{"id":14842,"date":"2021-04-15T06:00:55","date_gmt":"2021-04-15T06:00:55","guid":{"rendered":"https:\/\/sagaciousresearch.com\/blog\/?p=14842"},"modified":"2023-04-03T05:04:06","modified_gmt":"2023-04-03T05:04:06","slug":"how-strategically-build-patent-portolio-priority-inventions","status":"publish","type":"post","link":"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions","title":{"rendered":"How to Strategically Build Patent Portfolio Based on Priority of Inventions"},"content":{"rendered":"\n<p>How to Strategically Build Patent Portfolio Based on Priority of Inventions: The COVID-19 pandemic has <a href=\"https:\/\/www.wsj.com\/articles\/covid-19-pandemic-ravages-worlds-largest-developing-economies-11599171833\" rel=\"nofollow\">debilitated<\/a> economies across the world, prompting companies to optimize their resources and limit expenditure to stay afloat. The scenario in the intellectual property (IP) sector has not been different. The economic pressure has <a href=\"https:\/\/www.mondaq.com\/india\/patent\/959672\/filing-patent-applications-in-the-time-of-pandemic-importance-of-provisional-applications\" rel=\"nofollow\">compelled<\/a> IP-centric businesses to reduce their patent filing and patent prosecution cost. While it is necessary to do so, the process should be carried out effectively. This article talks about prioritizing inventions as an effective approach to strategically build a patent portfolio.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e372720cc48\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e372720cc48\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#What_is_a_Patent_Portfolio\" >What is a Patent Portfolio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#The_Need_for_Prioritizing_Inventions_to_Build_Patent_Portfolio_Strategically\" >The Need for Prioritizing Inventions to Build Patent Portfolio Strategically<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#How_to_Prioritize_Patents_%E2%80%93_Parameters_Defined\" >How to Prioritize Patents &#8211; Parameters Defined<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#Identifying_Priority_Level_of_Inventions\" >Identifying Priority Level of Inventions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#Portfolio_Building_Strategies_as_per_Priority_of_Patents\" >Portfolio Building Strategies as per Priority of Patents<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#Cost_Advantage_The_Benefit_of_Prioritizing_Inventions_and_Using_Hybrid_Model\" >Cost Advantage: The Benefit of Prioritizing Inventions and Using Hybrid Model<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#How_to_Select_the_Right_Strategic_Partner\" >How to Select the Right Strategic Partner<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#Conclusion\" >Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/sagaciousresearch.com\/blog\/how-strategically-build-patent-portolio-priority-inventions\/#Having_Queries_Contact_Us_Now\" >Having Queries? Contact Us Now!<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Patent_Portfolio\"><\/span>What is a Patent Portfolio?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A patent portfolio is a collection of patents. It holds value for the company&#8217;s present and future business. Therefore, small-scale and large firms invest a significant amount of money to protect the results of their research and development activities in the form of&nbsp;patents.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Need_for_Prioritizing_Inventions_to_Build_Patent_Portfolio_Strategically\"><\/span>The Need for Prioritizing Inventions to Build Patent Portfolio Strategically<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To reduce patent building and prosecution costs, companies might turn towards reducing patent filings. However, they must realize that such an approach can negatively impact the competitive edge of their products in future. Therefore, there is a need for the companies to identify the priority of each invention or patent and then focus on building a patent portfolio. This will reduce the cost of patent preparation and prosecution, and help businesses make strategic decisions regarding portfolio building.