Putting a value on IP: how to conduct a rights audit

Prior to any merger or acquisition, or substantial investment in a
new or existing venture, an audit of the target company's assets should be performed.
Judging the value and integrity of a company's intellectual property can be
especially challenging for a host of reasons, many of which relate to its intangible
nature. Arthur Shay and William H Edwards of Shay & Partners in Taipei look
at what makes a successful IP rights audit, and the necessary steps involved
in the process.