Intellectual property acquisitions are becoming commonplace in Asia with the move to knowledge-based economies. Agricultural and manufacturing economies may not have been prolific creators of IP, but these are often key territories for global or regional deals. In many cases, acquiring companies are Asian, looking to fast-track the design / invention / branding process and acquire IP as going concerns, complete with marketable products. In this context, this article examines the value of Intellectual Asset Management, a business process in which IP experts review a company’s IP assets and align them to the corporate strategy, realizing costs savings and creating new revenue streams, as well as increasing the overall value of the business.