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ARTICLE · 24 FEBRUARY 2023

Patent Portfolio – The What, Why And How?

Accures Legal
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We have seen big or sometimes even mid-sized companies boasting hundreds or thousands of patents in their name, and that is why their valuations soar into the billions and trillions...

IndiaIntellectual Property
Vedant Pujari
Vedant Pujari
Shashank Raj
Shashank Raj
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What?

We have seen big or sometimes even mid-sized companies boasting hundreds or thousands of patents in their name, and that is why their valuations soar into the billions and trillions of dollars. Ever wonder how this became possible? On the contrary, we usually do not see hundreds or thousands of distinct products corresponding to these patents in the market. For example, an automobile company with 500 patents to its name may not have 500 different models of vehicles selling in the market. Multiple patent applications are filed on a single product or a process and sometime for a single invention – this collection of patents owned by an individual or organization may include issued patents, pending patent applications, and any other intellectual property rights related to inventions or innovations, making is a portfolio of patents.

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