Top 5 Ways to Grow your Patent Portfolio in 2024

Your patent portfolio can provide a competitive advantage, attract investors, and increase company valuation. The start of a new year is a perfect time to think about growing (or creating) a patent portfolio for your company.

Here are 5 ways to expand your patent portfolio in the coming year.

  1. Be sure you identify every invention created by your team.
  2. Track all patent filing deadlines so you don’t accidentally forfeit your patent rights.
  3. Implement a customized invention evaluation process based on your company goals.
  4. Protect your highest priority inventions that will add valuable patent assets to your patent portfolio.
  5. Teach all team members to identify inventions and encourage them to submit inventions to company leaders for evaluation.

Do you need help expanding your patent portfolio in 2024? Let’s talk. Email me at steve@stevesponseller.com or schedule a complimentary call with me at https://stevesponseller.com/call

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