Cost Management Strategies for Filing, Prosecution and Maintenance of Patents

18 Pages Posted: 28 Sep 2016 Last revised: 25 Oct 2016

See all articles by Yogesh Dhoble

Yogesh Dhoble

Council of Scientific & Industrial Research (CSIR)

Date Written: September 27, 2016

Abstract

Cost management always remained the key concern for the patent managers. As per the best Technology Transfer offices, only 5% of the patents could get commercialized. Therefore there exists a need to strategize the filing in order to manage the cost of patent. In this paper, several aspects for minimizing the cost are suggested like nature of applicant, where to file first, which office to choose for patent filing, translation requirement, patentability of the invention in a specific country, number of pages, drawing and figures in the specification. Two cases studies are presented to provide the understanding on the expenditure on the patents. Strategies described in the article would help applicants, patent managers, analyst, and portfolio managers to manage the cost of patent.

Keywords: patent, examination, cost, filing, strategies, analyst, applicant

Suggested Citation

Dhoble, Yogesh, Cost Management Strategies for Filing, Prosecution and Maintenance of Patents (September 27, 2016). Available at SSRN: https://ssrn.com/abstract=2844093 or http://dx.doi.org/10.2139/ssrn.2844093

Yogesh Dhoble (Contact Author)

Council of Scientific & Industrial Research (CSIR) ( email )

110001
India

HOME PAGE: http://www.csir.res.in

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