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Prioritize_Patents_%E2%80%93_Parameters_Defined\"><\/span>How to Prioritize Patents &#8211; Parameters Defined<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>All inventions are not created equal &#8211; the purpose of the patent associated with each invention is different. Therefore, the approach of prioritizing inventions focuses on building a hierarchy to effectively allocate resources to build a patent portfolio. The inventions are prioritized based on two main factors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Business Impact:<\/strong> The business impact of an invention is assessed on the parameters such as technology, differentiating feature, and consumable\/recurring revenue.<\/li>\n\n\n\n<li><strong>Degree of Novelty: <\/strong>Being another important parameter to assess the priority of an invention, <strong>the degree of novelty is crucial for filing and getting a grant of a patent.<\/strong><strong><\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Identifying_Priority_Level_of_Inventions\"><\/span>Identifying Priority Level of Inventions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Using the above-mentioned parameters, businesses can segregate and identify the priority level of each invention, which can then be put under four categories:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>High-Priority Inventions:<\/strong> These inventions are the ones that have <strong>a high business impact, as well as broad novelty<\/strong><strong>. <\/strong>It allows the applicant to have a broad claim scope.<br><br><\/li>\n\n\n\n<li><strong>Mid-High Priority Inventions: <\/strong>The inventions which have a low degree of novelty but a high business impact are categorized into mid-high priority invention.<br><br><\/li>\n\n\n\n<li><strong>Low-Priority Invention: <\/strong>The inventions that fall under this category are generally low on business impact as well as novelty.<br><br><\/li>\n\n\n\n<li><strong>Low-Mid Priority Inventions: <\/strong>In this case, the degree of novelty is high but the perceived business impact is not that high.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Portfolio_Building_Strategies_as_per_Priority_of_Patents\"><\/span>Portfolio Building Strategies as per Priority of Patents<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Once a business identifies the priority of an invention, it can adopt different patent preparation and prosecution strategies for each invention, as listed below.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Defensive Filing Strategy: <\/strong>This strategy can be adopted for low-priority patents, wherein businesses have lesser chances of securing a grant. Similarly, since the business impact is low in such inventions, it is not justified to spend a huge sum of money on regular patent filing for such inventions.<br><br>Therefore, businesses can adopt defensive patent filing strategy to file a patent with lesser number of claims to reduce patent preparation cost. In this case, we can utilize the assistance of a strategic partner for writing the low-priority invention application at a lesser cost.<br><br><\/li>\n\n\n\n<li><strong>Regular Patent Filing Strategy<\/strong>: It can be used for low-mid priority inventions. Here, although the business impact of an invention is low, novelty is high. The scenario justifies filing a regular patent but not with a high cost. Therefore, companies can select a strategic partner to prepare a regular patent application at a fraction of the cost charged by a regular law firm based in the US or Japan. This can reduce overall patent preparation cost.<br><br><\/li>\n\n\n\n<li><strong>Hybrid Filing Strategy:<\/strong> Adopted for mid-high priority inventions, the hybrid approach entails the involvement of both the strategic partner and patent attorneys\/law firms. The former can help in preparing the skeleton of the patent cost-effectively.<\/li>\n<\/ul>\n\n\n\n<p><br>For the inventions in which high patent preparation and prosecution cost is not justified, strategic partners can be used to <strong>reduce the overall cost and build a high-quality patent portfolio<\/strong>. Whereas, in the opposite case, a regular law firm can be used for the process.