The patent mainly enhances the power of your company in the marketplace and stop your competitors from using your invention without your permission.Less obvious but equally important are the advantages that come up with product clearance also known as Freedom to Operate.FTO analysis incorporates recognizing and analyzing patents of others which might subject your organization to patent-infringement liability.
The FTO analysis done early in the stage of product development affords the company to change the design and minimize infringement.Despite an advantage, FTO analysis can also recognize the opportunities for patenting or future development.
The applications and patents recognized mainly depend on the search quality and the degree of relevance of every application or patent will be subjected to clarification.
There are some applications by others that are on the file but not published at search time, so they are not considered at the research part.As FTO study is expensive as well as time-consuming, so most of the organizations select where and when to do FTO study so as to reduce the risk and boost value.
If an organization has a restricted amount to spend for clearance, then, the product can be least ranked in value terms.The services or product needed an investment relevant to the company’s overall research and development budget such that Freedom to Operate outcome might be utilized to lessen down costs or enable time for designing any recognized patents.
The products which need less investment, FTO study is delayed ending of the product launch but in fact, need to be done before the release of the product.Check whether identical products have Flickered Litigation If your company is thinking of launching a product or service in the competitive market, then getting an FTO analysis done is ideal to identify the risk before the launch.Check competitive community for the product How large and how drenched in the market?