For many knowledge-intensive or technology-based start-up companies, the professional management of intellectual property (IP) is critically important. In fact, IP may be the main asset by which the value of a young company is determined and on which decisions to invest in the company are based – and so IP needs to be considered very early in the planning process. The "Commercialising Intellectual Property" series of ebooks provides a detailed grounding for innovators and researchers. The eighth ebook in the series, "Commercialising Intellectual Property", looks at developing an IP strategy, which in turn decides the levels and range of IP protection required by the business / research institution. The a detailed technology evaluation leads to the development of a comprehensive technology transfer package for a licensing partner / IP sale or preparation for a campus company spin-out, as appropriate.