What is the meaning of Strategic IP Management? Strategic IP Management (SIP) is an overall view of a company, which main characteristic is the networking of several business units, from the R&D, IPĀ management, marketing, communications, sales till production. SIP helps to control and support the IP management and is the consequent realisation of the knowledge; that the company have to manage for the customersĀ profit. It wives answers to; What the customer needs are? For which projects the monopoly is necessary? Which IP rights are to worthy to file? For which countries the protection is necessary? etc.. etc..