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ADVERTISING FEATURE


THE IMPORTANCE OF PATENT INFORMATION FOR THE INNOVATION ECONOMY


Inventors and IP professionals need to search the knowledge base thoroughly. Software solutions such as PatBase can help speed and effi ciency, as Ann Chapman and Katy Wood explain.


documents represent a rich and oſt en unique source of


P legal,


information, and the World Intellectual Property Organization (WIPO) estimates that up to 70 percent of


the technical information found


within patent documents is not published anywhere else.


Although the legal protection aff orded by a patent is territorial, the information contained in a patent document is global, disclosing brand new technologies to any person or organisation around the world.


atent information plays an increasingly important role in global technological and economic development. Patent


business and technical


Since 1996 Minesoſt has been developing solutions to help corporations, IP law and patent attorney fi rms and information specialists capture this vital patent knowledge. While many national and regional patent offi ces provide free online tools for accessing their patent collections, Minesoſt


and other commercial providers


identifi ed the need for value-added subscription- based patent information services.


Such services can enhance the effi cacy and accuracy of patent


review, with the addition of


information retrieval and features such


as aggregated content, cross-lingual search capabilities and integrated analysis tools. Enabling the IP community to eff ectively search,


44 World Intellectual Property Review Annual 2014


review, analyse, and monitor patent information is crucial in driving innovation forward.


Challenges of global patent data T e sheer volume of patent information available today can be daunting when embarking upon a search. According to the WIPO Intellectual Property Indicators Report 2013 edition, IP fi ling activity is growing at levels exceeding those seen prior to the global fi nancial crisis of 2008, with patent fi lings increasing at their strongest rate in nearly two decades. T e number of patent grants issued worldwide in 2012 exceeded the one million mark for the fi rst time, with the US, Chinese and Japanese patent offi ces accounting for 80 percent of this global growth.


www.worldipreview.com


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