Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 27, 2016 erstellt
Description:
Cost management always remained the key concern for the patent managers. As per the best Technology Transfer offices, only 5% of the patents could get commercialized. Therefore there exists a need to strategize the filing in order to manage the cost of patent. In this paper, several aspects for minimizing the cost are suggested like nature of applicant, where to file first, which office to choose for patent filing, translation requirement, patentability of the invention in a specific country, number of pages, drawing and figures in the specification. Two cases studies are presented to provide the understanding on the expenditure on the patents. Strategies described in the article would help applicants, patent managers, analyst, and portfolio managers to manage the cost of patent