Patentability is really a study to learn whether the invention is permitted be patented. It provides details about the patented inventions in the area of technology of your respective interest.
For an invention to get patent, it has to be unique and novel. If its technologies match with the patented technology, the IP application will probably be rejected because of the IP office. Thus, before filing the appliance, always make sure your invention is totally new, and patentability study direct you towards testing the IP uniqueness standards. It also gives a list of patented technologies matching partially/completely your technology. Sources employed for patentability analysis may be published patent applications, research papers, online journals, patent literature, documents, blogs, books, IP news, etc.
Patentability Search with Market Analysis
If you choose to do market analysis with patentability search, you might have better knowledge of the existing products running using technologies comparable to your technology, their performance already in the market, active players, market requirements, etc. Using this information, you may strategize your R&D operations, invent useful, novel technologies, obtain valuable patents, and earn big money.
There are numerous benefits of doing market analysis with patentability, and here i will discuss some with the top ones:
Detailed info on novelty with the invention and patented technologies:
You aren’t the only one contemplating that idea. There might be several people who have pending or published patent applications for the. The detailed reports will assist you to know the penetration of uniqueness of one’s invention. In addition, you may also get information regarding the patented technologies and related products in neuro-scientific interest of the business.
Making informed business decisions:
It can be useful for knowing the scope within your inventions and potential barriers for commercializing them just before filing the IP applications. If you order patentability analysis post patent filing, you may determine whether it is best to proceed together with your pending application or do R&D to complete certain modifications.
Saving prosecution serious amounts of costs:
The search reports give in-depth information in regards to the research and development done because of the inventors from the field your technology is associated with. Thus, it is possible to choose claims, which get easily approved from the examiner, and accepted with the target markets at the same time. lowering the prosecution costs and time.
Helps in patent drafting:
Patent and market reports are helpful for patent drafters in preparing IP applications, deciding on the claims, which match with the near future trends and easily approved because of the IP office. Thus, both office actions and application process time reduce.