Abstract: A portfolio creation and management tool creates and manages a portfolio of intellectual property assets of a global entity having sub-entities located in various localities around the world. The sub-entities have a legal relationship to the entity, by contract or by law of a an internationally recognized jurisdiction. A network connection connects a sub-entity of the global entity residing in more than one jurisdiction. A portfolio application residing on a central server downloads from the network, stores and maintains data representative of the intellectual property assets of the global entity, including data internal to at least one sub-entity. The portfolio application provides segments that combine one or more intellectual property assets into a category that has a market relevance to the global entity and provides objects that represent assets of an external entity.