Whitespaces in the patent landscape are gaps that are void of innovation, meaning that there is little to no patenting activity in those spaces. Whitespace extraction means identifying the lack of patent filing in a particular technology area to drive innovation and, hence, opportunities. Attentively analyzing the whitespaces using AI-based tools allows you to completely understand the patent landscape.
After identifying the white spaces in your technology area, you can review those areas and get them validated by your R&D or IP team. It is critical to conduct that study to formulate an informed strategy and to determine whether it is even viable to enter certain technology areas in terms of innovation. Aligning the white space outcome with your business goals is a crucial phase in the patent landscape process.
With XLSCOUT’s Techscaper, you can extract the whitespaces in a technology area. With just a few clicks, it creates a patent landscape report tailored to your needs.
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