![]() ![]() Patent pruning can involve a number of different activities such as divesting patents, licensing patents to third parties, selling patents or leaving them to expire. Patents that are no longer relevant or enforceable may be removed from the portfolio, while those that are still valuable may be kept and maintained. ![]() This can be done for a variety of reasons, including reducing costs, aligning the portfolio with a company's current business goals, reducing legal risks and simplifying the process of licensing and monetization of the patents.ĭuring the pruning process, a company will typically review each patent in their portfolio to determine whether it is still relevant and valuable to their business. Patent Portfolio Optimization (often referred as Patent pruning) is the process of regularly reviewing and selectively removing patents from a company's patent portfolio. ![]() Significance of Patent Portfolio Optimization for An Organization. ![]()
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