This assignment is about observing barriers to entry and evaluating your industry landscape. This will allow you to see open opportunities for you and your own potential intellectual property.
You are tasked to:
Find existing patents from competitors/inventors in your industry
Find existing trademarks and copyrights from competitors/inventors
Make observations on the existing IP… What trends do you notice, are there patterns in how the industry uses IP? What strategies seem to be apparent? Are there any infringement suits, if so why? Any major inventors that dominate the space? What opportunities or gaps do you see?
What IP potential do you have with your company, products and/or services?
There are a few ways to research IP…
Robust descriptions of the found intellectual property found, patents, copyrights and trademarks. Includes screen shots, images, and IP numbers. Adherence to the project metrics in the description