Using Analytics as a Patent Annuity Decision Tool
02/08/17
Should we keep it or abandon it? It’s not always a simple decision. Hundreds to thousands of dollars per patent ride on each decision to keep, potentially equating to millions per year for moderate sized portfolios. Abandonment decisions can be even riskier with the cost of an incorrect abandonment being driven by the value of the underlying technology.
These recurring decisions can be complex but good patent analytics will allow these decisions to be done in a smart and relatively quick manner. This presentation discusses the best practices for the annuity payment decision process and how patent analytics can help assist annuity decision makers in making the best decisions.