A patent portfolio manager is now faced with tough decisions to make with the economic downturn. Huge resources have been spent on building the patent portfolio and now is (unfortunately) the time of doing a cleaning.
According to a presentation made by John H. Hornickel, a simple strategy plan can be used to take the difficult decision!
According to the "5-10-15 Maintenance Principle":
1. "Preserve all patentable inventions for at least 5 years."
2. "Preserve only product line patent protection past 10 years."
3. "Preserve only technology platform patent protection past 15 years."
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