Competitive Intelligence - Getting Ahead of the Development Curve

Today companies are being forced to cope with risingmethod is a very important complement to research
litigation risk because the business environment isthat can be performed using a research platform.
simply more litigious. This increased litigiousness hasUsing the platform, you can see what companies are
produced a more rigorous due diligence requirementinvesting in which technologies, which can be very
that involves a greater focus on the way intelligence isgood technology investment indicators. It can point you
gathered and the processes associated with it. Part ofto materials that indicate which type of investments in
this rigorous protocol is to monitor the IP landscapefuture technologies are being made today.
generally and competitive targets specificallyAs the technology becomes well defined and is
(companies, products and technologies), before adeemed to be viable, you can rely on R&D Alliances
decision is made to pursue one or more candidates.and joint ventures such as open innovation networks
You can monitor technology in a variety of ways as itto understand the developmental progress. At this
is being developed. At the inception of a technology,point, the focus of your CI gathering should shift from
research platforms can provide only limited assistanceunderstanding the technology, to a complete
because patents aren't typically filed until aboutunderstanding of the company who is investing in its
halfway through the product lifecycle.development.
The lifecycle of the product usually begins with basicFinally, as the technology comes online and patents are
research and progresses through a developmentalfiled and granted, you can begin to understand with
stage until it is mature enough to patent. After thegreater clarity which of your CI targets represents the
technology is mature and protected, marketing plansbest investment and least risk. This is where your IP
begin to emerge as it is applied to products and finallybusiness intelligence platform i.e. patent software
introduced to the market.becomes critical.
Because results of patent analysis rely in part onYou need to be able to overlay the IP data with
patent data, there isn't a way to use it to thoroughlybusiness and legal data to give it a business context. It
evaluate the technology between inception and patentis important to know, for example, whether the new
prosecution. Innography can assist with evaluating thetechnology really is new and whether its patent is
company, along with its current product and patentsimilar to other patents held by litigious companies. In
portfolio during that phase. But much of the competitivesuch a case, they might already be aware of the
intelligence (CI) research must be performed in morepatent and are simply waiting for an acquisition or
conventional ways.licensing deal so that they can sue someone with
In the beginning, it can be monitored using resourcesmuch deeper pockets than the inventor.
such as research papers and grey literature. This