About the service
Patent management refers to the strategic and operational processes and activities involved in acquiring, protecting, maintaining, and leveraging patents and other forms of intellectual property (IP) within an organization. It encompasses a range of tasks and strategies aimed at maximizing the value of patents while minimizing associated risks and costs
Implementing an effective methodology for patent management involves a structured approach to acquiring, protecting, and leveraging patents.
Below is a step-by-step methodology for patent management :
Define Patent Strategy and Goals
Identify the organization's objectives, including innovation goals, competitive positioning, and revenue generation through IP.
Determine the role of patents in achieving these objectives.
Set clear patent strategy and goals aligned with the overall business strategy.
Establish processes to capture and evaluate innovations from employees, research and development teams, and external sources.
Prioritize inventions based on their alignment with patent strategy and market potential.
Conduct preliminary patentability searches (e.g., Knockout Searches) to assess the potential patentability of selected inventions.
Evaluate novelty, non-obviousness, and utility to identify inventions suitable for patent protection.
Invention Disclosure and Documentation
Develop a standardized invention disclosure process to gather detailed information about inventions.
Document inventions thoroughly, including technical specifications, drawings, and supporting materials.
Patent Application Filing
Engage patent attorneys or agents to draft and file patent applications based on the invention disclosures.
Select appropriate jurisdictions for patent filings based on business priorities and market presence.
Manage the patent prosecution process, which includes responding to office actions, conducting interviews with patent examiners, and amending claims to secure patent grant.
Establish a portfolio management system to track and manage patents, including maintenance fees, deadlines, and status.
Periodically assess the quality and relevance of existing patents and make decisions regarding maintenance, enforcement, or divestment.
IP Enforcement and Defense
Monitor the marketplace for potential patent infringement.
Develop strategies for enforcing patent rights or defending against patent challenges as needed.
IP Commercialization and Licensing
Explore opportunities for monetizing IP through licensing agreements, partnerships, or technology transfer.
Negotiate and manage IP licensing agreements to generate revenue and expand the IP's reach.
Evaluate the value of the patent portfolio for financial reporting, potential transactions, or IP asset management.
Compliance and Risk Management
Develop and implement IP policies and procedures to ensure compliance with IP laws and regulations.
Identify and mitigate risks related to IP, including infringement risks and potential disputes.
Education and Training
Provide IP education and training to employees, inventors, and stakeholders to increase awareness of IP rights and best practices.
Continuously review and refine the patent management processes and strategies based on feedback, performance metrics, and changing business objectives.
Stay updated on technological developments, industry trends, and competitor activities to inform patent strategy adjustments.
Crafting patents is an intricate craft, one that we, at Effectual, have honed over the years. We empower Fortune 500 companies, leading R&D institutions, and individual inventors alike to skillfully compose patent applications, safeguard their innovations, and file them in numerous global jurisdictions.
Remote Patent Docketing
Patent drafting represents the inaugural and arguably the most critical phase in the entire patent lifecycle. At Effectual, we have cultivated extensive proficiency in crafting patents, encompassing both provisional and comprehensive patent specifications, tailored to meet the precise statutory prerequisites of the particular patent office where the application will be submitted. Our drafters have received training from prominent Patent Attorneys with extensive experience in drafting numerous patent applications, and they possess a deep understanding of the procedures of respective Patent and Trademark Offices (PTOs).
Merely submitting a patent application does not guarantee its approval. We aid clients in crafting well-prepared responses to office actions for patents filed in diverse regions, including the US, EP, India, and Australia. Our team of adept professionals with a blend of technical and legal expertise has substantial experience not only in composing high-quality responses but also in collaborating with attorneys to navigate discussions with examiners during examiner interviews. Our aim is to secure a patent with a sufficiently broad claim set, avoiding excessive limitations
Patent filing is a sophisticated and intricate procedure, and without the guidance of proficient professionals with expertise in patent filing, it can consume a significant amount of time. Errors in completing forms can result in the forfeiture of priority rights and dates. Our team of seasoned Patent Agents, Lawyers, and Paralegals possesses extensive knowledge in meticulously preparing precise filing documents, alleviating concerns about meeting crucial deadlines.
Comprehensive comprehension of a patent often hinges on the inclusion of clear and illustrative drawings. Our team of experienced patent drafters excels in crafting drawings and illustrations, whether originating them from the ground up or converting drawings from one jurisdiction to another. We adeptly prepare drawings that adhere to the specifications of diverse patent offices, including USPTO, Indian, European, Chinese, Korean, Australian, Japanese, and numerous others.
