Vermont Patent Use Analysis Worksheet

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US-TC0715
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Description

This is a patent use analysis worksheet for determining the overall likelihood of a royalty owing on a patent.

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FAQ

Patent Landscape Analysis ? The Process: Search, review, and refine the subject matter. Data cleanup and normalization. Review data, create categories and populate. Create charts/tables and visualizations. Ongoing monitoring and analysis.

Conventionally, patent valuation can be performed using three main approaches ? market approach, income approach, and cost approach. In the income approach, the value of a patent will be the current value of cash flow or cost savings that it will provide.

A patent is an exclusive right granted for an invention. In other words, a patent is an exclusive right to a product or a process that generally provides a new way of doing something, or offers a new technical solution to a problem.

Patent searching tips Start by making a list of words that describe your idea (including synonyms) Record class/subclass of any related terms. Ask yourself: What does the invention do? ... Keep track of useful and non-useful patents (by patent number) to avoid duplication of efforts.

Patent analysis methodology Defining the topic and project scope, The patent search that leads to obtaining patent data, Data cleaning and normalization, Data analysis and visualization, Narrative and storytelling when drafting the report, and. Dissemination and distribution of the analysis.

Visualise the results of your statistical analysis by creating your patent map. There are many different kinds of patent maps for various purposes and users. You can use various graphs to show the results of your statistical analysis, for example simple bar or line charts, area graphs or bubble charts.

Patents may be searched using the following resources: Patent Public Search. Global Dossier. Patent Application Information Retrieval (PAIR) Public Search Facility. Patent and Trademark Resource Centers (PTRCs) Patent Official Gazette. Common Citation Document (CCD) Search International Patent Offices.

Perform a comprehensive patent search using keywords, phrases, inventor names etc. using Google's patent search option. You may also seek expert guidance from patent and trademark resource centers. You can also perform a prior art search within journal articles in your field.

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Vermont Patent Use Analysis Worksheet