A patent portfolio is a collection of patents owned by a single entity, such as an individual or corporation. The patents may be related or unrelated. Patent applications may also be regarded as included in a patent portfolio.
The monetary benefits of a patent portfolio include a market monopoly position for the portfolio holder and revenue from licensing the intellectual property. Non monetary benefits include strategic advantages like first-mover advantages and defense against rival portfolio holders. Constituting a patent portfolio may also be used to encourage investment.
Because patents have a fixed lifespan (term of patent), elements of a portfolio of patents constantly expire and enter the public domain.
The HULSEY PC patent portfolio practice provides the following servicees:
Making the critical determination of when R&D becomes intellectual property involves considering the processes and costs relating to protecting market share through competitive intelligence.
Examining special portfolio considerations that arise with ip ownership in collaboration.
Controlling spiraling costs as pipelines get filled and portfolios go global; and
Advanced strategic business considerations for maneuvering in the global patent market.
Profile competitor, partner or other third-party patents against your own IP portfolio segmentation
Distinguish between internally developed and externally acquired patents within the same portfolio
Import patent data directly from the USPTO and esp@cenet
Patent portfolio and process management
We have the ability to integrate data from multiple systems, databases, spreadsheets and other sources. This work includes the following actions:
Patent drafting and prosecution workflow, and ensure that key participants know about internal and external deadlines.
Links disclosures, drafts, pending patent cases and issued patents to the appropriate category or segment of your portfolio.
Invention disclosure and track inventor incentive programs, pave the way for a steady stream of inventions to enter the patent process.
review and rating workflow help the most promising inventions advance quickly.
Decipher provides a secure central storehouse for inventions and patent drafting data.
Its web interface makes collaboration easier for inventors, inside counsel, and anyone else who participates in your patenting process, regardless of their location.
Use document library and available integrated email system to preserve important documents and communication trails.
Besides improving the efficiency of the patent process, help you forecast, budget and measure expenses associated with the patenting process, making it easier to manage resources.
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