When it comes to building a successful business or ensuring competitive market share, having a bright idea is only the first step. Companies need to be able to implement their ideas into saleable products or services before they can even start to think about turning innovation into profit – and they need to be able to do so quickly.
However, in the race to bring a new product or service to market, it's easy to lose sight of which ideas are the most valuable to the company in terms of potential market impact; and then, worse still, delay taking action to secure the rights to protect them.
Outsourcing specialised tasks, such as docketing, patent illustration and patent searching, provides access to flexible resources that can be up-scaled at peak times or during large or one-off projects. Steven Lundberg, founding shareholder of Schwegman, Lundberg, & Woessner (SLW) explains the benefits.
That's why it's imperative that companies have the systems and resources in place not only to provide the legal rights to support product or service launches, but also to monitor their development from the initial idea to the finished concept.
And what about the administrative requirements of the process? How many companies have the staff, resources or systems in place to react instantaneously to the demands of the marketing department or business units, or to ensure the smooth registrations of the associated IP rights on time and to budget?
CPA Global's services can remove that burden from busy IP departments, helping to support product and services launches, irrespective of time or budgetary constraints.
They also provide the vehicle for companies to outsource routine, but highly administrative functions such as docketing to CPA Global specialists, freeing up internal staff to concentrate on more strategic, higher-value activities.