FRM Financial Risk Manager Practice Test

“Freedom to operate” comes from your patent attorney and means you can move towards commercialization of a product or service without infringing on the intellectual property rights of others. It is irresponsible to move forward on the commercialization of a product without freedom-to-operate approval from a patent attorney. Any go-to-market plan should include the (not insubstantial) cost of getting this authorization.

Key Takeaway: When you are assessing a company’s value and future prospects, consider how they are managing their intellectual property. A product that has high potential, but does not yet have clearance to be produced has a major element of risk in it.