Leveraging Data Science to Capitalize on the Strategic Value of Intellectual Property
James H. Moeller - Moeller Ventures, LLC - https://www.moellerventures.com/
August 2, 2023
Executive Summary
The application of data science to intellectual property analysis has been the key to dramatically improving the speed and decreasing the difficulty in deriving meaningful business intelligence from IP data sets. In addition, data science methodologies continue to expand the depth of information that can be analyzed while also improving the relevancy and applicability of the results. Below are 11 ways that analytics and data science can be applied to capitalize on the strategic value of intellectual property. Many of these are exemplified in patent landscape analytics and business intelligence reports available via Alpha Data IQ.
- Identify IP Sector Competitors, Collaborators, and Partners
- Find Investors and Acquirers or Investments and Acquisitions
- Discover New Venture Capital Investments
- Assessing IP Sector Risk
- Freedom-to-Operate and White Space Research
- Determining the Competitive Nature of the Patenting Environment
- Developing Valuation Context on Patents and Portfolios
- Collateralize Patents for Business Financing
- Refining Internal R&D Processes to More Efficiently Develop Protectable IP
- Improving New Patent Application Filings
- Integrate IP Analyses with Additional Business Intelligence