Typically, the number one reason people conduct patent searches and read patent documents is to see 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. In case you have an idea 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 the best way to utilize information found in previous patent documents can increase the chances of success with How To Register A Patent In The USA as well as create other possible means of earning money. Here I am going to show you creative methods to utilize information found in previously issued patent documents including ways that could turn some information into gold. I will not, however, show you every way possible way you can make use of the information in patent documents. You may develop new ways yourself that have never been considered before. Let’s go ahead and have a look at four possible ways to use information found in previously issued patent documents.
1. If you’re looking for a patent attorney or agent that will help you using the patenting process, why not take down the names and address of lawyers or patent agents you locate listed on patent document when conducting a patent search. In the event the address is not given, conduct a Google type search with all the information which is listed. Obviously, just because a firm may already have handled the patenting of an invention much like yours doesn’t necessarily mean they may be right for you. Would you like to know an excellent source to find out whether you should consider utilizing the same law firm or patent agent? What about speaking with 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 on an invention. We have been looking for a good reputable agent to help me that will charge a fair amount. I understand you used so-and-so. Would you recommend them?” In order to locate the contact information in the inventor make use of a people search tool such as http://www.whitepages.com. Be aware that sometimes the inventors listed on the patent document are working for a company and was not responsible for hiring the attorney or agent that handled the patent process. In this particular case, it might not really appropriate to make contact with the inventor. These types of arrangements along with a possible means of identifying these 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 really a person or company who has been not the inventor, but was issued ownership or part owner of the patent. Most patents that list assignees are ones where the inventor, or inventors work for any company within the company’s research and development department. Within the employment contract, the company has ownership rights to the invention produced by the staff member. Patent documents that may involve this sort of arrangement are often easy to spot. Some possible signs are when several inventors are listed on the patent and once the invention is very technical. Unfortunately, sometimes it is hard to find out. If it’s not obvious, you just have to call and get. Even when the assignee is actually a company that has a research and development department, it doesn’t mean they would not be interested in licensing your invention. Given that they have already shown they are running a business with products much like yours, they may even be adding Product Ideas for their product line. If the assignee is definitely an individual, it’s hard to figure out why there was clearly an assignment. You’ll never really know up until you call and get. Make a list of assignees as well as at the right time, don’t be afraid to make contact with them. Unless you use a patent, prior to revealing any details about your invention ensure that you protect yourself having a non-disclosure or similar type of protection agreement signed.
3. Truth be told, probably the most valuable information you can find over a patent document is definitely the name and address in the inventor. (I’m referring to inventors that work in a private capacity rather than being an employee of the company.) An inventor of a product much like yours can be considered a gold mine of data for you. Most people would be fearful of contacting the inventor thinking about them as a competitor, however i let you know, it is actually worth the potential risk of getting the phone hung on you. Besides, you would be surprised regarding how friendly most people really are and exactly how willing they will be to offer you advice and share their experiences. Tap in to the knowledge they gained through their experience. There will be some individuals may not want to speak to you, but I’ll say it again, you’ll never know up until you ask! If you do opt to contact an inventor remember you might be there to gather information, not give information. When they start asking them questions that you simply don’t feel relaxed answering simple say something like “I know you’ll discover why I can’t share that information since I do not possess a patent as yet.” Most 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. This is when you need to have a thick skin. Tune in to whatever they say, for they may share information along with you that you should consider, but don’t let them steal your ideal since they failed. The reason for their failure may not affect you. Anyway, you may be able to capitalize off their failure. Read number four below and you will definitely see a few things i mean.
4. While carrying out a patent search, if it is found that someone else has received a patent on the idea, the tendency is made for men and women to stop right there. However, getting a previous patent upon an invention idea fails to necessarily mean the game is finished. The patent protection may be alive and well, however the inventor’s drive and enthusiasm for invention may not be. They may have abandoned trying to make money off their invention. Let me explain. Unfortunately, many people feel that once they get a patent on the invention, the cash will virtually start rolling in. They have associated the idea of having a patent to be much like winning the lottery. They believe all they need to do is have the patent, contact a few big companies, license their patent to one, then sit back and wait on the checks. If this does not happen, they see themselves confronted with being forced to run the business. This includes spending money on the manufacturing and the costs of marketing to say the least. Confronted with this thought, many people get discouraged and provide up. There is no telling how many good inventions already patented are collecting dust in garages around America for this particular very reason. I’m talking about inventions that have real possibility to make a lot 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 in which the inventor has given up, will it be possible to buy the rights to this type of invention for little money and market it yourself? You bet it would! Many people will be glad to just get back the expense of their patent. Others may rather get yourself a small piece of the pie. I am just referring to a very small piece. However, you will have those that would prefer to let the ship sink than let another person make money off their baby.
Before speaking to someone regarding 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 defense against expiring. This is true in the event the utility patent was issued on or after December 12, 1980. Maintenance fees are due no later compared to end of years 4, 8 and 12 through the date the patent was issued for the patent protection to stay in force. In the event the maintenance fee is not paid every time it is due, the patent protection will lapse and will no longer be in force. However, there is a grace period right after the due date in which the maintenance fee can be paid, together with other re-instatement fees, as well as the patent protection will be reinstated.
So, in the event that Invent Help Invention Ideas has been previously patented or else you find something which looks interesting to you, and you will have never seen it on the market, contact the inventor and discover what is going on. Be case of fact about this. Tell the person you may be curious about purchasing their patent and find out what it really would take to allow them to assign it to you personally. Make sure they know you happen to be private individual rather than a big company. You may be blown away concerning the number of patents you can pick up. Anyway, I highly atgjlh hiring an attorney to check in to the status in the patent, price of reinstatement, maintenance as well as other fees, prepare all contracts and advise on any patents you are interested in acquiring. I’m no attorney and I’m not giving you any legal or professional advice.
As I stated earlier, these are generally just several possible ways you can utilize information from patent documents. Don’t be restricted to just the methods that are presented here. Use your imagination. Get the gold which everybody else is overlooking!