The idea is simple: don't waste resources on patents that no longer serve your business goals. Instead, reallocate those funds to support high-value assets and innovations. 1.1 Why Strategic Abandonment Matters all india whatsapp number list Strategic abandonment allows companies to reduce portfolio maintenance costs while ensuring that only valuable patents remain active.
As patent fees and maintenance costs accumulate over time, dropping unnecessary patents can free up significant resources for more profitable projects. Regular portfolio review helps identify patents that are no longer aligned with current business objectives, whether due to outdated technology, changes in the market, or declining commercial potential.
