The patentability is a study to know if the invention is eligible to be patented. Provides detailed information on patented inventions in the field of technology of interest to you.
For an invention to become a patent, it must be unique and novel. If your technologies match any of the proprietary technologies, the IP office will reject the IP request. Therefore, before applying, always make sure that your invention is new and that the patentability study helps you to test the standards of intellectual property exclusivity. It also provides a list of proprietary technologies that partially or completely match your technology. The sources used for the analysis of patentability can be published patent applications, research articles, online journals, patent literature, documents, blogs, books, IP news, etc.
Search for patentability with market analysis
By conducting a market analysis with a search for patentability, you can better understand existing products that are executed using technologies identical to your technology, their performance in the market, active players, market requirements, etc. With this information, you can strategize your R&D operations, invent useful and novel technologies, obtain valuable patents, and earn a lot of money.
There are many benefits of conducting market analysis with patentability, with some of the main ones listed below:
Detailed information on the novelty of the invention and patented technologies:
You are not the only one thinking of that idea. There may be multiple people who have pending or published patent applications for it. Detailed reports will help you understand how unique your invention is. In addition, you can also get information about proprietary technologies and related products in your business’s field of interest.
Informed Business Decision Making:
It helps to understand the scope of your inventions and the possible barriers to commercialization before filing IP applications. If you request a patentability analysis after patent filing, you can determine whether to proceed with your pending application or perform R&D to make certain modifications.
Savings in processing time and costs:
Search reports provide detailed information on research and development by inventors in the field to which their technology belongs. Therefore, you can choose claims, which are easily approved by the examiner and also accepted by the target markets. reducing costs and processing time.
Help in drafting patents:
Patent and market reports are useful for patent writers in preparing intellectual property applications and choosing claims that match future trends and can be easily approved by the intellectual property office. Therefore, both office actions and application process time are reduced.