Market Relevance: Assess whether the technology or product covered by the patent is still relevant in the current market. Patents covering obsolete technologies may no longer provide strategic value. Technological Obsolescence: Determining contact number database whether the patented technology has been superseded by newer innovations, making it less valuable or unnecessary.
4.2. Assessment Methods Financial Analysis: Conduct a cost-benefit analysis to compare the costs of maintaining a patent against its potential revenue and strategic value. Patent Citation Analysis: Examining how often a patent is cited by other patents, which can indicate its importance and influence in the field. Market Trends: Analyze industry trends to determine the future feasibility and relevance of patented technology.
