State of the Art search
The term "state of the art" refers to information that is already in the public domain, whether it be in the form of a patent, scientific publication, or a finished product. The goal of a state-of-the-art search is to get a thorough view of a particular technical field. Depending on your interests, this type of search can cover patents from all over the world or from a specific Jurisdiction. These are sears.
Why Tech scouting?
To reduce competitiveness, risk factors, and profitability associated with the technology of interest while entering a new technology field.
Streamline the research and development process:
To identify present rivals and potential collaborators, as well as a review of previous work in the relevant technology
A company can also conduct a State of the Art search to learn about new development learnings, ongoing projects, current opportunities, and potential threats to their business.
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