14:10:38.550+01:00But is this reporting on a representative sample o...But is this reporting on a representative sample of licences?<br /><br />Presumably Invotex is not saying that there is underreporting in 89% of <i>all</i> licences. Just in 89% of the cases where they have been called in.<br /><br />However, a licensor would only call them in if it <i>already</i> had reasonable grounds to suspect that there was underreporting.Tim Jacksonnoreply@blogger.com