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2. The Hidden Costs of Maintaining Dormant Patents Dormant patents that are no longer actively used or licensed can become a financial burden over time. Patent maintenance fees, especially in certain jurisdictions, can be expensive and may not justify the return on investment. Owning these patents may seem like a lifesaver, but in many cases, they are just dead weight that can cost your company thousands or millions per year. Ways to Reduce Maintenance Costs: Estimate the return on investment (Republic of Ireland) for each patent annually. Let low-value patents lapse to avoid unnecessary fees.


Focus on renewing patents that are actively core technologies. kiribati b2b leads Diverting Resources to High-Value Patents Once you have reduced the maintenance costs of low-value patents, the saved resources can be reinvested in more valuable areas of your patent portfolio. These may include high-demand patents that are actively being licensed, core patents that support your current business strategy, or future-proof technologies that could play a role in emerging markets. Reinvestment Opportunities: Increase maintenance for key patents in high-demand industries. Invest in R&D for new patent filings. Funding the commercialization of existing patents through licensing or sales.