Intellectual Property Benchmarking Survey: Current and Best Practices for Patent Processing
Katie Schneider | May 31, 2012
By M. Rashid Khan, Trevor Thompson, James R. Freedman and Anthony Venturino
M. Rashid Khan
James R. Freedman
Novak Druce + Quigg LLP
A brief patent management benchmarking survey was conducted among the member of Licensing Executive members at San Diego during the LES National Meeting in October 2011. The objective of the survey was to better understand the practices that are common in patent processing. The questions included the following areas: time to file (relying on internal and external counsel for drafting), filing strategy, time experienced to have a patent granted, practical feasibility testing, and diligence pursued related to business impact before a patent is pursued.
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