FREEDOM TO OPERATE (FTO) search also known as Clearance Search. FTO search is all about risk analysis.
With the increase in competition in business, Intellectual Property has gained a crucial role. FTO search is a process to determine the possibility of a company or inventors to launch those product or process in the market without the fear of infringement.
However Patentability search does not cover FTO search. It is done on a detail analysis of product or process in the market on all different databases. If any risk seems to occur in the path of patentability, it helps to resolve the problem or minimize the risk of infringement. An infringement for a company is a huge blow on the reputation, effort as well as on finance. Thus, FTO search should be done at each point of product development.