You should always conduct a review of your intellectual property assets from time to time. This should be part of your business management strategy. You may have avoided it in the past because you think it is a complicated area of law or you were unsure of what you needed to protect or comply with.
Intellectual Property Explorer is a new, free online tool for small businesses to keep track of their intellectual property assets and conduct an audit of all their intellectual property assets. It helps with identifying, analysing, and reviewing the various intellectual property assets that your business may own.
This tool is a public initiative developed by the Asia Pacific Economic Co-operation (APEC) and the intellectual property offices of Australia, Singapore, and Hong Kong.