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How can patent information help?

The commercial and technical information stored in patents has a significant role to play in a broad range of business activities: from basic research through to product marketing.

Before research projects are initiated, a scan of the published literature to establish what is already known can save many hours pursuing fruitless lines of investigation. The European Commission has estimated that European industries are wasting over £20 billion each year by simply repeating previous efforts, the results of which can be found in published patents.

Unforeseen difficulties can arise when scaling up for production. These difficulties may have been encountered elsewhere and solutions documented in patent literature. The subsequent time saved with this knowledge could determine whether or not a vital foothold is gained in a rapidly developing market.

patent literature

An indication of suitable markets for products can be obtained by evaluating the world-wide patent practices of possible competitors.

A thorough review of relevant published documentation will also assist in drafting a sound patent application, thereby providing the maximum degree of protection to help you exploit the full potential of your idea.

Having successfully launched a product, it is essential to maintain market appeal by a constant programme of evaluation and refinement: new processes to reduce production costs, novel materials to enhance performance, and fresh outlets for increased turnover – all information that can be obtained from a regular review of patent literature to help you innovate and keep ahead of your competitors by retaining hard-won customer satisfaction.

By |2020-05-31T17:13:14+00:00May 31st, 2020|Business|0 Comments

Ideas Can Come From Anywhere

The next time you’re in a store as K-mart or Wal-Mart, take a look around. You may be thinking, “I always look around when I’m there.” But this time, look around in a new way. Look at each product you see on the shelves and racks and think about what they were before they ended up there.

All of them, you can assume, were ideas that eventually took form in someone’s head. Now, how did the idea make it to the shelves?

Some products are the results of design teams at established companies. Some were created from ideas licensed from Inventors and Entrepreneurs like you. Ideas can come from anywhere, even from children as interpreted on https://www.techtimes.com/articles/249715/20200518/how-inventhelp-gets-new-inventors-onto-the-right-path.htm.

If two people walk through a store together, one would see things that he like that the other doesn’t like and vice versa. A product will succeed as long as enough people like it and/or need it enough of the time to keep it going.

People often bring up the “pet rock” phenomenon. The pet rock was successful, yes, but for a short time. Have you noticed a big demand for them in the past 20 years? Some items will have short-lived success, others will become staples that people buy again and again as stated in https://www.valuewalk.com/2020/05/medical-invention-covid-19/ article.

Some people are afraid to pursue their inventions because they think it’s simple or silly. They must not have been in a store lately. There are things out there that people are buying that are very simple. Some of the inventors of these things may have called them silly, too…all the way to the bank!

By |2020-05-27T13:49:30+00:00May 22nd, 2020|Business|0 Comments

Difficulties in obtaining a patent

What is unique about a provisional patent application is that it is rather easy compared to a full patent application. You will not need to provide an in depth report on the inventions objectives, benefits, or a discussion on the prior arts that may precede it. You also do not need to have any claims at this time. This is the difficult part of getting your permanent patent.

The description of your invention should include a title of it, the purpose of the invention, a description that fits with each drawing that is provided, a components list and steps of the invention requirements, as well as how the steps happen as seen on this channel – https://www.youtube.com/user/inventhelp.

You will need to describe how the components work and what the best mode of the invention is. You may also want to mention the alternative ways for the invention to reach the results of it and any advantages that the invention provides to the user.

There is no need to spend countless hours working on a provisional patent, but getting it is the jump start to getting your full patent. You have just one year from the time that you obtain the provisional patent to obtain your permanent one, and the permanent application is much more thorough itself as explained on https://www.tmcnet.com/topics/articles/2020/03/24/444881-everything-need-know-inventhelp.htm.

The good news is that an attorney can help you through the entire process, making it far easier to obtain the provisional patent you need. On the other hand, to save money, you may be able to do this part yourself.

By |2020-05-19T11:47:45+00:00May 16th, 2020|Business|0 Comments

Why Ignoring PATENT ATTORNEY Will Cost You Time and Sales

What can be patented?

First you need to find out if you can even patent your invention idea. A lawyer can help you determine the best route to take. For instance, inventions must be in one of the following four situations to be patentable:

  • You can patent a process, for example, how to manufacture a product.
  • You can patent a machine.
  • You can patent articles of manufacture.
  • You can patent composition of matter.

In addition, the invention idea must be useful, and you must prove that it can be made operable and not be frivolous in nature. This is a big way a lawyer can help you. Patent Lawyers are trained and educated to help you turn your idea into a patent and profitable invention as you can read from https://www.jpost.com/Special-Content/Get-Your-Invention-Off-the-Ground-with-the-Support-of-InventHelp-624132.

Somebody is stealing my patented idea

When somebody attempts to steal your patented idea and profit from it, this is called infringement. Your lawyer can go to the Federal Court and begin legal proceedings to prevent or stop further infringement. He might even be able to retrieve infringing items until your lawyer can reach a civil agreement. You will possibly get money for the profits they made off of your patented idea, the damage they made to the reputation of your idea and your legal costs.

