Innovation harvesting
Capturing and protecting your new ideas
As organisations continue to grow and innovate, they often make significant investments into R&D with the aim to achieve equally significant returns as their innovations successfully enter the market.
An innovation harvesting exercise helps organisations ensure that new ideas arising from their R&D process are adequately captured and protected, supporting the organisation’s R&D investment and innovations. This requires the adoption of a staged process for identifying ideas worth protecting and the best means of doing this, whether through patent filing, trade secret, or tactical publication to prevent others from securing a patent.
This approach enables organisations to make informed decisions regarding which ideas to take forward in the process, helping them to build up their IP portfolio. As inventions progress through this process, confidence in potential patentability grows.
What are the benefits of innovation harvesting?
A robust and regular innovation harvesting process helps organisations effectively document and protect their innovations, ensuring that intellectual assets are fully leveraged. By conducting independent assessments of new ideas, S&W|ClearViewIP ensures a consistent and thorough record of innovations, minimising the impact on your precious resources and time. Partnering with S&W|ClearViewIP to conduct an Innovation Harvesting facilitates the growth of your patent portfolio, while reducing the burden on inventors and IP managers. Moreover, complete records of inventions foster cross-team awareness and stimulate further innovation.
When should you seek one?
Technological disruption: Industries undergoing significant technological changes
Market entry: Entering new markets
Digital transformation: Gaining a competitive advantage by protecting internal focussed R&D activities
IPO preparation: Supporting IPO preparation
Government incentives: Building up the right IP assets from your R&D efforts can generate real cash savings through R&D claims and patent box regimes
Fundraising support: Assisting with fundraising activities
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