Cross Industry Opportunity Analysis

Novocus Legal has developed a specialised Technical Evaluation Gauntlet for assessing cross - industry innovation potential. Technical Evaluation Gauntlet is a specialized patent evaluation matrix developed to quantify commercial potential of a patent based on the technical content of the patent. Every patent that is filed addresses a problem faced by humanity. Also, every patent filed is focussed around a particular technical domain. However, in this era of inter-disciplinary technology domains like nanotechnology, medical devices, and biotechnology, one can often use a single technology for a plethora of applications in a technical filed or use a single technology for similar applications in a plethora of technical fields. But, while, inventors and investors have an exhaustive knowledge about few technical domains, they often do not realise that a patent may have a very varied commercialization spectrum. Hence, it is of utmost importance that every patent or a particular portfolio of patents be passed through such gauntlets so as to realise full commercial potential of any patent. Also, this gauntlet can help evaluate white spaces and find research indicators for a particular technical domain. The technical Evaluation Gauntlet has been established to change the paradigm for delivering high quality and cost-effective technical evaluation services.