Patents: A Tool for Technological Intelligence

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Patents are the biggest source of technological data. Patent are given to the inventor as a praise for its innovation inside the shape of the special proper of the monopoly for a duration of two decades from the concern date of the discovery. Due to advancement in the IT region and net, now those precious files are inside the reach of most of the people. Any person skilled within the art can undergo diverse patent databases and after a search can get the patent report in their need. There are distinct patent databases viz, USPTO, EPO, JPO, and many others freely open for the general public get admission to. If we go through the patents associated with a selected technological region, we are able to be able to find the lots of facts about the life cycle of the technological innovation viz.,

o evolutionary path of a particular technology,

o technological development,

o technological diversification,

o generation merges,

o principal gamers in precise technological region,

o key factors of the precise technology,

“The World Intellectual Property Organisation (WIPO) revealed that 90% to 95% of all the world’s inventions may be located in patented files.”

Patent evaluation can reveals very precious informations, which is not to be had anywhere. After patent seek the crucial element is the patent analysis, and one must be very concise approximately their objective of the have a look at. The statistics within the patent documents can be utilized in one-of-a-kind shape consistent with the need and mapped consequently to get the photograph of the complete evaluation in snapshots.

Patent information may be used for the preparation of technological landscapes. Logistic mathematics and circle arithmetic can be very beneficial within the plotting of the technological landscape. It can reveal the evolutionary fashion of a technology, how it’s miles advanced from a basic generation, together with the duration of the technological diversification and its nature. These maps may also supply the certain evaluate of the merging of the one-of-a-kind technologies to offer rise to break-thru technology. These varieties of maps might be very useful for the R&D personals to assess the position in their research and technology, and also they may discover manner to more innovate extra advanced and treasured era.

In the contemporary international context corporations want to know what technologies can competitors choke effortlessly, and may be attempting to. They also want to recognize the areas in technologies in which competition is severe, and the areas where competitors are concentrating their IP improvement and their R&D efforts. They want with a view to music patent acquisition and development strategies and chart out the aggressive panorama. To compare era earlier than making any funding selection, companies need to recognize the pace of patenting hobby within the era, which patents encompass fundamental ideas inside the generation and how susceptible the firm’s technologies are to patent infringements. This will give them a great deal needed records in deciding between generation development and technology acquisition.

The capability to extract relevant facts from patent literature is a crucial fulfillment aspect for anyone involved in technological innovation. The technology mapping approach’s that may be used to transform patent statistics into know-how that could have an effect on decision-making.

Patents are an crucial supply of technological intelligence that businesses can use to gain strategic advantage. Technology Intelligence is a may be used for collecting, reading, forecasting, and managing outside era associated records, along with patent statistics. Computational patent mapping is a methodology for the development and alertness of a era knowledgebase for era and aggressive intelligence. The primary deliverables of patent mapping is in the form of information visualization via panorama and maps. These maps offer precious intelligence on generation evolution/revolution, nature of numerous forms of pioneering; large; pure; and rising players, today’s assessment, and so on.

These varieties of technological maps will prove to be a treasured multiplier in R&D and commercialization activities, in numerous methods together with the following:

o Developing in addition insights in reaction to strategic requirements and coverage components inside the organisation

o Forecasting and figuring out technological sports and developments within the enterprise

o Aiding in the visualization of alternative improvement and boom paths available to the employer

o Enabling pre-emptive popularity and movement on capacity licensing possibilities

o Identifying potential partners and clients

o Identify generation discontinuities and areas of opportunities in their chosen technologies

o Monitor and examine the technological process of competition and capacity competitors

o Support choices on foray and funding into unique technology Blog and sub-technology

o Surveillance of technological development of competitors as well as to alert oneself to new entrants to the sector

o Spotting of white areas or opportunity areas within a dense technological domain

o Creative device to simulate new thoughts and create new IP

o Complementing company IP filing techniques

o Support technology proposals for large scale countrywide and international level tasks

o Support funding and technology due diligence on groups

Patent mapping can be an integral part of IP control. It can uncover valuable data hidden in patents and can provide useful signs for technical trends, market tendencies, competition changes and technological profile and innovation capacity of a organisation. Patent maps are visual representations of patent statistics that has been mined and aggregated or clustered to spotlight specific features. There is a high degree of flexibility in visualization, which may be within the form of time-collection or as spatial maps. We offer a more market and generation oriented evaluation of the entire set of patent portfolio property thru our patent mapping offerings. Patent mapping may be used to envision the first-class of patents with admire to triumphing technology and the extent to which patents affect the technology. This is a precious input in era sourcing/improvement and R&D selections. Patent mapping can be integral for both firms which have an under-utilized patent profile and are looking to license/assign it at the most favorable phrases, as well as to companies which can be searching at developing patent portfolio power in a selected technological subject.

Mere subject specialization isn’t always enough for this, but analytical thinking and improvements are very essential. Today masses of software resources are to be had for mapping the patent records, however almost all are restricted to bibliographic informations. The machine work can’t be in comparison with that of human intelligence. Patent mapping requires many capabilities. First and most important among those is an ability to understand the complicated scientific thoughts covered by means of the patents themselves. Although it’s miles viable to create a patent map by using studying the relationships among patents without expertise the difficulty depend, this type of map is regularly useless and wishes to be subtle by someone who understands the intricacies of the unique scientific field that is the premise of the invention. Thus, I count on that the want for humans with clinical (and engineering) information inside the field of patent mapping is at the increase. That’s why today lots of KPO company are searching out the right man or woman and there is a massive demand these days, with the intention to sincerely boom within the near future.

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