The world’s top intellectual property value creators of 2015 were named in IAM Strategy 300: The World’s Leading IP Strategists. The IAM Strategy 300 lists individuals that possess world class skills in the development and roll-out of strategies that maximize the value of patent, copyright, trademark and other intellectual property rights. IP Checkups’ Founders, Irving and Matthew Rappaport, were named for the 6th year in a row. The IAM Strategy 300 is available at www.IAM-media.com/strategy300.
Recently, Entrepreneur.com published a short article on how to conduct a patent search. The author presented two options for inventors and innovators to “make sure your brilliant invention doesn’t already exist”. In the industry, this is called a patentability search. Protecting your unique and potentially lucrative idea from copycats and imitations that will cheapen the value of your invention is important, but it is also critical to do your due diligence and confirm that you are not replicating someone else’s unique invention and needlessly spending money on patenting.
The two options featured in the Entrepreneur article include hiring a patent attorney or independently conducting your own patent search. Choosing to hire a patent attorney will save you time and provide you with a valuable legal perspective. However, patent attorneys typically perform a search or outsource searches to a specialized patent search firm after reviewing the invention disclosure and drafting a set of claims. This results in the identification of prior art that is narrowly related to the specific claim language crafted by the attorney. Thus, inventors are not empowered to think broadly beyond the scope of their initial invention which results in less valuable patents because it leaves unclaimed subject matter on the table.
Furthermore, many patent attorneys recommend performing no prior art search whatsoever. This approach harkens back to a time when patent applications were available in paper format accessible only at the USPTO or by mail. Without a prior art search, there is nothing to look at to frame a claim set (other than the invention) which often leads to very broadly filed claims. Attorneys will suggest that no matter what claims are filed, the patent examiner will narrow them; this “old-school” approach usually results in:
- less valuable patents because if the broad claims happen to grant they can be relatively easy to invalidate
- higher costs to the patentee because additional office actions (communications between the patent office and the attorney) are necessary to narrow the broadly filed claims
- a larger file history with additional arguments and counter-arguments to narrow the broad claims that may come back to haunt an applicant in the case of future litigation
For those with more limited funds, Entrepreneur suggests conducting patent searches independently. The benefit of conducting the search by yourself is that it’s quite inexpensive and more aligned with the inventor’s goals in mind. There are numerous resources available – even a step by step infographic describing the process. However, with data scattered across various sources, it is tricky and time consuming to conduct effective patent searches without missing anything. Furthermore, it is difficult for an inventor to construe the potential value of the patent or the potential coverage that granted patent claims might support in light of the prior art.
If you are an entrepreneur, inventor, or an innovation manager, we have a secret to share with you: There is a third option. Use a professional patent search firm. A patent search firm with knowledgeable technical experts familiar with the legal process will conduct thorough, objective patent searches before the drafting of a set of claims. This more comprehensive approach, often referred to as a patent landscape search, will uncover new areas to which the invention could be applied. This will in turn enable the inventor to broaden the disclosure and the claims to cover a greater breadth of products and product features while ensuring the claims are still patentable. This enhanced search will also allow for easier Track One prosecution (fast tracking the patent’s examination) because of the breadth of the prior art that can be submitted to the examiner. The identification of additional key prior combined with a technical assessment of what you can arguably protect in light of the prior art will result in more valuable and less expensive patents.
Enter IP Checkups, a boutique patent analytics firm specializing in patent searching, strategy and competitive patent landscape analysis. IP Checkups offers traditional patent and non-patent literature searches including in-depth validity, prior art, freedom-to-operate (FTO), evidence of use, patentability, and patent landscape searches. Our team of highly trained technical experts have an average of 20 years in their respective fields in chemistry, physics, pharmaceuticals, biological sciences, electrical and mechanical engineering, among others as well as business and legal knowledge to assist you in getting valuable patents. Our experts apply a combination of Boolean keyword strategies, patent class code searches, and use cutting text analytic and visualization tools to provide you with comprehensive yet targeted results.
Professional searching is both a science and an art, which often is not well understood by patent lawyers or inventors trying self-searching. Hiring a professional patent search firm such as IP Checkups will provide you with objective and valuable insights at an affordable price. IP Checkups has earned its reputation by retaining quality patent search experts who perform accurate and reliable research while delivering digestible and actionable results.
Join IP Checkups at the NAATBatt 2015 Annual Meeting & Conference: Energy Storage – Electrifying the Future
BERKELEY, CA (December 19, 2014) – Join IP Checkups at the NAATBatt 2015 Annual Meeting & Conference – a “must attend” premier business development event for professionals in the electrochemical energy storage supply chain industry. The NAATBatt Annual Meeting & Conference is the place to understand where the business of electrochemical energy storage is going and where the best commercial opportunities in the industry will be.
This year’s program will examine the latest developments in electrochemical energy storage technology, manufacturing, and applications, and continue its focus on the battery industry and capital markets. Matt Rappaport, IP Checkups’ President, will present an innovative model to identify and capitalize on new revenue opportunities in energy storage technology.
