Research and Markets: Patent Filing & Annuity Fee Management Benchmarks 2015

DUBLIN–(BUSINESS WIRE)–

Research and Markets (http://www.researchandmarkets.com/research/v2nrpf/patent_filing_and) has announced the addition of the “Patent Filing & Annuity Fee Management Benchmarks” report to their offering.

The 67-page study looks closely at how major corporations and research-oriented universities organize and make decisions about the payment and management of filing and annuity fees for their patent portfolios.

The study helps its readers to answer questions such as:

  • How much are patent holders paying in filing and annuity fees?
  • What percentage of their patents do they abandon?
  • If they stop paying annuity fees when do they generally do so? How do they make these decisions?
  • How do they organize the logistics of filing and annuity fee payments?
  • What kind of software, web-based applications or consultancies do they use?
  • How much manpower do they expend in keeping up with filing and annuity fees?
  • What percentage of their patents are provisional?
  • What percentage of filing and annuity fee payments are made in a grace period?

Just a few of the study’s many findings are that:

  • About 63% of the filing and annuity fee payments in 2014 for the organizations in the sample were made to the US patent & Trademark Office
  • The organizations in the sample spent a mean of 220 staff man-labor hours in tracking and paying filing and annuity fees in the past year.
  • Private companies with less than $1 billion in annual revenues spent a mean $1,396,098.00 on patent filing and annuity fees in 2014.
  • A mean of 14.1% and a median of 10% of patents that are abandoned are eliminated at the 3.5 year payment threshold for U.S. patents.

Data is presented separately for large corporations (more than $1 billion in annual revenues), smaller companies (less than $1 billion) and for higher education institutions. Data is also broken out by size of patent portfolio, number of patents awarded and other criteria.

Sources / Contributors

  • Brewer Science, Inc.
  • Carnegie Mellon University
  • Caterpillar
  • Invention Science Fund
  • Medicago Inc.
  • Mylan, Inc.
  • North Carolina A&T State University
  • PepsiCo
  • PolyOne Corporation
  • Ryerson University
  • Sun Chemical Corporation
  • The Rockefeller University
  • Timoney Technology Ltd
  • University of Connecticut
  • University of North Florida
  • Utah Valley University
  • Zoetis

For more information visit http://www.researchandmarkets.com/research/v2nrpf/patent_filing_and

Source Article from http://finance.yahoo.com/news/research-markets-patent-filing-annuity-111500095.html

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