Experts say that ideas and intellectual property have become the chief source of wealth in the Knowledge Economy, comprising 80% of the value of public companies today. But this begs the question: how can your company actually use its IP to bolster its financial and strategic position?

Here are five ways you and your CFO can turn your patents into gold. Some may be useful only to startups or smaller firms; others only to larger enterprises. But no matter your size, you’ll find valuable nuggets below.