| Commercialization Process |
Patent Process |
| I. Technology Analysis Process |
I. Patent Search |
- Starts with an analysis of the technology followed by the
development of a draft Technical Product Description
|
- Patent searches are done for prior art
- Provisional patents may be filed
|
| II. Market Opportunity Identification |
II. Patent Application |
- Market opportunity identification
- Competitive analysis
- Draft Business Case
- Final Technical Product Description
- Initial patent value determination is made
|
- Patent application is registered with the Patent and Trademark
offices of the US (and other countries) for value added features
- Patent Issued (or rejected)
|
| III. Market Actualization Planning |
III. Patent Profit Planning |
- Most effective method(s) for value realization/commercialization are
determined
|
- Develop licensing strategies and Patent Licensing Agreements
(PLAs)
|
| IV. Implementation |
IV. Patent Management |
- Commercialization and appoint of a Product Manager (or market
manager) to transition the technology into implementation and bring it
to market
|
- Associated patent(s) are then moved into Patent Management
|