You can sell your patent

You can sell your patent with the help of a lawyer. This is called assigning. The patent must be filled at the USPTO in your name and your lawyer can help you with the legal issues involved to protect your idea and investment as described in https://spacecoastdaily.com/2020/03/inventhelp-the-way-forward-for-new-inventors/ article.

By |2020-04-18T14:16:12+00:00April 15th, 2020|Business|0 Comments

Legal Assist to Get Your Rights

Patent protection is available to inventions meet the requirements of new, useful and non-obvious. Patent inventors can assign or license their rights in issued patents (and even pending applications) to third parties. Being the first to file a patent application, though not exactly necessary, is still a good strategy, in the US.

Until you have discussed this with your patent agency, such as InventHelp, or a patent attorney, be careful about any public or non-confidential disclosures in advance of patent application filing as those disclosures can have an adverse impact on your patent rights in some situations.

Make a note to discuss the issues surrounding the prior idea that you feel was taken without permission with your attorney also. In many instances, there is little or nothing that can be accomplished to remedy that situation. Your attorney can determine whether there was an actionable breach of confidentiality or theft of trade secrets.

A patent can be obtained on an invention related to devices, apparatus, article and methods for their use and for making them. To be patentable, the invention must also be both novel and non-obvious over the prior art as described in https://blog.chron.com/frugalconfessions/2020/03/how-much-can-you-make-from-patenting-your-idea/.

You should consult a patent attorney who will assist you to determine assess whether your invention has patentability over the prior art, and to prepare a patent application for you.

By |2020-04-11T12:01:01+00:00April 7th, 2020|Business|0 Comments

Registering a Patent in US

If you are an owner of an invention, it is of the utmost importance to file and register your patent to prevent others from copying your invention, importing your invention, disposing of your invention, or using your invention, or manufacturing and trading with your invention without your knowledge or approval.

An inventor has to go to the Intellectual Property office.

But before doing so, the applicant should conduct a thorough search to confirm that his invention is new.

The owner of the invention then has to complete forms to apply for a temporary/provisional patent which will be valid for a period of twelve months with the option to extent for a further three months by requesting an extension from the Registrar of Patents. Or he or she may hire a professional patenting agency, such as InventHelp, or a patent attorney to apply for a permanent/complete patent.

When your temporary application is about to expire, forms has to be completed and signed by an attorney who specialized in patents.

Once you receive a patent then you can have the peace of mind knowing that no one can trade with your product for up to twenty years without your approval by means of a legal binding contract or license.

An owner of an invention who has patent protection in place can however allow others to trade with the invention by means of a legal agreement and monthly royalty payment agreement to the owner, based on sales of the invention as described in https://southfloridareporter.com/how-inventhelp-can-assist-with-new-invention-ideas/ post.

By |2020-04-02T15:14:54+00:00March 31st, 2020|Business|0 Comments

Do You Know What Exactly A Patent Seeks To Protect?

You will find that a patent for a product will refer to any non obvious and new invention. This invention will need to be anchored in industry, trade or agriculture. The actual invention will need to be a completely novel invention, device or process or something similar. It can also be an improvement that can be used on any existing device, process or product, or something similar.

Who Does A Patent Actually Seek To Protect?

The patent applicant will need to be able to prove that he is in fact the legitimate owner of said invention – i.e. that he or she is in fact the true assignee stated by the actual inventor, the inventor himself or the employer of the inventor should the invention have been made during the person’s time of employment as explained on https://www.canyon-news.com/how-inventhelp-can-assist-you-as-a-new-inventor/106365.

Ways In Which A Patent Will Actively Protect You

The patent can be seen as domination right as bestowed by the government for a specified time period. Thus, you will be able to consider a patent as a legal right that is completely restricted to the country concerned.

The patent will enable the patent holder to effectively exclude any others from being able to use, make, dispose of or exercise the invention. This will enable the patent holder to enjoy all of the advantages and profits that will accrue from the actual creation for the patent’s duration. You can continue reading about it on https://www.econotimes.com/How-You-Can-Benefit-from-Turning-to-the-InventHelp-Experts-1577312.

By |2020-03-27T12:49:29+00:00March 26th, 2020|Business|0 Comments

The United States Patent and Trademark Office

USPTO is the agency for giving patents in the U.S. and is also responsible for the registration of trademarks. It is also tasked with the promotion of the scientific progression and the arts by fully granting the creators total rights to their discoveries. The United States Patent and Trademark Office is responsible for the registration for trademarks on commerce under Article I of the constitution, Sec. 8, 8th Clause.

Invention of new products, new ideas for old discoveries and the creation of employment for millions in America has resulted from the mandate of this office. American industry has flourished under this system and the country’s economy directly depends on effective mechanisms under this office which guard new ideas in creativity and innovation.