<br><br><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Strategy for High Priority Inventions:<\/strong> High preparation and prosecution cost is justified for high priority inventions because they have high novelty and business impact. Companies can choose to work with regular law firms for patent preparation and prosecution. However, even strategic partners can lend support in the process once they gain the trust of the companies by effectively working on low to mid priority inventions.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cost_Advantage_The_Benefit_of_Prioritizing_Inventions_and_Using_Hybrid_Model\"><\/span>Cost Advantage: The Benefit of Prioritizing Inventions and Using Hybrid Model<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As explained above, strategic partners can be used for low to mid-priority inventions to reduce the overall patent preparation and prosecution process. Based on our experience, in a typical patent portfolio, only 30% of inventions are categorized as high priority, 60% as low to mid priority and mid to high priority, and 10% fall in the low priority section. Therefore, this section intends to explain the cost advantage of using a hybrid model for patent preparation with the help of an example.<\/p>\n\n\n\n<p>Suppose a company needs to prepare 10 patent applications. As per the 60-30-10 rule mentioned above, three inventions can be high to medium priority, six can be medium to low priority, and one invention can be of low priority. Therefore, the total patent preparation cost, involving both the regular US law firm and strategic partner, would cost nearly $40,500.<\/p>\n\n\n\n<p>On the other hand, if a company uses a regular law firm and treats all inventions equally, without prioritizing inventions and adopting the required strategy, patent preparation for 10 applications will be around $80,000.<br><br>Similarly, for the patent prosecution process, the cost would amount up to $26,400 while using the hybrid approach, in contrast to $60,000 that would be incurred while using only US-based law firms without prioritizing patents.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Select_the_Right_Strategic_Partner\"><\/span>How to Select the Right Strategic Partner<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While looking for a strategic partner, businesses must make sure that the firm has adequate knowledge of patent practices in multiple jurisdictions. The search partner must inherit a team of qualified patent drafters with strong technical background and knowledge of the US and European Patent Office (EPO) patent drafting. A few other pointers to consider are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Team should have a proper understanding of the technology\/products of the company<\/li>\n\n\n\n<li>Illustrators must be adept at preparing drawings as per the US, EPO patent laws<\/li>\n\n\n\n<li>Firm should ensure consistent work and quality during ramp up and employee change<\/li>\n<\/ul>\n\n\n\n<p>Similarly, before finalizing a strategic partner, businesses must evaluate their sample patents to gauge drafting experience, conduct technical interviews, ask for references and undertake a pilot project to ensure a high-quality outcome.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In the current pandemic-affected economy, it is not viable to reduce overall patent filing or file patents for every invention. This can negatively impact the future relevance of the company and strain the budget as well, respectively. Hence, prioritizing inventions and applying the above-mentioned strategies is the way forward for businesses to optimize resources and limit expenditure to survive in the highly-competitive IP sector.<\/p>\n\n\n\n<p>Sagacious IP offers businesses cost-effective <a href=\"https:\/\/sagaciousresearch.com\/patent-drafting-support\">patent drafting<\/a> and <a href=\"https:\/\/sagaciousresearch.com\/strategic-patent-prosecution-support\">strategic patent prosecution services<\/a> to enable clients to identify the priority of each invention\/patent during portfolio building. Our unique model helps organizations to make strategic decisions to reduce\/manage patent preparation and prosecution cost.<\/p>\n\n\n\n<p>-Pankaj Garg (Engineering Drafting) and the Editorial Team<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Having_Queries_Contact_Us_Now\"><\/span>Having Queries? 