Traditionally, Patent Information Systems are accessed at the time of drafting & filing a patent application, to find out if a patent is novel. Nowadays, it has become a major source of technological & competitive intelligence.
The single way of finding out if an invention is novel is to do a Prior art search. Prior art is simply any evidence that validates that your invention is known. It is not necessary that the Prior art exists physically or is commercially available. It is enough that someone, somewhere, at any time prior to your invention has set a priority date on his invention. Setting a priority date is as simple as a provisional description or complete specification of the invention that is similar to your invention.
Importance of Prior Art search:
- Researchers: It can be really beneficial for the researchers to conduct a prior art search before initiating a research project as it not only makes one aware of current developments, it allows one to base the next level of research on the analysis of the current R&D. It can also help find partners to do a collaborative research project.
- Product Companies: Doing a prior art search allows the product companies to know what their competitors are working on "under the hood" much before a product is officially launched in the market. That intelligence is indispensable and can bring in a competitive edge for the companies.
- Startups: For the Innovators, conducting a prior art search, ensures that they're able to successfully commercialise the invention. The invention, if patentable (with the patent application underway) also helps the innovators while raising funds as the investors value IP as asset really highly.
If you want to know more about Patent Information System join us for a Seminar on Use of freely available Patent Information Resources on 20th February 2020 at NASSCOM CoE Gurugram center. Details follow:
NASSCOM Center of Excellence – IoT & AI in cooperation with the European Business and Technology Centre (EBTC) and the European Patent Office (EPO) is organizing an Interactive Seminar on Use of Patent Information Resources. This seminar brings together Emerging Technologies based Startups & SMEs & Product companies to provide a deep understanding of the Patent information resources within the IP framework and consequently leveraging IP for commercial success. It will also include a case study using freely available patent information resources
What is covered:
- Technology commercialisation for Indian innovators & IP Management Strategy
- Patent information resources, overview and advantages of using it
- Procedures for filing patents inside & outside India
- Importance of prior art searches
- Fiscal & Non-fiscal government benefits for IP filing in India & Europe
- Case study using freely available patent information resources
Who should attend:
- Product Startups
- IT/ITes SMEs
- Research institutes & Innovation Centres
- Independent Researchers
- Industry Practitioners
- Other groups interested in filing patents in India & Europe