The increasing need for trademarks and patents says little about the inventiveness of American entrepreneurs. The United States Patent and Trademark Office is at the front of the country’s technological achievement and progress. The United States Patent and Trademark Office mandate is to advise the President, Secretary of Commerce, and Government agencies about the intellectual property policy and its enforcement as explained on https://www.macobserver.com/why-turn-to-inventhelp-with-your-tech-invention-idea/. It also strives to promote the more effective intellectual property protection globally.

It further effects protection for inventors and entrepreneurs in US and across the globe by corresponding with other organizations to acquire secure and strong provisions that facilitate free trade. The office also gives training programs geared towards a respectable intellectual property policy and encourages enforcement by all U.S. partners in trade.

Education on patents has been one of the principal assignments of this Patent and Trademark Office. The idea behind the patenting system is to provide mutual benefits to the country as well as the inventor. As for the inventor, a patent provides certain exclusive rights for up to 20 years, during when he or she can exclude others from using, manufacturing, importing or trading with his or her innovation.

A patent is usually published and availed for the public to study and maybe improve on it. The constant development in science and in technology, pushed by the availability of funds and grants to inventors, has strengthened the US economy. New developments have lead to advanced technologies, creating jobs and as such improved the quality of living. A strong trademark and patent protection is as important as a solid patent case plan for any successful business as written in https://azbigmedia.com/business/why-new-inventors-turn-to-inventhelp-for-support/ article.

Trademark registrations, unlike patents, are renewable for a product it associates with as long as it is in circulation.

By |2020-03-22T12:49:11+00:00March 20th, 2020|Business|0 Comments

Gold IRA Investing Tips

Gold IRA investing is a very common activity today. There are some tips that can help investors who want precious metals in their retirement savings matrix. Not all IRA plans allow gold investment choices so it is important to identify IRAs that do offer these options for account holders. One tip that can help is rolling over a 401k plan into an IRA, one that allows investments in precious metals.

If a 401k is rolled over into an IRA so that gold can be an investment option make sure that the check does not go to the account holder, but goes instead to the custodian of the new retirement account. If the investor receives the check then there could be tax penalties and additional expenses, as well as a very strict time line for investing these funds in another account. If the custodian of the new IRA receives the fund transfer there are no additional concerns or requirements.

There are many ways that gold IRA investing can be managed. Some IRAs allow gold bullion to be purchased. This bullion can be in the form of bars, ingots, and coins. Investors usually can not choose gold coins for their value as a coin, only for the value of the gold contained. Rare coins are not acceptable investments with any IRA but there are several other ways to invest in gold using this type of account.

Stocks in mining companies that produce gold can be a way to invest in the precious metal without actually taking possession of the gold. Some of these stocks may represent companies that mine and produce gold only, while others represent companies that specialize in all forms of precious metals. Gold ETFs, electronically traded funds, are another smart choice for some investors.

It is important to remember when deciding on gold IRA investing that the price of this metal is at record highs but this fact can change quickly. Most financial experts warn that retirement funds should be managed somewhat conservatively. Investors should never place the funds from retirement accounts into high risk holdings. Many IRAs that offer gold options have certain restrictions in place. The investor should examine the IRA restrictions in place before opening a new IRA account for gold options.

By |2020-03-15T12:58:36+00:00March 15th, 2020|Business|0 Comments

Nature of Patent Right

A patent is a government grant of a 20 year monopoly to an inventor in return for a full and public description of the invention. Within limits, a patent allows control of the market for the invention during the term of the patent.

A patent is a negative right in the sense that it confers the right to exclude others from exploiting an invention. This is different to a positive right which guarantees an entitlement to the patentee to do something. Thus, a patent right to exploit their invention is subject to prior rights held by third parties as you can see from this article – https://www.crunchbase.com/organization/inventhelp.

What is Patentable?

It has been said that “anything under the sun that is made by man” can be patented. In other words, any “artificially created state of affairs” that is commercially beneficial, is potentially patentable. In practice, patents are granted for new and useful products or processes.

In broad terms, structural and functional features of devices and processes are patentable, whereas aesthetic features are not.

Some examples of non patentable items are:

· mere ideas;
· mere verification of scientific formulas;
· decorative arrangement of printed material on a sheet; and
· mathematical formulas per se.

The law in this area is very complex and we recommend that advice be obtained from a patent attorney, before any decision is made that an invention is not patentable.

When to Apply

Ideally, an inventor should keep their invention strictly secret until a patent application describing the invention has been filed at the Patent Office. The patent law in US and overseas, in some circumstances, allows a patent to be obtained even when disclosure has occurred and you can learn more about it from https://openlab.citytech.cuny.edu/gotconcept/the-next-big-thing-in-invention/.

However, such disclosure will invalidate patent rights in most countries. Professional advice should be sought from a patent attorney on the consequences of any given disclosure.

If limited disclosure prior to filing a patent application is unavoidable, a confidentiality agreement, preferably in writing, should be obtained from the person to whom the invention will be disclosed.

By |2020-05-19T11:43:25+00:00March 13th, 2020|Business|0 Comments