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Why Do a Patent Search? – 11 Reasons Why


1.  A patent search avoids spending time and money on an invention that has already been invented.

2.  A patent search may help assess the patentability of an invention before investing in an expensive patent application process.

3.  A patent search helps determine if a company’s new product under development will infringe on any patents that are in force, avoiding an expensive patent infringement lawsuit. 

4.  A patent search may find opportunities to improve on existing technology “gaps.”

5.  A patent search may help discover information on competitors or aid in identifying potential partners.

6.  A patent search helps assess the novelty of an invention before the US Patent and Trademark Office examines the patent application. (A US patent application takes on average 2-3 years for the US Patent and Trademark Office to examine it.)

7.  A patent search may help invalidate a competitor’s patent or patents.

8.  A patent search may help determine the value or validity of a patent before purchasing, selling or licensing it.

9.  A patent search may reveal trends in certain technology areas.

10.  A patent search may uncover expired patents on inventions that are in then in the public domain and therefore can be used without paying anyone a royalty.

11.  A patent search may provide information to assess the strength of a company’s patent portfolio.

 

 

 

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