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THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP...

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THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Stembridge ncipal Patent Analyst, IP & Science
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Page 1: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

THE IMPORTANCE OF IPR ACROSS THE

LIFECYCLE OF INNOVATIONBob StembridgePrincipal Patent Analyst, IP & Science

Page 2: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

THOMSON REUTERS IP AND SCIENCE

Our solutions address critical customer needs across the Innovation Lifecycle

Connect the scientific community to

the worlds best scienceDrive more effective and innovative

R&DCommercialize and protect the

worlds most valuable inventions

Access the World’s Best Research

Collaborate & Author

Evaluate Performance

Understand R&D Technologies and Trends

Identify R&D Opportunities

Discover, develop and launch new drugs

Research and manage IP portfolios

Commercialize Intellectual Property

Protect Intellectual Property

WE HELP INSTITUTIONS AND RESEARCHERS TO....

WE HELP CORPORATIONS TO....

DISCOVER DEVELOP DELIVER

Scientific Life Sciences Intellectual Property

IP & Science

WE HELP IP PROFESSIONALS TO....

Page 3: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

INNOVATION IS EVERYWHERE

• Every product we use, medical treatment we receive and service we consume is the result of curious minds or agents of change striving to find a better way.

• Outside of the natural world, everything has been imagined, created and improved in a continuous, connected cycle of innovation.

• Innovators are dedicated to pursuing new ideas and finding answers – these answers are transforming our world at lightening speed:

– 90% of the world’s data has been generated in the last 2 years– 65% of today’s teenagers will hold jobs that don’t yet exist– China alone generated over 750,000 patent applications last year, up from 40,000 in

2003

Page 4: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

THE LIFECYCLE OF INNOVATION

Page 5: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

DISCOVER

To fuel discovery, organizations need the right insights to ensure they invest wisely in people and projects

Page 6: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

PROTECT

Without protection, an invention’s value will disappear, along with future funding. The threat is real – more than $1.7 trillion is spent on counterfeit goods each year

Page 7: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

COMMERCIALIZE

Driving maximum return on investment is essential to fuel future cycles of innovation. Commercialization unlocks the full value of ideas and brands

Page 8: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

IPR DECISIONS ACROSS THE INNOVATION LIFECYCLE

• Where to focus resources?• How can we improve researchdecision making?• How can we ensure we’re funding the best people, institutions and projects?

• How to brand new invention and ensure freedom to use globally?• How to identify and stop online counterfeiters?• How to better align our approach to IP protection with business strategy?

• What licensing strategy?• Which markets?• With whom should we partner?• How do we drive the most value from our IP assets?

Page 9: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

ANSWERS – UNDERSTANDING THE RESEARCH LANDSCAPE

• Where to focus resources?• How can we improve research decision making?• How can we ensure we’re funding the best institutions and projects?

Finding Talent-Data on the highest impact researchers and institutions-Identify external collaborationsHighly Cited Researchers list to find leading authors in specific research fields

Attracting the Funding-Establish metrics and benchmarks-Analysis of funding landscape-Grant application workflow

Professional services to develop metrics and benchmarksWeb of Science™ funding acknowledgmentsConveris™ for pre-award grant management

Scientific Landscape-Scholarly research information, search, tools and alerting

Web of Science to search across millions of publications

Alerts to see new papers

“Cited Reference Searching” to search more than 1 billion cited references

Page 10: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

ANSWERS – UNDERSTANDING WHAT AND HOW TO PROTECT INNOVATION

• How to brand new invention and ensure freedom to use globally?• How to identify and stop online counterfeiters?• How to better align our approach to IP protection with business strategy?

Competitor Activities-Track drug development pipelines, patent activity, clinical trials, and release datesCortellis™ Competitive IntelligenceCortellis Clinical Trials IntelligenceThomson Reuters IntegritySM for scientific context around pipelines

Brand protection- Research existing brands for freedom to use

SAEGIS™ for global brand research

Page 11: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

ANSWERS – UNDERSTANDING HOW TO MAXIMIZE COMMERCIAL VALUE

• What licensing strategy?• Which markets?• With whom should we partner?• How do we drive the most value from our IP assets?

Commercialising IP-Patent landscapes and searches-Patent citation analysis

Thomson Innovation® (powered by Derwent World Patents Index™)

Expert patent searching and analysis

Page 12: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

DECISION SUPPORT TOOLS: THOMSON INNOVATION

PREMIER IP RESEARCH & ANALYSIS SOLUTION

Patent Search: Access the most relevant and comprehensive, global IP data, including the Derwent World Patents Index®, Asia-Pacific patents and Scientific Literature.

Streamline your work with powerful productivity and collaboration tools.

Patent Analysis: Turn large volumes of data into actionable intelligence with interactive analysis and visualization tools.

Page 13: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

CONCLUSIONS

• IPR is central to the realisation of value from invention across the innovation lifecycle

• Discovery requires focused application of resources• Protection requires alignment of IP strategy with business objectives• Commercialisation requires informed decisions about markets, potential

licensing or collaboration partners• Information services and tools are critical support tools in deriving the right

answers to questions for best decision making• Analysis of scholarly scientific research can reveal where to focus research

efforts, identify research experts and funding sources• Analysis of patent information can help inform technology and market

opportunities, competitive landscape, potential licensing partners and more

Page 14: THE IMPORTANCE OF IPR ACROSS THE LIFECYCLE OF INNOVATION Bob Stembridge Principal Patent Analyst, IP & Science.

Thank You…twitter.com/@thomsonreuters

www.youtube.com/watch?v=ibfrzjb_fB0

http://ip-science.thomsonreuters.com/

E-mail: [email protected]


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