Friday, 9 July 2021

How To Conduct Patent Watch Analysis?

The process to implement the patent watching service at regular intervals is the key to ensure the safety of your patents. It can be monitored from official journals, online sites, etc. Moreover, there are various reasons for firms to use patent watching/monitoring searches, such as to analyze competitors in the market, to prevent any patent infringement, etc. Also, the main aim is to gain information about market strategy, competitor's potential resources and determine the strength of services/products. Most importantly, increase in legal protection of patent reduce the chances of infringement.

Regular monitoring ensures the monopoly on inventions. It detects potential infringement related to the manufacture, sale, or import faculties in each region. Moreover, it gives insights into the domains in which competitors are focusing on research. Hence, firms that rely on innovation can respond accordingly.

Reasons To Implement Patent Watching/Monitoring Services

 

  • It determines novelty or performs prior art searching: The main aim of a patent watch is to understand the novelty to lower the expenditure for performing extra R&D. Clients also clout the report references to create a better quality of draft while presenting prior art in front of the analyst at the time of prosecution at the Patent Trial and Appeal Board (PTAB).
  • To assess product clearance, right-to-use, or perform a freedom-to-operate search: It is crucial to search for potential infringement by performing a product clearance search. It helps in discovering the leading competitors for a specific domain. This helps in avoiding any potential infringement.
  • Perform Validity or Invalidity search: We can conduct a complete validity search against any patent claims through our large domain experience and database coverage. We work with some of the prominent IP litigation firms in the United States, and our work has demonstrated benefits in hundreds of cases. It will allow you to monitor potential infringement risks.
  • To perform a state of the art search: This can even provide you with an overview by examining published patents, applications, and non-patent literature, and which will help to understand future trends.
  • It discovers competitive or technical intelligence: This can help identify new competitive insights to help you manage business plans. It allows you to identify and monitor other people's patent applications which the opposition may challenge in the future.
  • To perform subject matter-specific watching service: Watch can even be explicitly performed on a technical subject. In this, the search is only carried for any new patents or patent applications in a specific domain.
  • To perform search specific to proprietor/applicant name: There is also a provision to perform a patent search by a particular name. It is a better option if you want complete information about the leading competitor about his all sorts of technical improvements.
  • It monitors every phase of the patent process: It is essential to watch every step of the patent application process since patent applications regularly undergo amendment throughout an examination. Therefore, a third-party patent application that emerges to be an infringement risk at the starting of the procedure may or may not remain such at the later stages. For this, monitoring is a must to know regarding the risks associated with all the stages of a patent process.

Ingenious e-Brain has more than nine years of experience in the IP field. Our team covers possibly every technical domain with eminent clients globally. We go through every database to deliver precise results. Also, the clients can check the status of the work at any stage of the process. Moreover, 100 % customer satisfaction is our top priority. To know more, visit us for Best Patent Watch/Monitoring Analysis Services.

 

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