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

SAP Term: participant

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: The receiver of a royalty.

Smart SAP Assistant

• Key Concepts: 
  A participant in SAP CRM-IM-IPM Intellectual Property Management is an individual or organization that has a role in the management of intellectual property. This could include inventors, patent attorneys, patent offices, and other stakeholders. Participants can be assigned different roles and responsibilities within the system, such as creating and managing intellectual property records, submitting applications, and tracking the progress of applications. 
  
  How to use it: 
  Participants can be added to the system by an administrator. Once added, they can be assigned roles and responsibilities within the system. For example, an inventor can be assigned the role of creating and managing intellectual property records, while a patent attorney can be assigned the role of submitting applications and tracking their progress. 
  
  Tips & Tricks: 
  It is important to ensure that all participants are given appropriate roles and responsibilities within the system. This will help ensure that all stakeholders are kept informed of any changes or updates to intellectual property records. Additionally, it is important to keep track of who has access to what information within the system. 
  
  Related Information: 
  For more information on SAP CRM-IM-IPM Intellectual Property Management, please visit https://www.sap.com/products/crm-im-ipm.html