Good intellectual property is an extremely enviable asset for any business and yet despite its extremely high value relatively few businesses go forward with a focused strategy to develop it’s IP. To have value it must be defensible. This not only means strong patent protection for your technology but in addition it should be as possible possible for competitors to develop an alternative approach. The strongest solution to this is not only to patent your own chosen technology but create strong patent protection to alternative solutions.
We have significant experience in developing new IP and can work with you to help add value to your business. We will assimilate a team of carefully chosen people to form a think tank the majority of whom have proven experience of working together. The team will have a number of people chosen for their high level of lateral thinking together with broad spectrum of skills. This team will be augmented with specific expertise in any specialist discipline. The success of this team not only lies in the lateral minds of the individuals but in the broad knowledge of related disciplines.
These concepts are then explored and further developed, often in conjunction with potential suppliers. Developing different concepts simultaneously can lead to better solutions by the combining of ideas. These concepts are then reviewed in an iterative process by the think tank until the concepts have sufficiently matured.
Throughout the entire process it is essential to understand well existing patents. In addition to preventing waste of resources developing concepts which will infringe existing IP it can also be a useful source of ideas allowing the development of “work around” solutions.