During the Annual Meeting & Conference, attendees will:
- Discuss merger and acquisition activity in the advanced battery and energy materials
- Hear about near term developments in materials that will be making lithium-ion batteries more capable and will open new market opportunities for other types of batteries and ultracapacitors
- Hear about new applications enabled by emerging thin-film batteries that will create new business for battery and advanced materials makers
- Learn about new interests in the Department of Energy and Department of Defense that could drive commercial opportunity in the future
The Annual Meeting & Conference will be held at the Wigwam hotel in Phoenix, AZ on February 16-19, 2015. To register for this conference or find out more, visit the NAATBatt event page .
BERKELEY, CA (November 18, 2014) – For the past 30 years, Panasonic has dominated the graphite anode patent landscape. Traditionally, LG Chem and Samsung have been among the top five graphite anode patent filers but have trailed behind Panasonic; however, within the past five years, these two competitors outpaced Panasonic’s graphite anode patent application activity.
As advanced battery innovations are expected to accelerate, how will you keep up with new patents and technologies?
IP Checkups, a boutique patent analytics firm, is pleased to announce the launch of its advanced battery custom reports and patent alerts. IP Checkups’ expert analysts have developed four custom patent solutions based on data from Advanced Battery & Capacitor PatentEdge™ that make it easy to:
- Keep track of new entrants and new innovations
- Closely monitor specific competitors and track new battery developments
- Follow new technologies filed by top battery companies
- Stay current with the latest technical innovations in batteries
IP Checkups has tracked more than 50 new entrants that have recently filed patent applications in graphite anodes. Find out who else is innovating in graphite anodes by downloading our free sample reports.
IP Checkups’ expert analysts have developed four custom patent solutions based on data from ABC PatentEdge™.
- Top Companies Report
- New Entrants Report
- Competitor Innovation Report
- Patent Alerts
Designed to make identifying and analyzing battery industry trends a breeze, IP Checkups’ custom reports combine qualitative analysis with quantitative analytics to help quickly assess the competitive patent landscape. Keeping track of new entrants, monitoring competitor activity, and keeping up with technical innovations is now easier than ever. IP Checkups’ advanced batteries custom reports and alerts showcase the following:
- Patent ownership, key inventors, and patent filing rates
- New developments in advanced battery technology
- The size of the market and who owns what share
- Which markets have a high potential for growth
- Both established players and emerging entities in your battery industry sector and where they have focused their recent innovation
- The depth of your competitors’ battery patent portfolio
- Technological innovation and broad market trends for strategic planning, business development, and efficient R&D targeting
IP Checkups’ patent alerts are sent weekly so recipients have the latest battery innovations and know when competitors are on the move. Custom reports are updated on a quarterly basis and provide you with a quick and easy way to gain insight into high-level competitive intelligence issues related to patent ownership, patent filing activity, and competitive positioning.
Curious to see what these reports look like? You’re in luck! Sample reports are available for free download. Find out more information at http://www.abcpatentedge.com or email us at firstname.lastname@example.org.
Press Release: In Wake of Case IV Thicket, IP Checkups Announces Plans to Crowdsource Public Non-Practicing Entity (NPE) Tracker
BERKELEY, Calif., December 03, 2012 – IP Checkups, a boutique patent analytics firm, launched Case IV Thicket last month, an Indiegogo crowdfunded project designed to expose Intellectual Ventures’ hidden patent portfolio and make it freely available to the public. Funding for the project closed last week at $13,580 – short of the $80,000 fundraising goal.
Despite this setback, Case IV Thicket has received an immense outpouring of support from IP stakeholders, academics, and media outlets alike (see articles in the WSJ, VentureBeat, and CNET). Because of this public support, IP Checkups has decided to proceed with a modified version of the Case IV Thicket project.
“After listening to feedback from our crowdfunding efforts, we have decided to extend Case IV Thicket to track non-practicing entities in all forms. This includes patent assertion entities like Intellectual Ventures and Acacia, defensive patent aggregators like RPX, and research institutions like WARF and CSIRO,” said Matt Rappaport, founder and CEO of IP Checkups. “This online compendium of NPE patent holdings, called the NPE Tracker, will help stimulate a more efficient and transparent patent marketplace.”
“Though we did not reach our funding targets, members of the patent community have offered free research services to further our investigation into non practicing entities,” said Lily Li, director of marketing and business development at IP Checkups. “As a result, we can complete this project through engaging our own network of patent professionals, and by crowdsourcing business intelligence from the public.”
A beta version of the NPE tracker will be available online by the end of January and will feature the initial stages of IP Checkups’ research. The general public can contact IP Checkups at info(at)ipcheckups(dot)com, subject “NPE Tracker,” for updates on the project and ways to get involved.
About IP Checkups:
IP Checkups was founded in 2004 as a boutique patent analytics firm. The company offers custom patent portfolio and technology analysis to corporate clients, investors, research institutions, and universities. IP Checkups PatentCAM™ subscriptions combine custom intellectual asset management and patent search services with powerful web-based software solutions enabling companies to identify, analyze, manage, monitor and update patent information relevant to their technology and markets.