Due diligence involves assessing the ownership status and control of the intellectual property assets their economic value and the risk of liability associated with them. Law360 july 29 2010 126 pm edt intellectual property due diligence is the process of gathering information and assessing the value of and risks associated with ip assets a comprehensive . For a prospective vendor good ip housekeeping practices and a structured approach to ip due diligence will assist not only in maximising the value of your intellectual property assets but also in ensuring transactions run as smoothly as possible. Due diligence involving intellectual property assets is now the norm on almost every business transaction from mergers and joint ventures to private and public offerings companies are dedicating more resources than ever in their research and development efforts and consequently place an ever
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