Successfully managing the 400% growth of a major University's portfolio
Our client, a UK University was using a variety of different patent agents for a relatively small number of patents generated from their enterprise program. Under a general review, the work was put out to tender. Franks & Co tendered against three regional and national patent agent firms and were awarded a contract for the ongoing management of the University's patents and designs portfolio. The University had filed several patent applications, but the rate of filing new patent applications was low. We provided systems for focusing academics and students to send in their invention submissions to a central point, and proceeded with a series of seminars and awareness raising events to promote enterprise within the University. The size of the patent portfolio has now increased by 400% from when we originally took over the contract.