File History Analysis
Patent filing is a multifaceted and intricate procedure that can consume a significant amount of time if not guided by professionals with specialized expertise in this domain. Errors in completing forms may result in the forfeiture of priority rights and dates. Our team of seasoned Patent Agents, Lawyers, and Paralegals possesses profound expertise in meticulously preparing precise filing documents, ensuring you remain confident about meeting all deadlines without concern.
To facilitate a comprehensive understanding of a patent, the inclusion of drawings assumes pivotal significance. Our team of highly experienced patent drafters possesses the expertise to create drawings and illustrations from the ground up, as well as to adapt drawings from one jurisdiction to another. They excel in preparing drawings in accordance with the specific requirements of various patent offices, including but not limited to USPTO, Indian, European, Chinese, Korean, Australian, Japanese, and several others.
Deliverable Format The final deliverable is a structured MS Excel-based report. This report includes all references located during the search categorized in various taxonomy headers and sub-headers.
At Effectual Services, we follow a rigorous and systematic approach to All searches, ensuring that our clients receive a comprehensive and well-organized report that aids informed decision-making and innovation in their respective domains.
Why Choose us?
There are several compelling reasons to choose Effectual Services for your search needs :
Highly Qualified Team
Effectual Services boasts an experienced team comprising Indian Patent Agents and Master's and Bachelor’s degree holders from renowned universities. The team members are specialized in various technical domains, including Computer Science, Electronics, Electrical, Mechanical, Chemical, Biotechnology, Pharmaceuticals, and Life Sciences. Many also have legal expertise, making them well-suited for Intellectual Property-related services.
Access to Comprehensive Databases
Effectual Services have access to the industry’s leading patent and non-patent databases which provide us access to the 100+ jurisdictions worldwide :
- Various Patent databases like STN, Derwent Innovations, Orbit (from QuestelTM) and Total Patents (from LexisNexisTM), Google Patents, Espacenet, Patentscope, USPTO, and other regional patent databases.
- Non-patent databases such as IP.com, ScienceDirect, Google Scholar, IEEE Xplore, CiteSeer, ACM Library, Wiley’s Online Library, etc. This extensive database access ensures comprehensive coverage of relevant information.
Comprehensive Search Strategy
Effectual services search strategy is comprehensive and includes various approaches, such as keyword-based searching, patent classification-based searching (e.g., CPC, IPC, USC, FI, F-Term), assignee and inventor-based searching, and citation search (spider searching). With a combination of an experienced, multidisciplinary team, and access to extensive databases, Effectual Services is well-equipped to provide high-quality searches tailored to your specific needs, ensuring that you receive comprehensive and actionable insights into your chosen technology domain.
Provides customized reports and recommendations to address your specific challenges and opportunities.
Stay ahead of the competition, reduce costs, and drive innovation with our SOA search service.
Effectual Keyword and Standard Search Tool
Effectual Services enhances search results with an in-house keywords database and an in-house standard search tool. These tools improve efficiency and effectiveness in searching within lengthy documents.
Enhanced Search Capabilities
Effectual Services search capabilities go beyond traditional methods. We offer image-based and native search options, along with an in-house team for extracting relevant information from videos, including captions and subtitles. This multimedia search capability sets us apart.
"At Effectual, we have successfully delivered 25000+ search projects worldwide in various branches of science for gathering and analyzing the latest advancements and innovations in specific scientific fields such as biotechnology, chemistry, environmental science, computer science, medical science, material science, agricultural science, neuroscience, energy science, aeronautical engineering, mechanical engineering, and electrical engineering searches etc.
As a leader in IP services, we bring proven expertise, cutting-edge technology, and a commitment to your success.
"Unlock Innovation and Stay Ahead of the Curve! Choose Effectual Services for Your Search Today.
Join hands with us and experience the difference. Contact us today to explore how we can make your projects a resounding success !Contact Us Now
"I couldn't be more pleased with the patent management services provided by Effectual Services and their team. Their expertise, attention to detail, and proactive approach have been instrumental in safeguarding our intellectual property. Their clear communication and cost-effective solutions have consistently exceeded our expectations, resulting in timely and successful patent outcomes. We highly recommend Effectual Services for anyone seeking exceptional patent management services."