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ICIC 2014 New Product Introduction Questel

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ICIC 2014 New Product Introduction Questel

  1. 1. Questel Leading you all along the IP lifecycle IP Pruning Michael Klein – October 2014
  2. 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. 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. 4. Pruning •To maintain patents alive, associated renewal fees become expensive overtime •The USPTO and EPO apply the following price structures: 3
  5. 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 5
  6. 6. Pruning COMPUTE METRICS SCAN PATENT PORTFOLIO MANAGE RANK PATENTS
  7. 7. - Elevators, Escalators and Moving Walkways - Portfolio Auditing 8
  8. 8. Methodology 9 •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
  9. 9. 9 Import or Search a portfolio
  10. 10. 10 Confirm the searched portfolio
  11. 11. Pruning - Overview 12
  12. 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.) 13
  13. 13. Pruning – Detailed Report 14
  14. 14. Pruning – Metrics 15 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. 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
  16. 16. Q&A 17

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