Building a patent portfolio involves several strategic steps:
Identify Core Innovations: Focus on the key technologies that differentiate your product or service. These will form the cornerstone of your portfolio. Conduct a Patent Search: Before filing, ensure your innovation is unique. Conduct thorough patent searches to avoid infringement issues. File Patents Strategically: Prioritize filing patents that have the highest potential impact on your business. Consider both domestic and international filings based on your market strategy. Regularly Review and Update: Continuously evaluate your portfolio to identify gaps and opportunities for new filings. Ensure maintenance fees are paid to keep patents in force.