How do you find the highest quality patents reliably and efficiently? We share our methodology and have made the code and model available under a Creative Commons license. Here, we’ve identified five primary factors for consideration in patent ranking.
“Finding the Best Patents – Forward Citation Analysis Still Wins.” Oliver et. al. IPWatchdog (March 2016), available here.
We’ve identified five primary factors for consideration in patent ranking. In this article, we’ll analyze how independent claim count, claim 1 word count, and family size & international filings can help to eliminate less useful patents quickly and efficiently.
“High Value Patents: Does Family Size Matter When Looking for Better Patents?” Oliver et. al. IPWatchdog (March 2016), available here.
“We would like you to find the best patents in this pile of 50,000 candidates. Oh, and we need it done for $30K.” We hear requests like this so often we’ve built processes and tools to help us address them. Our team has over 60 years of experience developing, evaluating, monetizing, litigating, and licensing patents; we’d like to share some of our experience and methodology with you.
Let’s return to that pile of 50,000 patents – how can we find the highest quality patents reliably and efficiently?
In our two part blog post series at IP Watchdog, we document our efforts to develop and refine a patent ranking system based on our unique database tracking over $7B of patents that companies are trying to sell, or have sold.