Patent Portfolio Management

LPO realizes that effective patent portfolio management is crucial for business success. It helps the client in Identifying Strategic Patents and Patents for Abandonment Consideration. It also helps clients recognize Patents that present Licensing Opportunities and Critical Patents.

The management of intellectual property has become a critical competitive arena in global commerce. Without thoughtful planning and a useful knowledge base to support the making of informed decisions, enterprises often spend too much and receive too little for their intellectual property investment.

LPO Patents can provide many benefits. The principle benefit is the competitive advantage in the marketplace from prohibiting competitors from making, using or selling an invention. Competitive advantage also may derive from leveraging patents for license revenue or obtaining rights in other technologies that may combine with home technologies for a cumulatively superior technology.

The LPO Patents can shield against litigation and burnish a company's image as an innovator or industry leader. Accordingly, every research and development oriented business should develop a strategy that addresses, patent development and procurement, patent enforcement, and patent valuation.