Patents A Technological Intelligence Tool

Patents A Technological Intelligence Tool

Patents area unit the most important supply of technological info. Patent are a unit given to the creator as a souvenir for its innovation within the sort of the prerogative of the monopoly for a amount of twenty years from the priority date of the invention. Thanks to advancement within the IT sector and net, currently these valuable documents are a unit within the reach of the overall public. somebody experienced within the art will bear varied patent databases and when a look will get the patent document of their want. There are a unit totally different patent databases viz, USPTO, EPO, JPO, etc freely open for the general public access. If we tend to bear the patents associated with a particular technological space, we are going to be ready to notice the scores of info regarding the life cycle of the technological innovation viz.,
o biological process path of a particular technology,
o technological development,
o technological diversification,
o technology merges,
o major players in specific technological space,
o key points of the precise technology,
“The World holding Organisation (WIPO) discovered that ninetieth to ninety fifth of all the world’s inventions may be found in proprietary documents.”
Patent analysis will reveals terribly valuable informations, that isn’t accessible anyplace. when patent search the crucial half is that the patent analysis, and one got to be terribly laconic regarding their objective of the study. The knowledge within the patent documents may be used in several type in step with the necessity and mapped consequently to induce the image of the complete analysis in snapshots.
Patent information may be used for the preparation of technological landscapes. supplying arithmetic and circle arithmetic may be terribly helpful within the plotting of the technological landscape. It will reveal the movement of a technology, however it’s evolved from a basic technology, beside the amount of the technological diversification and its nature. These maps will provide the careful summary of the merging of the various technologies to administer rise to break-through technologies. These forms of maps are going to be terribly helpful for the R&D personals to judge the position of their analysis and technology, and additionally they’ll notice thanks to a lot of initiate a lot of advanced and valuable technology.
In the today’s international context companies got to recognize what technologies will competitors choke simply, and should be trying to. They additionally got to recognize the areas in technologies wherever competition is intense, and also the area unitas wherever competitors are concentrating their science development and their R&D efforts. they have to be ready to track patent acquisition and development ways and chart out the competitive landscape. To judge technology before creating any investment call, companies got to recognize the pace of patenting activity within the technology, that patents embody elementary ideas within the technology and the way vulnerable the firm’s technologies area unit to patent infringements. This may provide them abundant required info to decide between technology development and technology acquisition.
The ability to extract relevant info from patent literature may be a crucial success issue for anyone concerned in technological innovation. The technology mapping technique’s that may be wont to remodel patent info into data that may influence decision-making.
Patents area unit a very important supply of technological intelligence that corporations will use to achieve strategic advantage. Technology Intelligence may be a may be used for gathering, analyzing, prediction, and managing external technology connected info, as well as patent info. Machine patent mapping may be a methodology for the event and application of a technology knowledgebase for technology and competitive intelligence. The first deliverables of patent mapping is within the sort of data mental image through landscape and maps. These maps offer valuable intelligence on technology evolution/revolution, nature of assorted forms of pioneering; big; pure; and rising players, progressive assessment, etc.
These forms of technological maps can convince be a valuable number in R&D and exploitation activities, in varied ways in which as well as the following:
o Developing additional insights in response to strategic necessities and policy formulation within the organization
o prediction and distinguishing technological activities and trends within the trade
o Aiding within the mental image of other development and growth methods accessible to the organization
o sanctioning pre-emptive recognition and action on potential licensing opportunities
o distinguishing prospective partners and purchasers
o determine technology discontinuities and areas of opportunities in their chosen technologies
o Monitor and measure the technological method of competitors and potential competitors
o Support choices on foray and investment into specific technologies and sub-technologies
o police investigation of technological progress of competitors likewise on alert oneself to new entrants to the sector
o recognizing of white areas or chance areas inside a dense technological domain
o artistic tool to simulate new ideas and make new science
o Complementing company science filing ways
o Support technology proposals for big scale national and international level comes
o Support investment and technology due diligence on corporations
Patent mapping may be associate integral a part of science management. It will uncover valuable info hidden in patents and may offer helpful indicators for technical trends, market trends, competitors changes and technological profile and innovation potential of an organization. Patent maps area unit visual representations of patent info that has been well-mined and collective or clustered to spotlight specific options. There’s a high degree of flexibility in mental image, which can be within the sort of time-series or as spatial maps. We offer a a lot of market and technology homeward-bound analysis of the whole set of patent portfolio assets via our patent mapping services. Patent mapping may be wont to ascertain the standard of patents with relevancy prevailing technology and also the extent to that patents have an effect on the technology. This can be a valuable input in technology sourcing/development and R&D choices. Patent mapping may be indispensable for each companies that have associate under-utilized patent profile and area unit trying to license/assign it at the foremost favorable terms, likewise on companies that area unit watching developing patent portfolio strength in a very specific technological field.
Mere subject specialization isn’t enough for this, however analytical thinking and innovations area unit terribly essential. Now a days scores of software system resources area unit accessible for mapping the patent information, however most area unit confined to bibliographical informations. The machine work can’t be compared therewith of human intelligence. Patent mapping needs several skills. Initial and foremost among these is a capability to know the advanced scientific ideas protected by the patents themselves. Though it’s attainable to form a patent map by analyzing the relationships between patents while not understanding the topic matter, such a map is usually useless and desires to be refined by somebody United Nations agency understands the intricacies of the actual study that’s the premise of the invention. Thus, I expect that the necessity for individuals with scientific (and engineering) experience within the field of patent mapping is on the rise.

Patents A Technological Intelligence Tool

that is why nowadays scores of KPO firm area unit longing for the proper individual and there’s a large demand nowadays, which is able to actually increase within the close to future.

Joanna S. Tyler

Joanna S. Tyler has designed Peacepark.us to allow guest bloggers to post their unique, interesting and informative content for peace park readers. He does blogging himself and contributes to several blogs including peacepark.us

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