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In-House Tools & Methodology
Patent mining is the process of searching for meaningful trends, patterns,
and relationships among patent records contained in patent databases. Patent
mapping and patent analytics are ways of visualizing
patent mining results.
The patent mining cycle (see figure below) starts with a reference question
driven by a strategic business need. If the cycle is successful, patent mining
will produce an answer to the reference question that a manager can then use
to develop a course of action to solve the business need. The goal of patent
mining, therefore, is to produce targeted, actionable intelligence that can
be used by a company to respond to its own unique challenges and opportunities.
Patent Mining Cycle
The following steps are part of the Metrics Group patent mining cycle:
Step 1: Define the scope of the analysis and identify the patent
mining reference questions In this step, Metrics works with the client to determine the reference questions
that will drive the patent mining process. The reference questions are driven by the client's strategic business needs. Example #1 Strategic business need: Increase revenue from patent licensing operations Sample reference questions: Are there patents in my company’s portfolio that have novel uses that
are non-core to my company’s business focus? Are there any new players that are inappropriately using my company’s
technology? Example #2: Sample reference questions: Are there non-core parts of our R&D program we should drop? Are scientists in different divisions doing overlapping work? Step 2: Develop the reference data set - conduct the patent search and
the data cleanup In this step, Metrics conducts a patent search on U.S. and/or international
databases. Metrics either performs the search itself or contracts with specialty
patent searchers with subject matter expertise in the technology to be searched. The search process begins when the client fills out a Patent Search Intake
FormTM. The form asks questions that help define the technology to be searched
and establish the parameters of the search scope. After the search is conducted, Metrics cleans up the data to standardize company and inventor names in the set to be analyzed. Raw patent data is notoriously
“messy”, and this step helps insure that the patent maps and analytics
produced in Step 3 are as accurate as possible. Step 3: : Apply patent mining software to the reference data set Once the patent set is established, Metrics uses its three in-house patent
tools (see figure below) to analyze the data and produce maps, tables, charts,
and graphs. Citation Indicator Analytics™ (CIA) Database VantagePoint™ VxInsight® Step 4: Analyze the Patent Mining Results In this step, Metrics analyzes the results of Step 3 and writes explanatory
text that explains how the maps, tables, charts, and graphs answer the reference
questions established in Step 1. The following deliverables are produced as a result of Step 4: Presentation – Clients may request an on-site presentation that summarizes the Results Overview
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