Startups and Enterprises need to identify patentable ideas early and create a patent portfolio based on a well thought out strategy More often than not, companies are not even aware of the multiple innovations hidden in the current and future versions of their product(s). These innovations go unnoticed as subject matter experts do not understand the intricacies of the patenting processes. Also, companies tend to file a single patent around an innovation and are not aware of the fact that patent litigation and licensing often involves entire patent portfolios and that competitors can easily avoid infringing a single patent.
Intense IP helps companies build their patenting strategies right from the days of idea generation. Intense IP’s approach to portfolio creation involves auditing the current version of the product and understanding the probable future roadmaps to generate multiple patentable ideas. These ideas are then screened based on factors such as potential acquirers of the patents in future, market potential of the patents, other innovations that might infringe on these patents, etc. The screened ideas go through a ‘patentability validation search’ to ensure that clients get the broadest protection. Intense IP then also suggests a filing prioritization based on existing patent landscape of related technology domains and future commercial value of the patents.
Intense IP has built patent portfolios for 8 Indian, 4 US and 2 Singapore companies.