A maximum of 5 years can be restored to the patent. In all cases, the total patent life for the product with the patent extension cannot exceed 14 years from the productâs approval date, or in other words, 14 years of potential marketing time. If the patent life of the product after approval has 14 or more years, the product would not be eligible for patent extension.
It overcomes. disbelief that there are, by example, other ways of achieving and creating. overall enhancement of an organization (Fuller, 1997). Types of benchmarking. There are four different types of benchmarking which consist of: internal. benchmarking, competitive benchmarking, functional or industry.
Benchmarking picked up with the onset of the recession in the late 1990s: it helps document a business unit's contribution to corporate performance no matter which way the economy moves. Benchmarking also helps to make the case for necessary but painful change. how it works Benchmarking is a study of best practices elsewhere and the implementation of findings back home. Studies may be very broad (generic benchmarking), industry-wide (industry benchmarking), specific to a business function like purchasing (functional benchmarking), or aimed at a particular process (performance benchmarking).