Intellectual property (IP) is crucial in academic research groups, extending beyond mere patents and encompassing a range of intangible assets. Robust IP management fosters innovation, drives collaborations, and facilitates the translation of research into real-world impact. For academic groups, IP protection can be the key to securing funding, attracting industry partnerships, and establishing spin-off companies. Laura Artigas, partner at ZMB Patents and Trademarks, focused her speech on describing the different types of Intellectual Properties, the importance of protecting IP, and the the risk of disclosure without protection. She also highlighted the importance of IP in the technology Transfer process. By strategically managing IP, research groups can ensure they retain ownership and control over their discoveries, allowing them to license technologies to generate revenue for further research or even create spin-offs, attracting investors and raising capital, and ultimately maximizing the societal benefit of their work. Furthermore, a clear IP strategy encourages transparency and collaboration within the group, defining ownership and usage rights for all involved. A proactive approach to IP empowers academic research groups to advance scientific knowledge and translate those advancements into tangible products and services that benefit the public.