The document discusses intellectual property (IP) management and knowledge management. It notes that companies must manage their knowledge and IP to preserve and grow business value, whether their business model focuses on products, services, or both. It provides examples of common business problems companies face regarding IP strategy, knowledge transfer when employees leave, IP policy, and information management. The document advocates understanding what IP a company has, controlling its assets, and maximizing IP value. It concludes that many sectors are increasingly focusing on IP security, control, and productivity.