ADVERTISING FEATURE Figure 2: PatBase legal status timeline “IT IS ONLY
THROUGH THE USE OF INCREASINGLY SOPHISTICATED PATENT REVIEW, ANALYSIS AND MONITORING TOOLS THAT THE INFORMATION CAN BE TURNED INTO ACTIONABLE KNOWLEDGE.”
Developing ways that enable patent information users to extract and share better insights from patent data plays a vital role in an innovation economy.
EPO, UK, German and Canadian patent registers and on the International Patent Documentation Center (Inpadoc) patent family and legal status service, carefully checking details of each patent application or patent family record every week.
Services such as PatentTracker allow organisations to keep a broad international watch on any patents of interest, follow a patent application’s progress through the grant procedure, and track third-party patents to assess risks posed to their business.
Legal status is an element of patent information that is playing an increasingly important role. As patent sales and licensing deals and patent infringement cases regularly dominate world news, the need for accurate and interpretable legal status data is more important than ever, although the data itself is very complex. Legal status has long been problematic for patent database providers, with sparse data availability and collection creating a barrier to providing up-to-date information, and diff erent patent laws in virtually every country making it challenging to create a homogenous product.
In an eff ort to simplify legal status information for users, sophisticated legal status tools were introduced to PatBase in early 2014, including a timeline that provides a fully interactive graphical display of legal events occurring over the current lifetime of a patent (see Figure 2). Patent information providers continue to work on developing ways to make legal status information more accessible to searchers, but ultimately they can only work with the information made available from the various patent offi ces.
46
Ann Chapman c o-founded Minesoft in 1996 with husband Ophir Daniel, a software specialist. She has specialised in patent information for many years, joining Derwent’s patent division (now part of Thomson Reuters) after graduating, and later running Northern Europe as board director for Questel-Orbit. Minesoft won the Queen’s Award in 2009 for outstanding growth in international trade.
World Intellectual Property Review Annual 2014
Katy Wood is global marketing manager at Minesoft with more than six years of experience in the IP industry specialising in patent information. Her roles at Minesoft have included product development, sales and marketing.
Searching the vast quantities of patent
information from around the world is just the fi rst step in exploiting its potential as a vital business, legal and technical resource. Commercial providers such as Minesoſt capture and add value to global patent information, but it is only through the use of increasingly sophisticated patent review, analysis and monitoring tools that the information can be turned into actionable knowledge.
For more information, visit www.minesoſt .com, email info@minesoſt .com or telephone +44(0)208 404 0651.
Ann Chapman is the co-founder of Minesoſt . She can be contacted at: ann@minesoſt .com
Katy Wood is global marketing manager at Minesoſt . She can be contacted at: katy@minesoſt .com
www.worldipreview.com
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