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>Austria<\/option><option value='Azerbaijan' >Azerbaijan<\/option><option value='The Bahamas' >The Bahamas<\/option><option value='Bahrain' >Bahrain<\/option><option value='Bangladesh' >Bangladesh<\/option><option value='Barbados' >Barbados<\/option><option value='Belarus' >Belarus<\/option><option value='Belgium' >Belgium<\/option><option value='Belize' >Belize<\/option><option value='Benin' >Benin<\/option><option value='Bhutan' >Bhutan<\/option><option value='Bolivia' >Bolivia<\/option><option value='Bosnia and Herzegovina' >Bosnia and Herzegovina<\/option><option value='Botswana' >Botswana<\/option><option value='Brazil' >Brazil<\/option><option value='Brunei' >Brunei<\/option><option value='Bulgaria' >Bulgaria<\/option><option value='Burkina Faso' >Burkina Faso<\/option><option value='Burundi' >Burundi<\/option><option value='Cabo Verde' >Cabo Verde<\/option><option value='Cambodia' >Cambodia<\/option><option value='Cameroon' >Cameroon<\/option><option value='Central African Republic' >Central African Republic<\/option><option value='Chad' >Chad<\/option><option value='Chile' >Chile<\/option><option value='Colombia' >Colombia<\/option><option value='Comoros' >Comoros<\/option><option value='Congo' >Congo<\/option><option value='Costa Rica' >Costa Rica<\/option><option value='C\u00f4te d\u2019Ivoire' >C\u00f4te d\u2019Ivoire<\/option><option value='Croatia' >Croatia<\/option><option value='Cuba' >Cuba<\/option><option value='Cyprus' >Cyprus<\/option><option value='Czech Republic' >Czech Republic<\/option><option value='Denmark' >Denmark<\/option><option value='Djibouti' >Djibouti<\/option><option value='Dominica' >Dominica<\/option><option value='Dominican Republic' >Dominican Republic<\/option><option value='East Timor (Timor-Leste)' >East Timor (Timor-Leste)<\/option><option value='Ecuador' >Ecuador<\/option><option value='Egypt' >Egypt<\/option><option value='El Salvador' >El Salvador<\/option><option value='Equatorial Guinea' >Equatorial Guinea<\/option><option value='Eritrea' >Eritrea<\/option><option value='Estonia' >Estonia<\/option><option value='Eswatini' >Eswatini<\/option><option value='Ethiopia' >Ethiopia<\/option><option value='Fiji' >Fiji<\/option><option value='Finland' >Finland<\/option><option value='France' >France<\/option><option value='Gabon' >Gabon<\/option><option value='The Gambia' >The Gambia<\/option><option value='Georgia' >Georgia<\/option><option value='Germany' >Germany<\/option><option value='Ghana' >Ghana<\/option><option value='Greece' >Greece<\/option><option value='Grenada' >Grenada<\/option><option value='Guatemala' >Guatemala<\/option><option value='Guinea' >Guinea<\/option><option value='Guinea-Bissau' >Guinea-Bissau<\/option><option value='Guyana' >Guyana<\/option><option value='Haiti' >Haiti<\/option><option value='Honduras' >Honduras<\/option><option value='Hungary' >Hungary<\/option><option value='Iceland' >Iceland<\/option><option value='Indonesia' >Indonesia<\/option><option value='Iran' >Iran<\/option><option value='Iraq' >Iraq<\/option><option value='Ireland' >Ireland<\/option><option value='Israel' >Israel<\/option><option value='Italy' >Italy<\/option><option value='Jamaica' >Jamaica<\/option><option value='Japan' >Japan<\/option><option value='Jordan' >Jordan<\/option><option value='Kazakhstan' >Kazakhstan<\/option><option value='Kenya' >Kenya<\/option><option value='Kiribati' >Kiribati<\/option><option value='Kosovo' >Kosovo<\/option><option value='Kuwait' >Kuwait<\/option><option value='Kyrgyzstan' >Kyrgyzstan<\/option><option value='Laos' >Laos<\/option><option value='Latvia' >Latvia<\/option><option value='Lebanon' >Lebanon<\/option><option value='Lesotho' >Lesotho<\/option><option value='Liberia' >Liberia<\/option><option value='Libya' >Libya<\/option><option value='Liechtenstein' >Liechtenstein<\/option><option value='Lithuania' >Lithuania<\/option><option value='Luxembourg' >Luxembourg<\/option><option value='Madagascar' >Madagascar<\/option><option value='Malawi' >Malawi<\/option><option value='Malaysia' >Malaysia<\/option><option value='Maldives' >Maldives<\/option><option value='Mali' >Mali<\/option><option value='Malta' >Malta<\/option><option value='Marshall Islands' >Marshall Islands<\/option><option