How does patent landscaping work?
The term “landscape” often refers to all the elements of a land area that may be seen. Similar to this, “Patent Landscaping” is a method to construct a summary of pending patents in a particular place. Another way to put it is that it maps current, future, and issued patents in a specific industry. There are several methods to present the analysis, including 3D maps, study papers from the World Intellectual Property Organization, and numerous studies’ integrations.
Patent landscaping has a variety of uses, including:
*assisting in the creation of an organisation’s IP strategy (including examination of patentability, freedom to operate, and white space);
* knowing the R&D-intensive fields’ competitive environment;
* discovering new technological advancements and market trends;
* enabling improved industrial and innovation policy targeting and effect measurement; and
*recognising inventor networks and knowledge exchanges between nations and sectors.
Why do patent landscape analyses frequently?
An investigation of the landscape is not only conducted for its own sake. Always for a specific cause, it is done. The usual goal of a patent landscape analysis is to comprehend one or more of the following:
+ For companies looking to create a new product in a specific industry;
+ To assist businesses in developing their company strategy or goals;
+ To assist businesses in locating their rivals;
+ To assist businesses in identifying a particular field with few patents;
+ To reduce risk and find potential development areas in the future.
Patent landscaping advantages:
Making more confident decisions is aided by a patent landscape analysis. Patent Landscapes identifies potential growth regions through its data and enables decisions based on facts and well-informed choices.
The most important advantage you get from a patent landscape analysis is a thorough understanding of the technology, product, and competition in the region you’ve selected for your search. You should expect to learn more about the following subjects as a result of the study:
– Identification of promising technological sectors, as well as general innovation and technology trends;
– Comparison of technological sub-segments developments with those in more general disciplines;
– identifying areas that have become overdeveloped;
– Important players and top patent applications in a particular field of technology;
– The nature of the connections between essential inventors and applicants;
Patent landscaping procedures:
Computer software is used in conjunction with human intelligence to survey, organise, and report on crucial information linked to the purpose of patent landscaping. Once completed, a patent landscape aids the beneficiary in extracting essential legal, technical, and business information from the study or report.
Inventors’ Landscape of Contents:
As it might sound, a patent landscape study is not a comprehensive inventory of all patents. Instead, it is a concise analysis of the patent landscape in a specific nation, region, or continent at a particular time. In general, it aids in the identification of your rivals in the relevant patenting market, as well as potential fresh competitors.
You can design development strategies to help you advance and advance a given art by using the information in the patent landscape study to get current awareness of a specific technology. Since each report is focused on a particular issue, its contents vary. The research for the patent landscape study differs significantly in terms of the objectives and for whom the analysis goes audiences. The actual contents are as follows:
Goal & Purpose of the Report;
search techniques;
technological analysis and non-technical analysis;
analysis of current and emerging trends;
Trends in global patent classification and subclassification
significant technological trends;
Analysis of the patent portfolio and
summary
Conclusion:
As seen above, it demonstrates that it is a valuable tool for formulating policy and making decisions. It helps companies to refocus their efforts and enter new technology markets by circumstances that seem favourable to them based on a review of the landscape report.