Business Purpose:
It is a well-known fact that patents manifest almost 80% of market value but only 2% to 5% of them are truly valuable & 95% is considered as spoilage. Mson IP utilizes their subject matter experts who follow a systematic methodology to create meaningful savings and returns from the spoilage which was immaterial for the organizations.
Why Portfolio Spoiled?
> Unaligned with Business Strategy because of faster technology cycle time in various technology sectors.
> Commercially nonviable patents filed purely to associate the company’s name with an invention, regardless of commercial utility or value.
> Product/market evolution patents are maintained despite being declined in market relevance (relevant for discontinued or failed products and technologies)
> Frequent changes in rules & regulations
> M&A activities frequently leads to disconnection between the more efficient merged businesses and their now-inefficient patent portfolios.
Significance of Portfolio Analysis:
Patent Portfolio analysis should be a high priority for legal, business & technical teams, in fact all of whom are directly affected by this inefficiency to make a firm’s R&D and patent expenses more efficient.
Mson IP’s Approach:
Mson IP’s portfolio study includes product to patent mapping, portfolio maintenance analysis, patent valuation & out-licensing extension. It helps in auditing of companies to ascertain IP related legal risks and also evaluate IP portfolios for strategic re-focusing of IP activities.
