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To Develop a Patent Portfolio, Get Active

By Christopher M. Tobin and Lanny Vincent
August 01, 2003

You've conveyed the importance of developing a patent portfolio within your company, hired an IP manager, initiated an inventor incentive program, and budgeted for the costs of protecting your company's IP. Now, you are beginning to wonder where all the inventions are.

Advocating the strategic value of patents, finding the right management talent and putting the right incentives and budgets in place, are all necessary steps for developing a sound strategic patent program. However, these efforts will have limited value without robust streams of inventions feeding the future of the company's patent portfolio.

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