Benefits of Doing Market Analysis With Patentability Search

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Patentability is a study to know if the invention is eligible for patenting. It provides detailed information on patented inventions in the technological field you are interested in.

For an invention to become a patent, it must be unique and new. If its technologies match one of the patented technologies, the IP application will be rejected by the IP office. So, before filing the application, always make sure that your invention is new and the patentability study helps you to test the uniqueness standards of IP. It also provides a list of patented technologies partially/completely matching your technology. Sources used for patentability analysis can be published patent applications, research articles, online journals, patent literature, documents, blogs, books, IP news , etc.

Patentability search with market analysis

If you perform market analysis with patentability research, you can get a better understanding of the existing products using technologies identical to your technology, their performance in the market, active players, market requirements, etc. With this information, you can strategize your R&D operations, invent useful new technologies, obtain valuable patents, and earn a lot of money.

There are many advantages to doing a market analysis with patentability, and here are some of the main ones:

Detailed information on the novelty of the invention and the patented technologies:

You are not the only one thinking of this idea. There may be several people who have pending or published patent applications for it. The detailed reports will help you to know the degree of uniqueness of your invention. Additionally, you can also get information about patented technologies and related products in your company’s area of ​​interest.

Make informed business decisions:

This helps to know the scope of your inventions and potential barriers to commercialization before filing IP applications. If you order a patentability analysis after a patent has been filed, you can determine whether you should pursue your pending application or do R&D to make certain changes.

Save prosecution time and costs:

Research reports provide detailed information about the research and development performed by inventors in the field to which your technology belongs. Thus, you can choose claims, which are easily approved by the reviewer and also accepted by the target markets. reduce prosecution costs and delays.

Help with patent drafting:

Patent and Market Reports are useful for patent drafters to prepare IP applications and select claims that fit future trends and are easily approved by the IP office. Thus, office actions and request processing time are reduced.



Source by Gurdeep Singh

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