Should Patent Lawyers And Enterprises Outsource Their Patent Searches, Or Perform Them In-House?
Friday, January 18th, 2008 at
9:27 am
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Patentest asked:
The only time outsourcing of patent search is not the right way to go is if the volume of search you perform exceeds hundreds of searches a month in which case there might be justification to becoming experts in this field to reduce the cost of this activity.
Is that your core business?
We have seen this fundamental question shape the world we live in, as time progresses more specialties are emerging and being the expert in what you do becomes more and more important to survive and succeed in your business.
Lawyers focus their entire practice on very specific fields of law; enterprises outsource many functions which they don’t consider core business.
Traditionally buy rx drugs companies expanded by growing their offerings and increasing their market coverage. Today we see a reduction in offerings and a clear focus on very specific things in which this company is better then its competition.
When it comes to offering additional products to its customers more and more companies select the option of partnering with other leading companies in the relevant field of expertise rather then investing the money and time, and more importantly loose the focus, by becoming experts themselves.
Should patent search be outsourced or not?
Lets review the benefits.
Accountability – The company performing the search has accountability for it
Employment – Less employees are required, the money is paid to a vendor and not employees
Cost - Between direct employment costs, management costs and idle times, companies end up paying more for patent searches performed in-house
Time to market – No need to become experts in performing the search activities
The only time outsourcing of patent search is not the right way to go is if the volume of search you perform exceeds hundreds of searches a month in which case there might be justification to becoming experts in this field to reduce the cost of this activity.
However, having said that, even in the above specific scenario, special deals can be made with dedicated professional companies engaged primarily in that to keep cost low and still enjoy all the benefits mentioned above.
The only time outsourcing of patent search is not the right way to go is if the volume of search you perform exceeds hundreds of searches a month in which case there might be justification to becoming experts in this field to reduce the cost of this activity.
Is that your core business?
We have seen this fundamental question shape the world we live in, as time progresses more specialties are emerging and being the expert in what you do becomes more and more important to survive and succeed in your business.
Lawyers focus their entire practice on very specific fields of law; enterprises outsource many functions which they don’t consider core business.
Traditionally buy rx drugs companies expanded by growing their offerings and increasing their market coverage. Today we see a reduction in offerings and a clear focus on very specific things in which this company is better then its competition.
When it comes to offering additional products to its customers more and more companies select the option of partnering with other leading companies in the relevant field of expertise rather then investing the money and time, and more importantly loose the focus, by becoming experts themselves.
Should patent search be outsourced or not?
Lets review the benefits.
Accountability – The company performing the search has accountability for it
Employment – Less employees are required, the money is paid to a vendor and not employees
Cost - Between direct employment costs, management costs and idle times, companies end up paying more for patent searches performed in-house
Time to market – No need to become experts in performing the search activities
The only time outsourcing of patent search is not the right way to go is if the volume of search you perform exceeds hundreds of searches a month in which case there might be justification to becoming experts in this field to reduce the cost of this activity.
However, having said that, even in the above specific scenario, special deals can be made with dedicated professional companies engaged primarily in that to keep cost low and still enjoy all the benefits mentioned above.
