Investment Velocities To find out if the field is active the number of patents published per year is plotted as shown in the “Investment Velocities” figure. This is referred to as investment velocity because the work done at the Industrial Research Institute found that issued US patents correspond to approximately $1 million spent [...]
In the “Competitor A’s Patent Portfolio“ figure, the art held by this competitor is moderately strong in all four categories. The portfolio is of a moderate size. Applications and patents are filed worldwide. The number of references and cited by counts contained in these patents and applications is around the average for benchmarked [...]
When profiling an IP portfolio from a business perspective, there are six main areas to consider. These are: (1) Overall Size and Scope, (2) Validity and Value, (3) Licensing Size, Depth and Breadth, (4) Sustainability, (5) Velocity, and (6) Direction. For the first four areas a star/spider chart is made using over two [...]
When developing strategic plans it is important to know your competitor strengths and weaknesses. Likewise when developing business partners the same needs exist. The long-term viability of a business is strongly dependent upon knowing your competitor strengths and weaknesses, identifying opportunities and threats these competitors present, and uncovering unknown competitors. When developing this [...]
Taking all this information forward to the management team, the project team recommended starting a project in the high ethylene content vinyl acetate copolymer emulsion area. Their logic for doing so was:1. There is a likely opportunity to build and practice art related to the starting invention the company made.2. It would be [...]
Blue Ocean Opportunities The final step in this competitive assessment process is to get ideas for new ventures. Preferably these are associated with the company’s current core competencies. One way to do this is to look at the landscape maps. Art located in the blue oceans is “not like the other art” by [...]
In addition to looking at inventors, the project team also looked at universities and other academic institutes to see if there was new technology being developed. This is done by searching the 17,000 patents in the database for assignees with university, college, regents, alumni, institute, her Majesty and other terms associated with academic [...]
Top Inventors in Sub-Field of Interest Extraordinary Inventors in Sub-Field of Interest As a final check the project team focused on individuals who are working in the subfield of interest. There are three ways to do this the first as shown in the “Top Inventors” figure. What can be seen in this analysis [...]
Small Players in Sub-Field of Interest In order not to leave any opportunities out, the project team also reviewed those assignees with only one or two patents. These documents were selected and since there were only 50 of them they were quickly hand-screened by the project team. This was done because often single [...]
Top Participants Technology / Use Focus in Sub-Field of Interest By viewing the patent art by patent class and competitor two observations can be made. First, those competitors that have similar investment patterns are in close competition with one another, these competitors and those areas should be avoided by the project team. Second, [...]
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