Market Coverage (MC) – LexisNexis Intellectual Property Solutions

The MC (Market Coverage) indicator is calculated by counting the number of countries the patent has been filed for (jurisdiction), weighted by the country’s GDP. Finally, counts are normalized by year, country of jurisdiction and main IPC/CPC.

/High/

/Low/

A high MC value reflects a global
internationalization strategy and a wide legal market protection.

Furthermore, a high MC value reflects a
high perceived patent value for the applicant. Patent application and patent maintenance fees create considerable costs at each patent office. The more countries a patent has been filed for the higher the perceived international market potential for the patented invention.

A low MC value reflects a local internationalization
strategy and a narrow legal market protection. The less countries a patent has been filed for the lower the perceived international market potential for the patented invention.

Related articles