Intellectual Property Development
Services from
New Synergy Group
Intellectual property development services from New Synergy Group are specifically geared for small and medium size enterprises where technical staff may not have the expertise or time to develop patent applications; in addition, there may be serious budget constraints to justify the expenses of entire cycle of developing and securing patents.
Your most creative and innovative technical staff members are also the most in demand; they are often too busy to document all their novel ideas. Sometimes they may discount their own innovations and ideas. Timely documentation is essential to develop intellectual property and file patents. Any delays in filing patents may result into someone else already filing competing patents ahead of you.
Developing, filing and securing patents consist of three major steps:
1. Perform creative and novel work and write basic technical documents capturing the idea. This requires serious commitment of time and effort of your creative technical staff to not only capture the ideas in technical documents, but also back up the work by building prototypes or proof of concept demonstrations. To make the matter worse, writing technical draft documents describing their innovations is usually not the cup of tea for most talented technical staff; so this technical documentation task suffers from procrastination and takes a back seat with respect to higher priority tasks.
2. Work with a patent attorney to convert the basic technical documents to a legal patent disclosure, who then files the patent disclosure with the US Patent & Trademarks Office (USPTO) or equivalent foreign authority for foreign patents. This step alone typically costs $10,000.
3. Prepare response to comments and feedback from the USPTO examiner which may come 2 to 3 years after filing the disclosure; often many or all claims in your patent disclosure may get rejected. It is now up to you to decide whether and how to develop your response, and re-file the revised patent disclosure with USPTO. Note that Steps 2 and 3 may need to be repeated multiple times, adding considerable additional expenses.
The entire sequence of Steps 1, 2 and 3 (and iterations between steps 2 and 3) is an expensive and time consuming process requiring $20,000 to $30,000 expenses for a patent, which is quite exorbitant for small or medium size enterprises. To make it even more daunting, there is a narrow window of opportunity; if a patent disclosure is not prepared and filed promptly after the innovation, you may completely miss the window of opportunity in spite of spending all that money, as someone else may have already filed a competing patent just few weeks or days or even a single day before your filing.
While your creative staff is spending its time and effort on steps 1, 2 and 3 above, your enterprise may incur significant opportunity costs. Your management would instead have your creative and innovative technical staff develop other new ideas rapidly or work on new products and services that have their own tight schedules and deadlines.
New Synergy Group has technology expertise in a number of areas, such as:
- Computer Science
- Software Engineering, Processes and Practices
- Information Technologies and Services
- Computer and microprocessor architectures
- Very Large Scale Integrated (VLSI) systems
- Digital Television and Digital Media
- Internet, Web Technologies and Applications
- Telecommunication
- Internet-based E-Commerce and Business Models
Dr. Satish Thatte, CEO of New Synergy Group, has been awarded 14 parents in his industry career, with several more pending. He has first-hand knowledge and experience of developing patents, comparing patents and performing patent technical analysis.
New Synergy Group offers professional services to assist you to cost-effectively develop intellectual property by working with your technical staff members as well as your patent attorney or patent agent:
- Work with technologists, engineers and scientists to elicit details of their inventions, help them see unusual or subtle aspects they may have overlooked, and help draft new invention disclosures. We will examine your current products, prototypes, ideas, designs, etc. to generate ideas for patent generation.
- Perform research, search patent databases, perform prior art search and perform technical analysis of prior art, and provide preliminary guidance regarding the patentability of inventions under review.
- Assist with activities related to the development and generation of patent applications. Work with your patent attorney or patent agent to strengthen your patent applications with claims that are as broad as possible.
- Work with your technical staff to prepare response to comments and feedback from the USPTO examiner. This often requires detailed technical analysis and comparison with the existing art cited by the USPTO examiner.
- Perform technical analysis and review of patents to assist your patent attorney and legal team in patent litigation defense.
- Offer consultative help to improve the intellectual property process.
- Help you reduce the cost of actual patent disclosure preparation, and also filing costs by working with low-cost alternatives.
Benefits of intellectual property development services:
- Generate valuable patent ideas that would have been overlooked or lost otherwise.
- Reduce the opportunity cost by off-loading your technical staff members from the tedium of patent writing so they can focus on innovation and new product development.
- Move rapidly and accelerate the patent development process in order to not miss the window of opportunity; otherwise, someone else may have already filed a competing patent ahead of you.
- Reduce
the cost of patent draft preparation and patent filing. It is our goal to reduce the typical start-to-end
cost of $25,000 per patent (as explained above) by at least a factor of 2,
saving you a very significant amount of money.
- Help increase the market valuation of your enterprise with a rich patent portfolio; gain very powerful competitive advantage (prevent or reduce competitive threats), and also get revenues from licensing your patents should you decide to do so.
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