Key markets, such as the US, EU countries, and Japan, are often prioritized due to their high economic potential and strong IP enforcement. This approach maximizes the return on investment for each patent filed and prevents competitors from entering key regions. 4.3 Increasing Protection with Continuous Applications Follow-on applications can be used to expand the scope of a patent or add new claims as technology evolves.
Adapting to new developments or changing market conditions. The ongoing process also keeps competitors guessing, as the precise scope of protection can evolve even after the original patent is granted. By prioritizing all india whatsapp number list broad protection for key technologies, companies create a protective turf around their innovations, making it more costly and challenging for competitors to find loopholes.
This comprehensive approach not only increases the value of the patent portfolio but also strengthens the company's market position. 5. Standardize and Conquer Large companies know that consistency is critical when managing a sprawling patent portfolio. Implementing standardized procedures for patent prosecution and licensing helps streamline operations, reduce costs, and ensure that a company’s IP strategy is aligned with business goals across the board.
This allows companies to expand their patent coverage over time
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