Subject The article addresses a range of financial, economic, organizational, and managerial relationships in the process of development and effective functioning of the mechanism of intellectual property management of industrial enterprises. Objectives The study aims to make practical recommendations for formation and implementation of the mechanism of intellectual property management at the enterprise. Methods The study draws on hypotheses, concepts and developments that are confirmed and described in scientific works on current problems of economic theory, growth and development, and works addressing organizational and managerial issues. Results We offer an effective mechanism of intellectual property management at the enterprise. On its basis, we developed a functional systems approach to creating and introducing a set of optimal managerial decisions to involve intellectual property in the economic turnover of the enterprise. Conclusions The presented mechanism and tools for intellectual property management will help create a system of interaction between departments participating in the development, protection, accounting, commercialization, etc. of intellectual property assets and other subdivisions of the industrial enterprise.
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