Typically, the main reason people conduct patent searches and read patent documents is to determine if an invention idea has already been patented by somebody else. They totally ignore possible hidden treasures that may also be found in previously issued patent documents. If you have an understanding for an invention then you are probability someone that thinks outside the box. Why stop there? Don’t limit yourself to thinking outside of the box only when inventing. Thinking outside the box when deciding how you can utilize information found in previous patent documents can increase the probability of success with How To Get An Idea Made Into A Prototype With Inventhelp as well as create other possible methods for making money. Here I will show you creative ways to utilize information found in previously issued patent documents including ways that could turn some good info into gold. I will not, however, show you every way possible way you can utilize the information in patent documents. You may think of new ways yourself that have never been thought of before. Let’s go ahead and have a look at four possible approaches to use information found in previously issued patent documents.
1. If you’re searching for a patent attorney or agent to help you using the patenting process, why not take down the names and address of lawyers or patent agents you find listed on patent document when performing a patent search. When the address is not given, conduct a Google type search with the information that is certainly listed. Obviously, just because a firm may have previously handled the patenting of your invention much like yours doesn’t necessarily mean they are right for you. Do you wish to know a good source for locating out whether you should look at utilizing the same law firm or patent agent? Think about talking to the inventor listed on the patent document? That’s right, call the inventor, introduce yourself and say, “I’m in the process of obtaining a patent upon an invention. I have been trying to find a good reputable agent to help me that can charge a good amount. I realize you used so-and-so. Can you recommend them?” In order to locate the contact details of the inventor utilize a people search tool such as http://www.whitepages.com. Remember that sometimes the inventors listed on the patent document are working on behalf of a company and had not been accountable for hiring the attorney or agent that handled the patent process. In this particular case, it would not really appropriate to make contact with the inventor. These types of arrangements as well as a possible method of identifying options are discussed in greater detail later.
2. From previous patents you can also compile a list of assignees that may be curious about licensing your invention. The assignee listed on the patent document is actually a person or company who has been not the inventor, but was issued ownership or part owner from the patent. Most patents that list assignees are the ones where inventor, or inventors work to get a company inside the company’s research and development department. Included in the employment contract, the company has ownership rights for any invention produced by the staff member. Patent documents that may involve this type of arrangement are sometimes simple to spot. Some possible signs are when several inventors are listed on the patent and when the invention is extremely technical. Unfortunately, it is sometimes hard to determine. If it’s not obvious, you just have to call and ask. Even if the assignee is really a company that includes a research and development department, it doesn’t mean which they would not be interested in licensing your invention. Because they have already shown that they are in business with products much like yours, they may also be adding Invent Help Invention Ideas with their product line. When the assignee is surely an individual, it’s hard to figure out why there was an assignment. You’ll never really know before you call and inquire. Compose a list of assignees and at the right time, don’t hesitate get in touch with them. If you do not possess a patent, prior to revealing any details about your invention ensure that you protect yourself having a non-disclosure or similar kind of protection agreement signed.
3. Believe it or not, probably the most valuable information you can find over a patent document is definitely the name and address in the inventor. (I’m talking about inventors that work in a private capacity and never being an employee of any company.) An inventor of a product comparable to yours can be a gold mine of information to suit your needs. A lot of people would be fearful of contacting the inventor considering them being a competitor, however i inform you, it really is worth the chance of obtaining the phone hung high on you. Besides, you would be surprised regarding how friendly most people actually are and how willing they are to provide you with advice and share their experiences. Tap to the knowledge they gained through their experience. You will see some people may not need to speak with you, but I’ll say it again, you’ll never know up until you ask! Should you opt to contact an inventor remember you might be there to collect information, not give information. When they start asking questions that you simply don’t feel at ease answering simple say something like “I know you’ll understand why I can’t share that information since i have do not have a patent as yet.” Many people will understand rather than be offended. You will find individuals who failed at achieving success using their invention and will try to discourage you. Here is where you must have a thick skin. Listen to the things they are saying, for they may share information with you that you should consider, but don’t let them steal your dream since they failed. The explanation for their failure may not apply to you. Incidentally, you may have the ability to capitalize off their failure. Read number four below and you will see the things i mean.
4. While carrying out a patent search, should it be found that someone else has received a patent on the idea, the tendency is for people to stop right there. However, finding a previous patent with an invention idea fails to necessarily mean the video game is over. The patent protection may be alive and well, but the inventor’s drive and enthusiasm for his or her invention may not really. They may have given up working to make money off their invention. Let me explain. Unfortunately, many people feel that once they get yourself a patent on the invention, the money will virtually start rolling in. They have got associated the idea of owning a patent to be similar to winning the lottery. Believe that all they have to do is obtain the patent, speak to a few big companies, license their patent to a single, then sit back and wait on the checks. When this will not happen, they see themselves confronted with needing to run the organization. This consists of investing in the manufacturing as well as the costs of promoting to say the least. Up against this thought, many people get discouraged and present up. There is no telling the amount of good inventions already patented are collecting dust in garages throughout America for this particular very reason. I’m speaking about inventions that have real possible ways to make tons of money if handled correctly. To help keep this from happening to you personally read “Collect Money with Your Invention, Not Dust” by Jack Lander. For inventions where inventor has cast aside, will it be easy to purchase the rights to this kind of invention for little money and market it yourself? You bet it might! Many people will be happy to just get back the price of their patent. Others may rather get a small part of the pie. I am talking about a really small piece. However, you will see people who would rather let the ship sink than let somebody else earn money off their baby.
Before speaking with someone about the rights with their invention, you must know the subsequent:
After receiving utility patents, maintenance fees are required to be paid in order to keep the patent protection from expiring. This is correct in the event the utility patent was issued on or after December 12, 1980. Maintenance fees are due no later than the end of years 4, 8 and 12 from the date the patent was issued for that patent protection to remain in force. If the maintenance fee will not be paid every time it is due, the patent protection will lapse and will not be in force. However, there exists a grace period following the due date where the maintenance fee can be paid, as well as other re-instatement fees, and also the patent protection will be reinstated.
So, if you find that Inventhelp Commercials has been previously patented or perhaps you find something which looks interesting to you personally, and you will have never seen it on the market, contact the inventor and discover what is happening. Be matter of fact about this. Tell anyone you may be interested in purchasing their patent and discover what it would take for them to assign it to you personally. Ensure they know you are a private individual and not a huge company. You may be amazed regarding the number of patents you can pick up. Anyway, I highly atgjlh hiring a lawyer to check to the status of the patent, cost of reinstatement, maintenance as well as other fees, prepare all contracts and advise on any patents you are looking at acquiring. I’m not an attorney and I’m not providing you with any legal or professional advice.
As I stated earlier, they are just several possible ways you can utilize information from patent documents. Don’t be confined to just the ways which are presented here. Use your imagination. Discover the gold that everyone else is overlooking!