Patent Evaluation Process Patents in technologies and make the first cut are then subjected to increasingly fine levels of review. The “Patent Evaluation Process” figure shows how the patent process starts with hundreds of thousands of technologies and ends up identifying actionable opportunities. The process is iterative, rather than linear. The exact steps [...]
Patent Evaluation Map For entities with patent portfolios numbering between ten and a hundred, a one-page summary of each key patent can be most helpful to patent review committees and IP managers. Such reports were championed by Harry Gwinnell. The one-page summary is an organized visual display of a patent relationships to Raw [...]
First Past Evaluation Criteria Using either the subject matter expert or automated methodology, the patents in the portfolio are then ranked based on their title, patent abstract, main claim, age, citations, in the context of the technology and markets. The patents are then assigned a rank of 1, 2 or 3, including a [...]
After target licensors have been identified, the organization should prepare proposal binders customized to the technology or intellectual property to be licensed from the target license or. The proposal binders may include the following sections: a brief description of the organization and its licensing initiative; a high-level description of technology and/or intellectual property [...]
Once the top several technology or intellectual property candidates have been identified, the organization should drill down further in steps three to five of the Evaluation Process for a New Technology figure to identify and assess all the relevant technology and intellectual property licensors by performing the following tasks: compile a list of [...]
Compared to other options, in licensing reduces the time to market, reduces research and development costs, provides an entrance into a legally protected market, and helps build relationships with potential future strategic partners and acquisition candidates. Once licensing in strategy has been formulated, an organization would undertake the following four steps in order [...]
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