Whether the invention is truly new and non-obvious.
How broad or narrow the patent protection is
Whether the patent is active, expired, or abandoned.
Identifying existing technologies or publications that may affect the patent’s validity.
Relevance to the market, industry trends, and competitive landscape.
Whether using or commercializing the invention may infringe on other patents.
The assessment is usually done by IP professionals using a combination of patent databases, legal analysis, technical review, and market research.
Benefits of patent assessment include risk reduction in R and D and investments, better IP portfolio management, stronger patent drafting and prosecution strategies, enhanced licensing and monetization opportunities, and improved readiness for enforcement or defense in legal disputes.
© 2025 Lex Vantage – All Rights Reserved