Patents: A Device for Technological Intelligence

Patents are the most important supply of technological info. Patent are given to the inventor as a reward for its innovation within the type of the unique proper of the monopoly for a interval of 20 years from the precedence date of the invention. As a result of development within the IT sector and web, now these worthwhile paperwork are within the attain of most of the people. Any individual expert within the artwork can undergo numerous patent databases and after a search can get the patent doc of their want. There are totally different patent databases viz, USPTO, EPO, JPO, and so forth freely open for the general public entry. If we undergo the patents associated to a selected technological space, we will discover the plenty of details about the life cycle of the technological innovation viz.,

o evolutionary path of a selected know-how,

o technological improvement,

o technological diversification,

o know-how merges,

o main gamers in particular technological space,

o key factors of the precise know-how,

“The World Mental Property Organisation (WIPO) revealed that ninety% to ninety five% of all of the world’s innovations might be present in patented paperwork.”

Patent evaluation can reveals very useful informations, which isn’t obtainable anyplace. After patent search the essential half is the patent evaluation, and one need to be very concise about their goal of the research. The knowledge within the patent paperwork could be utilized in several type in accordance with the necessity and mapped accordingly to get the image of your complete evaluation in snapshots.

Patent knowledge can be utilized for the preparation of technological landscapes. Logistic arithmetic and circle arithmetic could be very helpful within the plotting of the technological panorama. It will probably reveal the evolutionary development of a know-how, how it’s advanced from a primary know-how, together with the interval of the technological diversification and its nature. These maps may even give the detailed overview of the merging of the totally different applied sciences to offer rise to interrupt-by way of applied sciences. A majority of these maps can be very helpful for the R&D personals to guage the place of their analysis and know-how, and in addition they may discover option to extra innovate extra superior and helpful know-how.

Within the as we speak’s international context companies have to know what applied sciences can rivals choke simply, and could also be trying to. Additionally they have to know the areas in applied sciences the place competitors is intense, and the areas the place rivals are concentrating their IP improvement and their R&D efforts. They want to have the ability to monitor patent acquisition and improvement methods and chart out the aggressive panorama. To guage know-how earlier than making any funding determination, companies have to know the tempo of patenting exercise within the know-how, which patents embody elementary concepts within the know-how and the way weak the agency’s applied sciences are to patent infringements. This can give them a lot wanted info in deciding between know-how improvement and know-how acquisition.

The power to extract related info from patent literature is an important success issue for anybody concerned in technological innovation. The know-how mapping method’s that can be utilized to rework patent info into information that may affect choice-making.

Patents are an essential supply of technological intelligence that corporations can use to realize strategic benefit. Know-how Intelligence is a can be utilized for gathering, analyzing, forecasting, and managing exterior know-how associated info, together with patent info. Computational patent mapping is a strategy for the event and software of a know-how knowledgebase for know-how and aggressive intelligence. The first deliverables of patent mapping is within the type of information visualization by means of panorama and maps. These maps present invaluable intelligence on know-how evolution/revolution, nature of varied kinds of pioneering; huge; pure; and rising gamers, state-of-the-artwork evaluation, and so on.

These kind of technological maps will show to be a priceless multiplier in R&D and commercialization actions, in numerous methods together with the next:

o Creating additional insights in response to strategic necessities and coverage formulation within the group

o Forecasting and figuring out technological actions and developments within the business

o Aiding within the visualization of other improvement and progress paths obtainable to the group

o Enabling pre-emptive recognition and motion on potential licensing alternatives

o Figuring out potential companions and shoppers

o Determine know-how discontinuities and areas of alternatives of their chosen applied sciences

o Monitor and consider the technological means of rivals and potential rivals

o Help selections on foray and funding into specific applied sciences and sub-applied sciences

o Surveillance of technological progress of rivals in addition to to alert oneself to new entrants to the sector

o Recognizing of white areas or alternative areas inside a dense technological area

o Artistic device to simulate new concepts and create new IP

o Complementing company IP submitting methods

o Help know-how proposals for giant scale nationwide and worldwide degree tasks

o Help funding and know-how due diligence on corporations

Patent mapping may be an integral a part of IP administration. It may well uncover invaluable info hidden in patents and may present helpful indicators for technical tendencies, market developments, rivals modifications and technological profile and innovation potential of an organization. Patent maps are visible representations of patent info that has been mined and aggregated or clustered to spotlight particular options. There’s a excessive diploma of flexibility in visualization, which can be within the type of time-collection or as spatial maps. We offer a extra market and know-how oriented evaluation of the entire set of patent portfolio belongings by way of our patent mapping providers. Patent mapping can be utilized to determine the standard of patents with respect to prevailing know-how and the extent to which patents have an effect on the know-how. This can be a worthwhile enter in know-how sourcing/improvement and R&D selections. Patent mapping could be indispensable for each companies which have an beneath-utilized patent profile and want to license/assign it on the most favorable phrases, in addition to to companies which might be taking a look at creating patent portfolio power in a specific technological area.

Mere topic specialization is just not sufficient for this, however analytical considering and improvements are very important. Immediately numerous software program assets can be found for mapping the patent knowledge, however virtually all are confined to bibliographic informations. The machine work can’t be in contrast with that of human intelligence. Patent mapping requires many expertise. At the beginning amongst these is a capability to know the complicated scientific concepts protected by the patents themselves. Though it’s attainable to create a patent map by analyzing the relationships between patents with out understanding the subject material, such a map is usually ineffective and must be refined by somebody who understands the intricacies of the actual scientific self-discipline that’s the foundation of the invention. Thus, I anticipate that the necessity for individuals with scientific (and engineering) experience within the area of patent mapping is on the rise. That is why right now a lot of KPO agency are on the lookout for the proper particular person and there’s a big demand at this time, which will definitely improve within the close to future.