Innovation, Patent and Profit Roadmap

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New innovation is a cost to the companies and it is essential to use and protect is property to gain competitive and technical advantage. Following are few important point helping in making a better strategic business decision to gain market competency.

  • Invest for immediate product development.
  • Fund R&D proposals with high impact.
  • Strengthen an existing technology.
  • Find IP holes & surprise new products.
  • Estimate competitor's intentions.
  • Identify synergies in potential partners.
  • Place a "value" on licensed technology.
  • Position a technology for out-licensing.
  • Objectively assess the IP risks
  • File to "fence in" an important area.

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