An overview of Patent Filings within AlphaSense
- What are Patent Filings?
- What Value does AlphaSense add to Patent Filings?
- How to Leverage Patent Filings
- FAQs
What are Patent Filings?
Patents are legal documents that grant exclusive rights to inventions, allowing the Patent Owners to prevent others from making, using, selling, or importing the invention without permission for a period of time. Patents typically protect inventions for 20 years after the initial Patent Application Filing Date.
Patents also provide clear details on inventions, including diagrams and images. These details provided in patents are useful in any given industry as they aid professionals in monitoring current innovation. Corporate and Financial professionals typically research patents to uncover the trends of innovation in markets over time - and now that’s even easier to accomplish via AlphaSense!
What Value does AlphaSense add to Patent Filings?
AlphaSense provides two critical value adds when it comes to searching across patents:
Ease of Searching
Patents have historically been difficult to search through and extract key insights from. With AlphaSense, Smart Synonyms cast the widest net possible and surface valuable patents in a new interface designed to surface insights quickly
- A unique, AlphaSense UI make reviewing patent filings easier and more intuitive than other tools
- A specific table of contents for quick navigation to relevant sections
- The ability to search for keywords in specific sections
- Filtering ability to relevant patents
- And the ability to export tables of information
Staying in the Know
Tracking newly published patents with email alerts and the AlphaSense mobile app allows you to get instant notifications on your device and inbox as soon as new patents are available
How to Leverage Patent Filings
In AlphaSense, you'll be able to:
- quickly find what patents are associated to specific companies for competitive and portfolio monitoring
- discover relevant patents and associated companies in a specific area of innovation or market interest
Patents are crucial for valuing companies during M&A transactions, IPOs, and investment advisory, as they indicate innovation potential and competitive advantage.
For example, in investment banking, evaluating a company's patent portfolio can significantly impact deal valuation by correlating patent strength and market exclusivity to stock price performance.
Patents can also be leveraged to drive strategic decisions, like identifying acquisition targets or partnership opportunities based on complementary patent portfolios, thus enhancing technological capabilities and market positioning.
A concrete example is a corporation assessing the patent portfolio of a potential acquisition target to ensure it aligns with its long-term innovation goals, thereby securing a competitive edge in the market.
Finally, identifying potential competitive threats and opportunities by monitoring the latest published patents and searching for thematic keyword hits over time helps businesses stay on top of potential future headwinds.
FAQs
What filters can be applied in searching patents?
- Via the sources menu, you can filter to find patents that have certain inventor names, assignee names, description keywords, etc. values
Can I navigate to specific sections of a patent?
- Yes - there is a “Jump To” feature that shows every applicable section of the patent that you can navigate to quickly.
Can I export any tables of data?
- Yes - Table Viewer and Extraction is available so you can quickly review tables of data, and sort them as well! This is especially useful for going through the legal events/proceedings associated to a patent where there can be 1000s of rows.
Can I access Original Patent and Images?
- Given a Patent PDF filing has been published to the relevant Patent Office, we will have an original Patent PDF available with original diagrams and Images. Click into the associated link in our Table of Contents or at the top of the document, and you’ll see the original Filing and images load before you.
Are there Field by Field Definitions?
- Yes! You can easily search through the Patent Filings Data Dictionary
How do I find the original reference to the Patent externally?
- At the top of the patent, you'll find the linked, original patent identified within the EPO’s espacenet reference of Global Patents.
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