Hoffman Patent Firm works with buyers to identify patents of interest, after which we can facilitate sale by the patent owner. We have extensive experience with screening and evaluating patent portfolios.
Often, companies “stockpile” patents without maximizing their value. In some instances, we can add value by helping owners identify patents that have “side uses” that are not competitive with the company product that the patent was secured to protect.
Half of all U.S. patents originate outside the U.S., especially in certain key countries. We maintain close relationships with patent monetization professionals and IP portfolio managers in countries having the most important contact with the U.S. patent system, including:
- South Korea
Therefore, we have the capability of identifying patents in a particular area of interest and approaching the patent owners through direct channels to initiate a patent sales transaction.
To illustrate the value of working with patent holders outside the US, we have prepared the below cartogram to show countries with their sizes skewed to reflect the number of issued US patents that originate from each: