WHAT IS PATSNAP

Don’t let your next R&D project stink

Seeing into the future often requires a sixth sense. But what if we could anticipate what the air freshening and fragrance market might look like in 2021?

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4 strategies R&D leaders can use to justify a budget increase

Establishing a budget for R&D projects can be difficult because there are so many known and unknown factors to consider—such as, employees (talent pool), equipment, the market and competitive patents. According to Inc., many R&D projects exceed budgets with disastrous consequences, and measuring technical progress and completion of milestones is generally more important than measuring expenditures overtime.

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How to construct a patent search query: Finding the magic of Christmas

 It’s that time of year when the music gets infuriatingly repetitive, we drag a tree into our lounges, garish jumpers are de rigueur, photocopiers get cheeky and the kids all make unreasonable demands from a fictional* red-suited character.

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Do R&D professionals dream of electric cars?

John Jacob Astor IV speculated in his 1894 sci-fi novel, A Journey in Other Worlds, that the turn of the millennia would see electric cars as the norm:

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Managing your patent portfolio in spreadsheets is a bad idea

Although spreadsheets are convenient for monitoring a company’s finances or creating a mailing list, you may want to switch to something more efficient when it comes to managing a large patent portfolio. Even Microsoft has stated that using Excel as a general purpose business management tool isn’t a good idea. Multi-user access is challenging, the smallest input error can have massive consequences, it’s difficult to control access to data and integrating Excel with other applications can be a nightmare. 

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5 tried-and-true steps to increase the ROI of your patent portfolio

Intangible assets, such as patents, are essential to a company’s financial performance and CFOs are increasingly giving patents more importance on a company’s balance sheet.

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Overcoming the limitations of stage-gate in new product development (NPD)

The Stage-Gate process can be defined as a framework where large innovation programmes are divided into phases (stage). Each phase is preceded by a review session (gate), where ideas are assessed and deemed worthy of further development or not.  

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Imperial College professor outlines key considerations when outsourcing IP management

I had the pleasure of interviewing Ian Harvey, Chairman of the IP Centre Advisory Board of Tsinghua University x-lab and adjunct professor in intellectual property (IP) at Imperial College Business School. Ian has a wealth of experience in IP and and was the former CEO of BTG, where IP management was at the core of their business. IP matters were handled in-house however, in this interview, he tells us what to consider when outsourcing IP.

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The Profitable and Low-Risk Approach to Patent Portfolio Pruning

The very idea of a patent portfolio that needs pruning is offensive to some—isn’t it wasteful to grow something so large that you need to regularly shear huge chunks off it? Not necessarily. 

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Top 3 Tech M&As of 2017: Identifying Threats & Opportunities Using IP Data

Every M&A deal happens because a company wants something and it thinks that acquiring another company (or type of company) will lead to the desired outcome. This article will explain how the acquiring company can use intellectual property (IP) data to:

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