The Intersection of Intellectual Property Rights and Corporate Governance: A Strategic Approach to Innovation and Compliance

The integration of Intellectual Property Rights (IPR) and Corporate Governance is essential in modern business, particularly in knowledge-driven industries where intangible assets significantly impact firm value. This study explores the intersection of IPR and corporate governance, examining how intellectual assets influence business strategies, decision-making, transparency, and ethical considerations. Through secondary research, the study reviews literature, industry reports, and case studies to analyze best practices in IPR governance. Key challenges include balancing innovation with regulatory compliance, addressing complexities such as AI and blockchain, and managing cross-border IP governance. Findings suggest that effective IPR management enhances corporate accountability, mitigates legal risks, and strengthens competitive advantage. Recommendations include updating IP laws, fostering global harmonization, and promoting transparent IP governance.