How to Form a Patent Strategy
A patent strategy is a series of steps that companies take in order to secure their inventions and their position within the technological sector in which they operate. Similar to business strategies, patent strategies often require a preventive analysis of the status quo to identify risks and opportunities. The patent strategy concept is strictly correlated with the PLCM strategy.
How to Create an Effective Patent Strategy?
To answer this question, we can rely on the Patent Matrix, one of the most advanced features available in Patent Vault. In the dedicated series, we highlighted its most notable benefits and the ways it can help R&D departments and portfolio managers with forming their patent strategies:
- Patent Portfolio Comparison (Quality and Value of Patents);
- Overview of a Company’s Technology and Patent Activity;
- Overview of a Market Sector.