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12 April 2021
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.(1)
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:
Therefore, parties can identify areas that have a relatively low competitive presence, both in terms of geography and technological field, which can indicate product development opportunities.
To achieve practical results, studies should be focused on a specific business area or product line. Importantly, parties must select a well-defined objective – for example:
It is important that parties build a patent portfolio to:
It is equally important that parties manage their patent portfolio to ensure that patents are filed, prosecuted and maintained in the most relevant countries and that the associated costs are monitored and controlled. Patent data reports can help parties to select the countries in which to file a patent application and decide whether a granted patent should be regularly maintained in a particular location by revealing:
Knowledge of where competitors file and maintain patents enables parties to identify future competitive moves, which facilitates their own filing and maintenance decisions.
To manage a patent portfolio using patent data, parties should:
For further information on this topic please contact Jean-Jacques Canonici at GEVERS's Brussels office by telephone (+32 2 715 3711) or email (firstname.lastname@example.org). Alternatively, contact Eugénie Bard at GEVERS & ORES's Paris office by telephone (+33 01 45 00 48 48) or email (email@example.com). The GEVERS and GEVERS & ORES website can be accessed at www.gevers.eu.
The materials contained on this website are for general information purposes only and are subject to the disclaimer.
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