Patents: A Tool for Technological Intelligence

Patents: A Tool for Technological Intelligence

Patents are the biggest source of technological know-how. Patent are given to the inventor as a reward for its innovation in the form of the distinguished correct of the monopoly for a interval of twenty years from the priority date of the invention. Because of development within the IT sector and web, now these priceless documents are in the attain of the general public. Anyone expert within the artwork can go through more than a few patent databases and after a search can get the patent file of their need. There are extraordinary patent databases viz, USPTO, EPO, JPO, and many others freely open for the general public access. If we go by way of the patents regarding a detailed technological discipline, we can be competent to seek out the tons of know-how concerning the lifestyles cycle of the technological innovation viz.,

o evolutionary direction of a distinct science,

o technological progress,

o technological diversification,

o science merges,

o important avid gamers in specific technological field,

o key features of the detailed technology,

“the world mental Property organisation (WIPO) printed that ninety% to ninety five% of the entire world’s innovations can also be discovered in patented files.”

Patent analysis can displays very useful informations, which isn’t to be had at any place. After patent search the crucial part is the patent analysis, and one have to be very concise about their purpose of the be trained. The know-how within the patent files may also be utilized in one-of-a-kind form according to the necessity and mapped accordingly to get the picture of the whole evaluation in snapshots.

Patent information can be used for the preparation of technological landscapes. Logistic arithmetic and circle mathematics will also be very priceless within the plotting of the technological panorama. It could divulge the evolutionary trend of a technology, how it is advanced from a common science, along with the period of the technological diversification and its nature. These maps may also give the distinctive overview of the merging of the distinct technologies to give upward push to break-by means of technologies. These varieties of maps will probably be very valuable for the R&D personals to evaluate the role of their research and technological know-how, and also they’ll in finding option to more innovate more developed and valuable science.

In the present day world context corporations need to be aware of what technologies can rivals choke quite simply, and may be making an attempt to. In addition they need to know the areas in applied sciences where competition is intense, and the areas the place competitors are concentrating their IP development and their R&D efforts. They need to be able to monitor patent acquisition and development techniques and chart out the competitive landscape. To evaluate science earlier than making any funding selection, businesses ought to comprehend the percent of patenting undertaking in the technology, which patents embody essential strategies within the technological know-how and the way prone the corporation’s applied sciences are to patent infringements. This will provide them so much wanted understanding in identifying between technology development and technological know-how acquisition.

The capacity to extract primary expertise from patent literature is a important success component for any person involved in technological innovation. The technology mapping process’s that can be used to convert patent expertise into expertise that can impact choice-making.

Patents are an primary supply of technological intelligence that companies can use to attain strategic potential. Technology Intelligence is a can be used for gathering, inspecting, forecasting, and managing external science associated expertise, together with patent information. Computational patent mapping is a methodology for the development and application of a science knowledgebase for technology and aggressive intelligence. The main deliverables of patent mapping is within the type of competencies visualization by way of panorama and maps. These maps provide priceless intelligence on technology evolution/revolution, nature of quite a lot of forms of pioneering; large; pure; and emerging players, brand new comparison, and so on.

These forms of technological maps will show to be a priceless multiplier in R&D and commercialization pursuits, in quite a lot of methods together with the following:

o developing further insights in accordance with strategic requirements and coverage formula in the organization

o Forecasting and choosing technological movements and traits within the industry

o helping within the visualization of substitute development and growth paths available to the institution

o Enabling pre-emptive cognizance and motion on talents licensing possibilities

o deciding upon potential companions and customers

o identify technology discontinuities and areas of opportunities in their chosen applied sciences

o reveal and assessment the technological process of opponents and capabilities rivals

o aid choices on foray and investment into detailed technologies and sub-technologies

o Surveillance of technological progress of competitors as well as to alert oneself to new entrants to the subject

o recognizing of white areas or possibility areas within a dense technological area

o creative software to simulate new suggestions and create new IP

o Complementing corporate IP submitting methods

o help technology proposals for colossal scale national and international degree tasks

o support investment and technology due diligence on companies

Patent mapping can also be an necessary a part of IP management. It may well uncover valuable knowledge hidden in patents and can furnish priceless indications for technical traits, market tendencies, competitors changes and technological profile and innovation potential of a corporation. Patent maps are visual representations of patent expertise that has been mined and aggregated or clustered to spotlight special features. There is a excessive measure of flexibility in visualization, which is also within the form of time-sequence or as spatial maps. We furnish a more market and technological know-how oriented evaluation of the complete set of patent portfolio belongings via our patent mapping offerings. Patent mapping can be utilized to ascertain the pleasant of patents with respect to prevailing science and the extent to which patents have an effect on the science. This is a priceless input in technological know-how sourcing/development and R&D decisions. Patent mapping may also be indispensable for each businesses which have an beneath-utilized patent profile and are looking to license/assign it at the most favorable phrases, as well as to firms which can be watching at establishing patent portfolio strength in a precise technological field.

Mere field specialization shouldn’t be enough for this, however analytical thinking and innovations are very principal. In these days lots of software resources are available for mapping the patent knowledge, but virtually all are restricted to bibliographic informations. The computer work can’t be when put next with that of human intelligence. Patent mapping requires many knowledge. First and important among these is an capacity to realize the intricate scientific strategies covered by means of the patents themselves. Although it is possible to create a patent map by way of examining the relationships between patents with out working out the area subject, such a map is often useless and desires to be refined by anybody who is familiar with the intricacies of the exact scientific self-discipline that’s the basis of the invention. For that reason, I anticipate that the necessity for men and women with scientific (and engineering) knowledge in the area of patent mapping is on the broaden. That’s why in these days plenty of KPO firm are looking for the right man or woman and there is a massive demand in these days, so that they can most likely expand in the close future.

Updated: June 21, 2019 — 12:44 pm

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