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Patent Analytics, Consulting & Valuation |
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Our consulting teams are made up of individuals with law degrees, technical degrees and the experience to best support your needs. Each team member brings expertise in areas ranging from licensing, to IP valuation, to competitive analysis. InnovarIP’s proficient research staff provides the accurate data on which our firm bases its reports and recommendations.
We bring together research experts, industry leading analysts and experienced consultants who monitor competition and assist you in strategically by-passing competition. Our competitive monitoring services alert you to new amendments, office actions, patent issuances and application publications. Customized tracking of your portfolio as well as your competitor’s keeps you fully informed. |
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Competitive Intelligence |
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The regular collection and analysis of competitive intelligence is essential to developing your intellectual property strategy. Our team helps you identify the competitors, patents, product areas, and revenues that are most worth tracking. After identifying the information you need, our team will determine the delivery format that maximizes your efficiency. Our reports will help you identify potential risks and roadblocks, and allow easy identification of attractive pursuits from a technology or licensing opportunity. |
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Patent Landscape Mapping |
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InnovarIP develops landscape studies that give you a comprehensive view of where you stand. These studies help identify the obstacles and opportunities that lie before you. Spreadsheets and databases may hold the raw numbers of business, but it’s often the charts and graphs that drive the decisions. Our analytics group will help you identify the most useful visualizations of your patent landscape information. The result is a detailed report that will identify technology trends, competitor portfolio strengths, focus and strategy, gaps in technology, patent citation analysis, etc. that will help in efficient planning and decision making for strategic R&D and enhance return on investment. |
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Patent Litigation & Licensing Assessments |
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Your ability to make intelligent business decisions depends on understanding the strength of your IP versus that of your competition. Our consultants will help you understand these relative strengths and recognize where licensing or litigation in one area may lead to ramifications in another. We can further help you to identify new opportunities, and to prioritize those opportunities worth pursuing. |
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Valuation Services – ipValueSM |
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A valuation of a company’s patent portfolio or of a specific group of patents is important in helping the company to determine the value of its portfolio in a licensing transaction or in the sale of the company. It is important for companies to understand the drivers of value within their portfolios and to understand the strengths and weaknesses of the portfolios. Regarding valuations, many business executives have been asking us: |
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How can our patent portfolio strength be evaluated? How much is it worth? |
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Which are our strong patents and what is their potential value? |
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Which patents are weak? Should weak patents be abandoned, to save us money? |
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What is the value of our patents outside our industry? |
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How can we convince others of the strength of our portfolio? |
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Can our other IP, such as trade-secrets, patent provisionals, and IP that is in our dockets, be valued? |
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It is important to take a wide view of IP, to ensure full value of the portfolio, including patents, trade-secrets, dockets, and know-how. We identify the value of the market opportunity, through a market-down or a product-up approach. We then apply the tools and techniques that we have developed, to measure patent strength and to risk-adjust the portfolio for the risks specific to the IP. We develop a financial model that will help to determine a range of value, based on different market scenarios and product scenarios. Our practice has: |
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Developed cost-based, income-based, and market-based financial models, to value the IP for specific markets |
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Developed an IP portfolio strength analysis, based upon well-known IP strength factors, as well as upon our own proprietary IP strength indicators |
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Developed methods for identifying the strongest patents to consider licensing |
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Developed an approach to find weak IP that could be abandoned |
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Developed a process for putting together the ipValueSM, including adding patents in process, trade secrets, enabled publications, and IP developed to invent around, invent on top of, or invent in the direction of, the financial transaction, to convince others of the value of the portfolio |
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The process to value IP can be done cost effectively. Additionally, we can train companies in the process, which will allow them to update the model and repeat these processes in the future, so that they can have an understanding of the value of their IP and their strongest and weakest patents. |
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Automated Alerts |
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Some information is most valuable when it is first published. InnovarIP offers email notifications for Public PAIR and Federal Circuit Court Opinions and Orders. Tell our team what information you need, and from that point on you’ll be among the first to know. |
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Brainstorming Sessions |
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Our team will facilitate brainstorming sessions to support your innovation process. This customizable offering may include services such as developing pre-session brainstorming materials for your inventors, continuous patentability analysis during the session and disclosure write up after the session. |
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IP Commercialization Services |
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Our consultants work with independent inventors and start-ups to help commercialize patents, through the sale or licensing of patents while generating revenue for the inventors and augmenting the IP portfolio of companies. If you have a patent or a mini-portfolio of patents that you would like to exploit and commercialize, our consultants will work with you and explore our extensive network to obtain a valuable revenue stream from your intellectual property. |
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In-House Services – Indian Companies |
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Indian corporations are poised for tremendous growth and innovation. These corporations require great support for management of their intellectual property and capital. Intellectual property is in its infancy in India and lack of talent and the absence of internal systems and processes can lead to market failure and financial losses. Besides our standard search, analytical, valuation and prosecution services, we support Indian corporates by developing and strengthening their in-house efforts and teams. |
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IP Audit Services:
Our consultants and experts will visit and learn of the products and / or services, identify and review IP that is generated in your business, assess whether IP has been protected and the status of protection, third-party collaborations and IP agreements with third-parties, review existing systems and processes for reporting or protecting IP, and prepare a report of our evaluation as to how intellectual property can be further exploited or protected in your business. |
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IP Awareness Programs:
IP Workshops for R&D: Our consultants and experts can conduct in-house seminars and workshops for R&D and Legal Cells to ensure that innovation generated internally is captured and protected adequately. Scientists and engineers will have the opportunity to understand fundamentals of intellectual property, how to identify inventions and report these systematically, and the significance of intellectual property.
Management Workshops: Our consultants and experts also conduct seminars and workshops for management members to help manage intellectual property and direct in-house teams to capture, protect, and exploit intellectual property and strategically bypass competition. Workshops for management are given to address the business and strategic impact of intellectual property on sales, how to obtain the right expertise to create true value, manage competition, manage expenditure on intellectual property to enhance returns and prevent strategic and financial losses due to mismanagement of intellectual property. |
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Internal IP Documentation, Reporting, Management and Disclosure Systems:
A lot of intellectual property or ideas are lost due to the absence of proper systems and processes in companies. Our consultants work with in-house teams to help implement systems to capture, exploit and leverage intellectual property. |
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