Close
Contact us
Close

15th November 2021

The Management of Patent Risk: Why proactive engagement costs less

Share this page:

Proactive approaches are key to patent risk management

Patents protect products, prices and profits. Experts know that patents owned outside their own organisation pose an existential threat to each of these. Patents can prevent the sale or importation of products and impose crippling royalties and damages. If you don’t own the right patents competitors will line up to steal your market share and the value of your intangible assets can dissipate into the ether.

81% of patent owners will deal with patent risk in the next two years, yet less than 50% have a framework in place to deal with these risks when they arise. With intangible assets making up 80% of enterprise value, why do we take such a reactive approach to patent risk?

Nigel Swycher, CEO and Francesca Levoir, Head of Marketing, authored a report titled The Management of Patent Risk: why proactive engagement costs less.

The report covers the following:

  • Key Findings from the patent risk survey
  • Recognising the common ground
    • Classification of patent risk
    • Mitigation of patent risk
    • Communication of patent risk
  • Suggested framework for patent risk
  • Prevention is better than cure

To access the full report, fill in the form below.

The abridged version of this article first appeared in IAM on 10 November 2021.

Find out more about how Cipher can help with Risk Mitigation or get in touch directly.

Access ‘Management of Patent Risk’ Report

download

PATENT RISK MANAGEMENT

Discover how you can mitigate patent risk

  • What are patent professionals doing to manage patent risk?
  • How can you take a proactive approach?
  • What risk mitigation strategies can you adopt?

Risk Mitigation Report

Insights & Events

Centre for Intellectual Property Forum 2021

We’re excited to be involved in this year’s CIP Forum as we come together to continue the development of a knowledge economy.
Read more

Management of Patent Risk

See how patent owning organisations such as ARM, Infineon and Facebook deal with patent risk and why patent risk management is crucial to protecting your organisation’s greatest asset.
Read more

Patent Risk Management Webinar

How can a structured approach to the management of patent risk drastically improve communication within your organisation and mitigate potentially catastrophic risks? Find out by registering for our webinar.
Read more

Patent Innovations

ESG investing—a strategy that involves weighing the environmental, social, and good governance impacts of investments when making key business decisions. We look through a patent lens at sustainable technologies of the future.
Read more

IPBC Global

We’re returning to this year’s IPBC Global Conference in November 2021 where we’ll be talking about using ROI metrics to value patent assets.
Read more

Biodegradable Alternatives to Plastics

Some 8 billion metric tons of plastic has been produced over the past 50 years. How is technology positively influencing the next 50 years and providing a more sustainable solution?
Read more

With Cipher you can…

Portfolio Optimisation connecting cogs

Optimise your portfolio

Ensure you have the right portfolio to meet your strategic patenting objectives.

Read more
Competitive Intelligence

Gather competitor intelligence

Understand who’s doing what by automating patent to technology mapping.

Read more
Cross Licensing

Model cross licensing

Combine patent and revenue data to determine rational licensing outcomes.

Read more

Manage your budget

Justify patent budgets to CFOs and communicate the impact of your investment.

Read more

Conduct due diligence

Automate manual reviews for efficient execution of M&A and licensing transactions.

Read more

Tackle inbound patent assertion

Be prepared with evidence to create a fast and effective threat assessment.

Read more

Benchmark your portfolio

Assess your portfolio in comparison to other owners through your technology lens.

Read more

Monetise your portfolio

Identify opportunities to create value through licensing or sale of patent assets.

Read more
Technology Trends icon

Predict technology trends

Track today’s new technologies and discover the unknown owners of future disruptive innovation.

Read more

Improve your patent strategy now

Speak to the Cipher team today.