| 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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