Over the years, IP has evolved tremendously being a bastion for innovation, it is bridging the gaps between sectors of society. The idea of IP rights and their protection has seen a shift in paradigm in terms of recognition, significance, and importance – the shift from divine providence to valuable human talent has taken complicated detours and pit stops but the fact that these imperfections has led companies to reinvent how IP is perceived in today’s world. In the Indian context, Intellectual property and its significance has long been neglected but has seen considerable awareness in the recent past five years’ time.
The innovation ecosystem has seen considerable push from the government through campaigns such as make in India in order to drive self-sustainability and to be on the road to become self-reliant. This push coupled with increasing awareness is set to drive the Indian innovation graph towards unprecedented growth in all sectors.
I personally opine that the varied Indian diaspora should be made better aware of the importance and significance of IP and its impacts, through must have curriculum starting from school days, so that the next generation becomes equipped with the right set of tools to foster creativity and drive growth.
Founded by Amit Aggarwal and Dr. Amit Goel in 2010, Effectual Services provides expert consulting to companies that have diverse and huge patent portfolios through its team of leading in-house industry IP experts, who specialize in identifying technological trends, providing pattern analysis, predicting business trends, opportunities and threats, that can ensure high-quality outcomes, while making information available within designated timelines at affordable costs.
Having a rich experience of over a decade in the global IP market, the firm also organizes workshops and training programs to help foster R&D in case of an inherent need to promote and protect IP. An ISO 27001:2013 certified firm that has served over 5000+ clients in over 125+ countries, Effectual has been consistently recognized to be among the top 5 IP research and consulting firms.
The services offered by Effectual range from idea conceptualization to go to market strategy. Over the years, the firm has partnered with clients to design Intellectual Property solutions by understanding the requirements clearly, confirming its understanding in line with the end objectives, who the end audience would be and what critical problems the research aims to solve.
Effectual has always ensured to conduct projects in consultation with the client on an iterative basis that helps in making informed decisions. The firm also provides Intellectual Property Support Services (IPSS) such as proofreading, docketing, information disclosure statement, and patent term adjustment (PTA).
Effectual Services helps corporations and universities to manage and monetize their patent portfolio through time-tested solutions and cost-efficient services based on their needs and plans. With a strong understanding of the Patent lifecycle, the firm has been highly successful in delivering tailored solutions.
The core team consist of multi-disciplinary experts with rich experience in handling complex patent assignments in domains such as Alternative Energy, Automotive and Aerospace, Biomedical, Biotechnology and Pharmaceuticals, Chemical and Materials, Information Technology, Electrical and Computer, Life Sciences, Telecommunications, and so on.
Since inception, the key factor that has given the firm a distinct advantage has been our dedication to understanding clients’ requirements and offering customized solutions that help take informed decisions backed with credible data sources
Effectual also offers specialized services such as generating new ideas that help in streamlining R&D efforts by identifying upcoming solutions that are nascent, keeping a close check on promising startups in multiple technical areas of importance while keeping a track of & providing monthly or quarterly updates to its clients. Effectual also runs a monthly/quarterly newsletter for a given technology area of interest & keeps a close tab in providing competitive intelligence by monitoring newly published applications globally & in specific jurisdictions based on specific technology areas.
In terms of future roadmap, Effectual Services is planning to focus on the blue ocean strategy to put to use their business intelligence in identifying new patterns, trends in technologies, understanding emerging high growth markets, determining areas where no contest exists, creating competitive new channels, visualize mega trends that are going to disrupt existing markets in years to come.
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