Purpose of Freedom to Operate (FTO) Search in Competitive Intelligence

Freedom to Operate search is a way that ensnares leeway or freedom search in a legitimate jurisdiction area. It is utilized to check or examine the legal intellectual property protection of new innovation or development or patent in any nation.

It provides accurate idea or data about the chances of infringement in the concerned nation where the company or organization is looking for launching their products or technologies.

Purpose of FTO Search in Competitive Intelligence

1.       The Freedom to operate search gives all pertinent data about the lifetime of a patent (20 years for utility patents as well as 14 years for design patents in USPTO) or claim highlights of any battling organization or company. For example, maintenance fee payment details, priority date, encroachments by some other third party, territory region of a patent or claim, jurisdiction rules, etc.

2.       It tells the future results of the new innovation or product or development program that will be propelled by company or organization in a nation. So, it gives a thorough techno-legal interpretation of intellectual property protection identified with pre-launched products or technologies or patents by the contenders.

3.       Now and then, Contending companies or organizations signed a non-selective cross-license agreement. As indicated by it, every company which signed in the agreement will have some degree or expert in the intellectual property data of other agreement signed companies.

This agreement gives vast research and development chances in the inter-disciplinary area of adjacent companies. Due diligence, patent litigation, and different legal issues would be simply organized, because of mutual understanding of such companies.

All in all, Freedom to Operate search will be easy to every company which has the association of such non-restrictive cross-authorized agreement. The dangers of infringement get limited. Competitive intelligence will be more beneficial on the grounds that the odds of failure of thoughts or plans get reduced.

Freedom to Operate search provides highly significant information to patent landscape analysis amid the competitive intelligence. It devises the simple approach to associate with the worldwide activities of a competitor company identified with their intellectual property progressions.  It gives essential information about developmental programs of the competitor companies all over the world. It guarantees the improvement in progress rate of new technology plans.