| New innovation through research is becoming more | | | | possibility of improvement. It provides additional |
| and more expensive, mostly in case of | | | | insights, including trends in the IP activity over the |
| pharmaceutical industries. If after investing lots on | | | | time and who and what the technological progress |
| money and efforts, one cannot commercialize their | | | | had been made during a defined period of time. The |
| invention due to unforeseen problems with third | | | | geographical distribution information the patent |
| party patents, then it is a high loss. Thus to ease the | | | | families, will reveals market trends over a time |
| commercialization of new research innovations, most | | | | duration and results in forecasting future potential |
| innovative and research-driven companies have | | | | market. |
| started outsourcing patent landscaping studies for | | | | Patent landscape reports can be useful for the |
| their future research plans. | | | | business strategists, market analyst, scientists and |
| These innovative and research based companies are | | | | attorneys take key decisions in new product |
| increasingly doing themselves or outsourcing patent | | | | development, R&D planning and strategic |
| landscaping, prior to planning their future research | | | | development. Thus patent landscaping studies is vital |
| projects. A patent landscape reveals past and | | | | in today competitive market, to gain competency in |
| present activities of various top and small players in a | | | | the today's versatile market. |
| given broad-spectrum of technology. It includes the | | | | There are a lots of Knowledge Process Outsourcing |
| white space analysis, which results in identification of | | | | (KPO) Firms, who claims to provide high end patent |
| problematic and safest research areas. It can also | | | | services, especially patent landscaping. |
| give insight to new potential areas, where there is a | | | | |