value='Mauritania' >Mauritania<\/option><option value='Mauritius' >Mauritius<\/option><option value='Mexico' >Mexico<\/option><option value='Micronesia' >Micronesia<\/option><option value='Moldova' >Moldova<\/option><option value='Monaco' >Monaco<\/option><option value='Mongolia' >Mongolia<\/option><option value='Montenegro' >Montenegro<\/option><option value='Morocco' >Morocco<\/option><option value='Mozambique' >Mozambique<\/option><option value='Myanmar (Burma)' >Myanmar (Burma)<\/option><option value='Namibia' >Namibia<\/option><option value='Nauru' >Nauru<\/option><option value='Nepal' >Nepal<\/option><option value='Netherlands' >Netherlands<\/option><option value='New Zealand' >New Zealand<\/option><option value='Nicaragua' >Nicaragua<\/option><option value='Niger' >Niger<\/option><option value='Nigeria' >Nigeria<\/option><option value='North Macedonia' >North Macedonia<\/option><option value='Norway' >Norway<\/option><option value='Oman' >Oman<\/option><option value='Pakistan' >Pakistan<\/option><option value='Palau' >Palau<\/option><option value='Panama' >Panama<\/option><option value='Papua New Guinea' >Papua New Guinea<\/option><option value='Paraguay' >Paraguay<\/option><option value='Peru' >Peru<\/option><option value='Philippines' >Philippines<\/option><option value='Poland' >Poland<\/option><option value='Portugal' >Portugal<\/option><option value='Qatar' >Qatar<\/option><option value='Romania' >Romania<\/option><option value='Russia' >Russia<\/option><option value='Rwanda' >Rwanda<\/option><option value='Saint Kitts and Nevis' >Saint Kitts and Nevis<\/option><option value='Saint Lucia' >Saint Lucia<\/option><option value='Saint Vincent and the Grenadines' >Saint Vincent and the Grenadines<\/option><option value='Samoa' >Samoa<\/option><option value='San Marino' >San Marino<\/option><option value='Sao Tome and Principe' >Sao Tome and Principe<\/option><option value='Saudi Arabia' >Saudi Arabia<\/option><option value='Senegal' >Senegal<\/option><option value='Serbia' >Serbia<\/option><option value='Seychelles' >Seychelles<\/option><option value='Sierra Leone' >Sierra Leone<\/option><option value='Singapore' >Singapore<\/option><option value='Slovakia' >Slovakia<\/option><option value='Slovenia' >Slovenia<\/option><option value='Solomon Islands' >Solomon Islands<\/option><option value='Somalia' >Somalia<\/option><option value='South Africa' >South Africa<\/option><option value='Spain' >Spain<\/option><option value='Sri Lanka' >Sri Lanka<\/option><option value='Sudan' >Sudan<\/option><option value='South Sudan' >South Sudan<\/option><option value='Suriname' >Suriname<\/option><option value='Sweden' >Sweden<\/option><option value='Switzerland' >Switzerland<\/option><option value='Syria' >Syria<\/option><option value='Taiwan' >Taiwan<\/option><option value='Tajikistan' >Tajikistan<\/option><option value='Tanzania' >Tanzania<\/option><option value='Thailand' >Thailand<\/option><option value='Togo' >Togo<\/option><option value='Tonga' >Tonga<\/option><option value='Trinidad and Tobago' >Trinidad and Tobago<\/option><option value='Tunisia' >Tunisia<\/option><option value='Turkey' >Turkey<\/option><option value='Turkmenistan' >Turkmenistan<\/option><option value='Tuvalu' >Tuvalu<\/option><option value='Uganda' >Uganda<\/option><option value='Ukraine' >Ukraine<\/option><option value='Uruguay' >Uruguay<\/option><option value='Uzbekistan' >Uzbekistan<\/option><option value='Vanuatu' >Vanuatu<\/option><option value='Vatican City' >Vatican City<\/option><option value='Venezuela' >Venezuela<\/option><option value='Vietnam' >Vietnam<\/option><option value='Yemen' >Yemen<\/option><option value='Zambia' 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The scenario&#46;&#46;&#46;<\/p>\n","protected":false},"author":7,"featured_media":14846,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"coauthors":[1017],"class_list":["post-14842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Strategically Build Patent Portfolio Based on Priority of Inventions<\/title>\n<meta name=\"description\" content=\"How to Strategically Build Patent Portfolio Based on Priority of Inventions: The COVID-19 pandemic has debilitated economies across the world\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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