Law business research

Role of Patent Data in Innovation Lifecycle: Development Stage

Patent data can be useful throughout a technology’s innovation lifecycle. This article focuses on how parties can use patent data at the development stage. Product development Patent data can yield a comprehensive overview of a party’s competitors, which enables it to position its activity and development plans strategically. Specifically, parties can use patent data reports to: list t... »

Northworks-IP

How SME’S Can Strategically Manage IP During Economic Events

In uncertain times – either for a business or an economy as a whole, finance and cash flow management is a critical aspect to ensure sustainability of the business both in the short and long term. For SME’s holding or needing to support their IP (patents, trademarks, etc), it is even more critical as working capital is required for ongoing IP related costs as well as continued investment to ensure... »

Mondaq

The Importance of a Patent Strategy for Business of all Sizes

Patents play an important role in establishing and solidifying a competitive market position for many businesses. Patent strategies can vary by industry and will depend on the size and stage of a business. However, having a robust patent strategy can help businesses of all sizes secure their market position and avoid potentially damaging setbacks. Resource scarcity is an issue we encounter frequen... »

Law Business Research

Pharma Companies Must Factor Tough Standing Requirements Into IPR Strategies

“Companies, particularly in the generic pharma space, face a strategic decision over when to file at the PTAB,” comments Rachel Elsby of Akin Gump. “If you decide to clear the deck early, you have to bear the risk that you will not be able to appeal an adverse decision. If you wait, there are downsides to that too, because you may already be into district court litigation, which has significant co... »

PATENTLYO

Make Sure Your Patent Application is “DIRECTED TO” a Specific Technological Solution

To know whether a patent claim is improperly “directed to” an abstract idea, the court have been looking to the claims and specification in a search for objective suggestions of what the inventor thinks is the advance provided by the invention. What does the patent document assert as the “focus of the claimed advance over the prior art.” In this process, the court is typically looking for a “techn... »

Dennemeyer Group

Speeding up Patent Approval Process With AI

The road to patent protection begins when an individual inventor or organization comes up with a novel idea for a new device, machine, process or method: The TRIPS Agreement sets out the minimum standards to be provided by member states regarding each of the main areas of Intellectual Property. When it comes to patentable subject matter, Article 27 of TRIPS states that “patents shall be avai... »

Patent-Image

Global Patent Portfolio Management

The advent of the internet has brought the world closer to one another than it used to be. Computer technologies, one of the most emerging creations, have made it possible for the internet to expand worldwide. Furthermore, certain types of technological products are distributed and utilized throughout the world. Intellectual property rights associated with it need to be protected from unauthorized... »

Law Business Research

Why Benchmarking is Essential to Patent Strategy and How Best to Use Analytics

A remarkable 98% of patent owners rely on benchmarking to support their patent strategy, according to a recent survey by Cipher conducted in association with IAM. However, over half of respondents are unhappy about the time and expense involved, with a similar proportion lamenting a lack of objective and reliable data. This is more than a coincidence; it is causation. If the task is hard enou... »

Ivey

Business Models and Patent Strategies in Multi-Invention Contexts

In many industries, companies are faced with a “multi-invention problem”: the development of new, commercially viable products requires the combination of ever- larger numbers of inventions. At the same time, ownership over these inventions – through patents and other forms of intellectual property (IP) – is becoming increasingly fragmented. Smart phones and their use implicate thousands of patent... »

Triangle-IP

Strategies to Develop an International Patent Portfolio

The Patent Cooperation Treaty (PCT) allows preserving international rights for most jurisdictions to delay choosing specific ones for thirty months from your earliest priority date. This strategy gives you the longest possible time to evaluate the commercial prospects of your innovation before committing large funds to the foreign patent application process. Now, it makes sense to file for foreign... »