Key steps for patent landscape analysis
The patent landscape is a complete analysis of the extracted data related to a particular technological domain. This data includes the past and present status of that technology in the relevant market, its future prospects, associated intellectual property information, competitive intelligence, and technology transfer. Patent landscaping must be done properly for best results.
Key steps for patent landscape analysis
1. Determination and interpretation of the client’s objective or purpose
– Background study on the client’s object or purpose.
– Identification of the technological aspect behind the client’s object or purpose.
– Find out the need at the level of market research, where the client wants to launch their product, which can be national or global.
2. Setting up a keyword library to discover new queries
– Identify significant related terms.
– Find suitable synonyms for these terms.
– Identify the appropriate keywords, directly from the background of the invention and its technological aspects.
3. Data mining with better patent portfolio management
– To correct the results of the novelty or patent search, the non-patent literature (or scientific literature) search is also required.
– During searches, appropriate filters or restrictions should be taken, such as priority date (or filing date), IPC class, USPTO class, patent expiration date, etc.
4. Design a main format for the landscaping report and consult with the client
– Discuss the curves and technological trends already sought with the client.
– Attempt to resolve any confusion or problems related to landscaping search results.
– Prepare a flowchart or workflow type report using your assumptions or ideas related to the client’s goal or question.
5. Reset keyword library for final search and analysis
– Add new terms or concepts that are generated after consultation with the client.
– Finish the landscape quest objective.
6. Cover all relevant areas related to technological advancement and market research.
– Freedom to Operate (FTO) search is required, such as when a customer wants to launch their product or technology in a particular country, then the FTO search is necessary to avoid the risks of infringements.
– Appropriate knowledge of IPR laws related to the client’s objective or purpose.
– The regulatory procedures and paperwork must be known before the launch of a new product or technology.
– Non-patent literature search provides more efficient proofreading results.
– Relevant IP market research on competing companies or big players in the same technological field.
– A proper SWOT analysis is required to generate more future insights for the new product or technology.
– The analysis of blank spaces and gaps is also important to find a safe and potential research domain.
– Propose a better and strategic commercial planning for the new product or technology to be launched.
7. Gather all the extracted data and organize it in the final report format
– Use of appropriate data representation tools, such as charts, graphs, tables, workflows, etc.
– Write down all the references or links.