What is IP right in SAP CRM-IM-IPM - Intellectual Property Management?

SAP Term: IP right

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: A right that is restricted in terms of content and time for the exploitation of an Intellectual Property. Restriction by content takes place by defining the rights dimensions territory, market etc.

Smart SAP Assistant

• Key Concepts: 
  IP right stands for Intellectual Property Right. It is a legal concept that grants the owner exclusive rights to use, produce, and sell a product or service. In the context of SAP, IP right is used to manage and protect intellectual property assets such as patents, trademarks, copyrights, and trade secrets. 
  
  How to use it: 
  In SAP CRM-IM-IPM Intellectual Property Management, IP right is used to manage and protect intellectual property assets. It allows users to create and manage IP rights such as patents, trademarks, copyrights, and trade secrets. It also provides tools for tracking IP rights and managing their associated costs. 
  
  Tips & Tricks: 
  When creating an IP right in SAP CRM-IM-IPM Intellectual Property Management, it is important to ensure that all relevant information is included. This includes the type of IP right (patent, trademark, copyright, etc.), the owner of the IP right, the duration of the IP right, and any associated costs. 
  
  Related Information: 
  For more information on SAP CRM-IM-IPM Intellectual Property Management and how to use it to manage and protect intellectual property assets, please refer to the official SAP documentation.