There is no doubt that patents play a crucial role in promoting technological development. However, due to the ever increasing filing of patent applications, patent monitoring can be a daunting task.
Have you ever wondered what is the latest innovation in your field of expertise? Not only for the effort to find partnerships but also, to identify potential competitors or determine if you are free to operate. To stay informed on all levels in this capacity, a formalized program to “patent watch” can provide valuable business intelligence for your company.