Patent ranking/ benchmarking activities become very crucial if we want to analyze the qualitative aspects of the patents rather than just the numbers (quantitative aspect). Identification of patent strength using following parameters
parameters – Citing document count, Years to expiry, IP coverage (process/ composition), Jurisdictional coverage, number of office actions during prosecution, may be conducted. These ranking/ benchmarking activities are very crucial at time of comparative IP analysis among the competitors to understand who holds an edge with head-to-head in patent ranking