By: Editorial Staff, Date: March 17th, 2022

A patent portfolio plays a significant role in the overall value of a business. Every business leader must recognize that a solid business goal requires a properly managed portfolio to generate the maximum value for the company.

Technological advancements continue to shape the IP landscape. One prominent example is the impact that Artificial Intelligence (AI) is creating on the patent system. According to a recent article by PatSnap, besides the changes in the Patent Act, assimilation of the internet into society also transformed patent practices.

AI has allowed easier access to patent records, transforming the legal landscape into a more efficient system.

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If you want to turn your IP assets into a competitive advantage, get in touch with PatSnap. With its comprehensive IP intelligence platform, you can confidently manage or evaluate IP portfolios to make an impact.

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For your IP needs, visit patsnap.com

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