How frequently is this company renewing its patents? Which technologies are they abandoning patents for?
The graph shows the number of patents that were either renewed or abandoned each year over the course of the last 20 years (US and CN Data. Schedule for US maintenance fee: 3.5, 7.5, 11.5 year mark. Schedule for CN maintenance fee: yearly).
Helpful for: providing insight on changes in an organization’s technological direction. Abandoned patents signify technology an organization is not utilizing or seeing the ROI (Return On Investment) from and therefore have decided stop investing in. Renewed patents represent inventions that either holds potential or present a ROI that an organization is willing to continue investing in. From this we can deduce an organization’s failed and successful patents over time and recognize whether it is worth researching in similar technology.