Patent process outsourcing in India: emerging trends

Legal Process Outsourcing (LPO), a strong sector within the Knowledge Process Outsourcing (KPO) space, is attracting international law firms that are outsourcing legal work to India. Within the LPO industry, it is patent outsourcing, which is catching up faster than all other LPO jobs. While major US companies are trading up to $ 15,000 to prepare and file a patent application, Indian-based companies do the same work for $ 2,500 to $ 3,500 in India. This allows companies to file additional patents within the same budgets.

India’s participation in the outsourcing market has been exceptional in the last decade. Both foreign clients and Indian entrepreneurs are constantly looking for new areas to provide professional and business support at reasonable costs with quick response. India’s share of the patent-related market is still in its infancy. In my opinion, it will take off soon, especially since India has many lawyers and even more people in the branches of science and engineering. A marriage between them will surely support the patent market.

Patent outsourcing includes literature searches, state-of-the-art searches, technology and patentability assessment, infringement, FTO, ideation, intellectual property valuation, patent proof reading, patent claim mapping, writing responses to Objections by US Examiners, Trademark Application Preparation / Filing / Processing, Infringement Studies, Other IP Litigation, IP Asset Management, Mining and Patent Administration.

Over the past few years dozens of outsourcing services have sprung up in India and most of them are doing good business. These companies offer a variety of patent-related research.

Technology changes rapidly and it is often difficult to keep track of all the swirling trends on the internet, all the ideas sprouting up in academia, and the range of innovations you and your competitors are working on. Outsourcing companies provide a sophisticated service for tracking technology trends, juxtaposing academic research, market data, and information on patent applications from around the world. Regards, with one exception it will help you build your technology roadmap and identify innovation partners around the world, along with other IP services. The IP Landscape Reports are a detailed “as is” analysis of an existing technology. These reports cover a broad picture of research and development areas, such as an entire product category, that are critical to customers. These reports are based on the analysis of several hundred or even thousands of patents and other unstructured information.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *