James H. Moeller
(Approximate Read-Time: 15 minutes, Word Count: ~1600.)
Patent information can be a treasure trove of business intelligence. However, the challenges come in mining, organizing, and interpreting that information so that it can be transformed into actionable knowledge. In the circles of patent information analysis there are many techniques that can be used to extract intelligence. Some of the more common techniques include landscape studies, white-space examinations, market and technology research, valuation assessments, as well as freedom-to-operate and claims evaluations. However, for any business that has even a small patent portfolio, the foundation of all these techniques is the patent portfolio audit.