Patent in your portfolio should be monetized

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These patents may have significant value to other companies or industries even though they are inactive for you. Checklist for Patent Portfolio Audit: Is the technology covered by the patent still in use? Does the patent align with current business goals? Has the market for the patented technology declined or changed? Can the patent provide protection against competitors kiribati b2b leads This audit should help you divide your patent portfolio into two categories: core patents that directly support your business objectives and non-core patents that can be monetized or sold. Differentiating Core and Non-Core Patents Not every .


Your core patents - those that directly support your products and strategic goals - should be retained. However, non-core patents , which may be outdated or outside your core business scope, are perfect candidates for patent portfolio monetization . These non-core assets can be licensed, sold, or even used for cross-licensing opportunities. Core vs. Patents Key patents: Directly protect your key products or technologies. Non-core Patents: Outdated or not critical to your business strategy, yet valuable in other industries. Prioritizing Patents for Financing Once you have distinguished between core and non-core patents, the next step is to consider which patents have the highest monetization potential.