Based on historical data can help you stay on top of disruptive technologies. 7.2 Best Practices for Effective Patent Monitoring Define Clear Monitoring Goals Before setting up a patent monitoring system, it is essential to define clear objectives. Are you monitoring patents to track competitor innovations, to protect your freedom to operate (FTO), or to spot emerging trends? Setting goals helps tailor your monitoring approach.
Example: If your goal is to track competitors, focus on monitoring patents from key competitors in specific markets. If you are looking for white space opportunities, prioritize broad technology sectors. Use Specialized Tools for australia whatsapp number list Automation Invest in AI-powered patent monitoring tools to automate processes, filter results, and provide real-time alerts.
These tools can streamline the process by identifying relevant patents and categorizing them based on the company’s needs. Tip: Set up automated alerts for specific keywords, competitors, or technology areas to ensure you’re notified as soon as new patents are filed. c. Regularly Review and Update Monitoring Parameters As businesses evolve, so will their intellectual property strategies. Regularly review and update your monitoring parameters to ensure you are focusing on the most relevant areas.
AI-based systems that predict future patent filings
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