Opinions expressed by Entrepreneur contributors are their very own.
Turning innovation into patents? It may be an uphill battle. I perceive the stakes. The method is not nearly one concept — it is about managing a pipeline of concepts coming out of your engineering workforce, R&D division and even exterior collaborators.
The hurdles are actual. Some concepts may not meet the edge for novelty. Others may face powerful patent examiners, resulting in pricey rejections. This leaves you dealing with vital choices: “Ought to we push ahead or shift assets elsewhere?” Entrepreneurs face powerful choices on a regular basis, so measuring the dangers is essential.
I’ve seen corporations pour tens of hundreds into applications that go nowhere — assets that might have protected stronger concepts or fueled different progress and improvement. But it surely would not need to be this manner. By leveraging insights like understanding your software’s chance of favorable remedy, you can also make smarter choices and keep away from wasted effort.
Over 25 years, I’ve labored with startups and established enterprises alike to navigate these challenges. I’ve seen what works and what would not. Right here, I am sharing my 5 efficient methods to enhance your odds of success.
Associated: How to Ensure High-Quality Patent Filings — 5 Key Steps for Portfolio Managers
5 keys to smoother, extra profitable patent prosecution
A shopper as soon as advised me, “We did not simply need patents — we wished patents that mattered.” That is the essence of a successful patent technique: securing protection for innovations that align with enterprise objectives and drive progress.
To attain this, I all the time emphasize to:
-
Give attention to concepts with a better chance of enterprise worth
-
Predict the place your software will land earlier than it’s filed
-
Tailor your techniques primarily based on examiner analytics
-
Observe your patent portfolio with real-time insights
-
Construct households of patents round key innovation
Let’s discover the best way to apply them.
1. Give attention to concepts with a better chance of enterprise worth
Step one to boosting your possibilities of securing a patent is figuring out concepts which might be actually price defending. Submitting too many purposes for half-baked ideas can drain your time and price range whereas filling your portfolio with concepts which will by no means maintain up or ship actual worth.
The answer? Begin by casting a large internet to collect concepts throughout the enterprise, then refine them strategically. Bring your team together — engineers, inventors, patent counsel and enterprise decision-makers — to guage every concept’s novelty, feasibility, patentability, market potential and match along with your general enterprise technique.
Use instruments designed for innovation administration to streamline this course of and collect suggestions. Collaborative options, like simultaneous concept modifying and suggestions monitoring, will help your workforce rapidly zero in on essentially the most promising improvements. By specializing in high-value concepts that align with strategic objectives, you will save time, reduce costs and guarantee your patent efforts drive actual enterprise worth.
Together with your greatest concepts in hand, the following step is to provide them the perfect probability of success — beginning with predicting the place your software may land within the patent workplace.
2. Predict the place your software will land earlier than it’s filed
On the patent workplace, the place your software lands could make or break your success. Purposes are assigned to completely different teams specializing in particular applied sciences. A few of these teams have excessive allowance charges, whereas others are recognized for an uphill battle. Give attention to the correct side that may get to the favorable choice makers to rapidly defend your innovation whereas saving price range.
What in the event you may predict your software’s vacation spot earlier than submitting? There are predictor instruments to research your software’s content material to anticipate its doubtless project. This perception helps you refine claims or tweak terminology and concentrate on avoiding getting caught in a black gap, finally decreasing delays, saving prices and bettering approval odds — very like the saying, “Understanding what lies forward is half the battle.“
Whereas these instruments are invaluable, keep in mind that no predictor ensures success. The following problem lies in making ready for a battle with the patent examiner assigned to your case.
Associated: 5 Benefits Patent Management Software Must Deliver
3. Tailor your techniques primarily based on examiner analytics
The assigned examiner can have a profound influence on its end result with no actual alternative to modify to a unique decision-maker. Some examiners — like Janice Mooneyham, with an allowance rate of near zero (i.e., 1.64% allowance rate) — are notoriously difficult and generally dubbed “patent killers.” Going through such examiners ceaselessly leads to repeated rejections, protracted examination and escalating prices, making the trail to a granted patent way more arduous, if not statistically not possible.
Nonetheless, with examiner analytics instruments, you may get a previous look into your examiner. These instruments reveal key insights, like allowance charges, common workplace actions and typical prosecution timelines. As an example, in case your examiner averages six rounds of arguments with a 20% success fee, you’ll be able to refine claims early or pivot to different stronger instances which might be extra prone to obtain the allowance.
Now, most examiners are cheap, however understanding when you have got a patent killer permits managing your complete portfolio with the angle of statistical perception. That is the place analytics develop into important.
4. Observe your patent portfolio with real-time insights
A portfolio of patents is troublesome to quantify rapidly. As soon as your software is submitted, monitoring updates from the patent workplace in your case turns into important. Whereas this step would not immediately guarantee a profitable patent, it helps handle prosecution strategically.
As an example, monitoring the precise versus predicted rounds of arguments in patent prosecution can reveal when a case is headed for extended prosecution. So, if a case is in its fourth spherical of arguments however was anticipated to resolve in two for the assigned examiner, it is a clear sign to recalibrate your technique. Figuring out the foundation trigger is vital — whether or not it is refining the claims, reevaluating your patent counsel or deciding to desert the appliance altogether. Taking well timed corrective motion can save vital time and assets.
Nonetheless, patents not often stand alone — they’re usually a part of international households clustered round an preliminary submitting.
5. Construct households of patents round key improvements
Patents not often stand alone. A single patent filing usually generates a household of patents — a number of purposes filed in numerous international locations capturing completely different elements of your innovation. Household tree insights aid you align these filings globally, turning particular person wins into broader successes.
For instance, if a U.S. patent is granted after particular declare amendments, you need to use that to information purposes in Europe or Asia, saving time and prices. Additionally, there could be persevering with purposes for various concepts from the preliminary submitting. I’ve seen corporations keep away from pricey mistakes by recognizing rejection patterns throughout jurisdictions and adjusting methods early.
With these instruments, you’ll be able to shut gaps, leverage successes and craft a constant, cost-effective international technique.
Associated: Weak Patent Management Could Lead to Disastrous Consequences for Your Business — Here’s How to Avoid Them
Play to win
Patent prosecution is not nearly getting by; it is about successful. It is about remodeling your greatest concepts into aggressive benefits that drive progress and defend your market.
Profitable takes greater than effort; it requires technique, precision and the correct instruments. Instruments present insights — predicting the place your software may land, understanding examiner habits and monitoring your portfolio in real-time.
However instruments alone aren’t sufficient. Success calls for:
-
Sensible technique: Prioritizing concepts and understanding when to pivot.
-
Group alignment: Uniting decision-makers, inventors and authorized groups.
-
Professional execution: Drafting hermetic claims and responding successfully.
With the correct instruments and successful mindset, you will make knowledgeable choices and safe high-impact patents.
Thomas Franklin