Patent Intelligence
Patent intelligence refers to the process of gathering, analysing, and utilizing information that taken from patents which already exist in the world. It involves conducting in-depth research and analysis of patents to gain more understanding into technological trends, competitive landscapes, and innovation strategies.
Difference between Patent and Patent intelligence:-
Patent | Patent intelligence |
Patents are legal documents granted by government authorities that provide inventors with exclusive rights to their inventions for a certain period of time. | Patent intelligence involves the systematic extraction of an information and analysis of information contained in patents. |
Patent intelligence is conducted for various reason, some aspects are mentioned below:
Technological Trends: Patent analysis helps to better understand advance technologies and new technical achievements in the industry. It gives the new direction and new aspect to the innovation.
Competitive Analysis: It allows companies to identify their competitors’ strengths, weaknesses, and areas of focus where they wants to innovate newly, which can be used to shape their own strategies.
Intellectual Property Landscape: Patent intelligence helps companies assess the existing intellectual property landscape to identify potential infringements, assess the validity of patents, and evaluate opportunities for licensing or collaboration.
Innovation Strategy: Analysing patents can provide insights into the innovation strategies of companies and individuals.
Market and Technology Forecasting: By analysing patent filings and trends, researchers can predict the future market developments and technological advancements.
We at PATHtoIP® ensure that every client gets exceptional results with high-quality patent analysis or patent research. As an experienced firm, our highly skilled patent researchers with flexible work styles deliver results capable of reaching your goals.