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Leading You Along the IP Lifecycle with IP Pruning
1. Questel Leading you all along the IP lifecycle
IP Pruning
Michael Klein – October 2014
2. BUSINESS VALUE CHAIN
IP PRIOR-ART SEARCH
IP BUSINESS INTELLIGENCE
IP EVALUATION
PRODUCTIVITY TOOLS
COVERING IP NEEDS ALL ALONG THE INNOVATION LIFECYCLE
PRODUCT
DEVELOPMENT
GO-TO-
MARKET
ASSET
MONETIZATION
IP
CHALLENGES
SPEED R&D
MITIGATE RISKS
AUDIT
MONETIZE
TECHNOLOGY
DEVELOPMENT
3. IP BUSINESS INTELLIGENCE WORKFLOW
DEFINE
AN AREA OF INTEREST
CREATE AN ENVIRONMENT
MONETIZE
BENCHMARK
AUDIT
ANALYZE THE OUTCOME
LANDSCAPE
Prior-Art Search
IPBI Module
4. Pruning
•To maintain patents alive, associated renewal fees become expensive overtime
•The USPTO and EPO apply the following price structures:
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5. Pruning
•The Orbit pruning solution allows you to audit your own portfolio and track down:
•the most valuable patents
•those which can be abandoned
•It helps you to make smarter, better and quicker decisions and
•Save money
•Allocate your resources to promising fields and areas
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8. Methodology
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•Identification of alive Kone’s art in B66B class
•Portfolio of 864 patents found
•Rating of those patents based on a 12+ metric scale that portrays their appeal to the market
B66B: ELEVATORS; ESCALATORS OR MOVING WALKWAYS
12. Report overview editable criteria
The threshold between the different categories can be adjusted based upon different criteria (family size, forward citations, citation/year etc.)
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14. Pruning – Metrics
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The most likely to abandon
- The larger the family the better
- It indicates greater investment and a wider scope for protection
- Score ranges between 0 and 1
- The closer to 1, the wider application across tech groups
- The closer to 0, the more specific application
- Score ranges between 0 and 1 - The closer to 1, the more breakthrough technology - The closer to 0, the more incremental improvement
The presence of predators indicates a more active patent market
- No: not a single member of the family has been litigated in the US, opposed or re-examined anywhere in the world - Yes: at least a member
The higher the better: indicates follow up on work and confidence in the technology
- The more citation the better
- It indicates continued interest in the patent
The higher the better: More independent and dependent claims tend to indicate a wider scope of protection
15. Align innovation with company’s strategy
Assess your portfolio based on 12+ metrics
Determine which patents should be investigated and eventually abandoned
Save money and better allocate your financial resources
Plan ahead and anticipate future outcome by pointing out the most likely patents to get rid off in a few years
The Pruning module allows to