The terms such as patent translation services and patent clearance services in Latin America has gained immense attention. So; what is Patent Clearance anyway? In lay language the purpose of Patent Clearance task is to evaluate the risk of a particular product infringing the patent of a third party. Quite ideally therefore patent translation services and professional patent Clearance Searches and patent are often performed prior to significant investment in a particular product.
Of course; it is recommended to have Patent Clearance Study before product launch. This is required to avoid taking a product off the market just after sales have started. As a matter of fact; it is usually less damaging to the financial outcome and the reputation of a company to redesign a product and re-launch it.
Patent clearance study starts with defining the scope of the Patent Clearance Study. Only a professional can find third party IPR (intellectual property rights) that relate to a clearly limited technical field. Then the Patent Search is done on issued patents or on pending patent applications in a professional data base from a patent data base provider. The risk to miss an essential patent or patent application is too high and this is where the professional comes in. If in case the relevant patent documents have been identified, the validity of the retrieved patents or patent applications has to be examined resulting in a clearance opinion. It’s time to seek for professional Patent translation services in Latin America. Of course; translation service is in itself is valuable for any company and nowadays professional help is available from the industry leaders. Do not under estimate its value to your company, and thus IP management and protection should be practiced correctly and thoroughly.
For more information please visit: http://www.ipservices.eu/
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