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 someone 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 of 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 methods for earning money. Here I am going to show you creative methods to utilize information found in previously issued patent documents including methods 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 develop new ways yourself that have never been looked at before. Let’s go ahead and take a look at four possible methods to use information found in previously issued patent documents.
1. If you’re looking for a patent attorney or agent to assist you with all the patenting process, why not take down the names and address of law firms or patent agents you locate listed on patent document when conducting a patent search. If the address is not really given, conduct a Google type search with the information that is listed. Obviously, just since a firm may have already handled the patenting of an invention similar to yours doesn’t necessarily mean they may be right to suit your needs. Do you want to know a great source for locating out whether you should consider utilizing the same law firm or patent agent? Think about speaking to the inventor listed on the patent document? That’s right, call the inventor, introduce yourself and say, “I’m along the way of obtaining a patent upon an invention. I actually have been trying to find a good reputable agent to aid me that will charge a reasonable amount. I realize you used so-and-so. Can you recommend them?” In order to locate the contact info from the inventor use a people search tool such as http://www.whitepages.com. Be aware that sometimes the inventors listed on the patent document will work on behalf of a company and had not been accountable for hiring the attorney or agent that handled the patent process. In this case, it might not be appropriate to contact the inventor. These types of arrangements as well as a possible means of identifying them are discussed in greater detail later.
2. From previous patents you can also compile a listing of assignees that may be curious about licensing your invention. The assignee listed on the patent document is actually a person or company who had been not the inventor, but was issued ownership or part owner from the patent. Most patents that list assignees are the ones where the inventor, or inventors work for any company inside the company’s research and development department. Included in the employment contract, the company has ownership rights to any invention developed by the worker. Patent documents that may involve this type of arrangement are sometimes very easy to spot. Some possible signs are when several inventors are listed on the patent and when the invention is highly technical. Unfortunately, sometimes it is hard to find out. If it’s not obvious, you just have to call and inquire. Even in the event the assignee is actually a company that has a research and development department, it doesn’t mean that they would not be interested in licensing your invention. Because they already have shown that they are in business with products much like yours, they may also be adding Famous Inventors to their product line. In the event the assignee is surely an individual, it’s hard to figure out why there was an assignment. You’ll never really know until you call and inquire. Compose a list of assignees and also at the right time, don’t hesitate get in touch with them. Should you not possess a patent, prior to revealing any information regarding your invention ensure that you protect yourself having a non-disclosure or similar kind of protection agreement signed.
3. Truth be told, by far the most valuable information you can find on a patent document will be the name and address from the inventor. (I’m referring to inventors that work in a private capacity and never as an employee of any company.) An inventor of a product much like yours can be a gold mine of data to suit your needs. Most people would be fearful of contacting the inventor thinking about them being a competitor, however i tell you, it is actually worth the risk of obtaining the phone hung high on you. Besides, you will be surprised concerning how friendly many people actually are and just how willing they are to give you advice and share their experiences. Tap to the knowledge they gained through their experience. There will be some people may not want to talk to you, but I’ll say it again, you’ll never know until you ask! Should you do decide to contact an inventor remember you are there to gather information, not give information. When they start asking 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 have a patent as yet.” Many people will understand rather than be offended. You will come across individuals who failed at being successful making use of their invention and will make an effort to discourage you. This is when you must have a thick skin. Listen to the things they say, for they may share information with you that you will need to consider, but don’t let them steal your perfect given that they failed. The explanation for their failure may not pertain to you. By the way, you may be able to capitalize off their failure. Read number four below and you will see a few things i mean.
4. While performing a patent search, should it be found that somebody else has received a patent on the idea, the tendency is perfect for individuals to stop right there. However, choosing 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 their invention may not really. They may have abandoned trying to make money off their invention. Let me explain. Unfortunately, a lot of people feel that when they obtain a patent on the invention, the cash will virtually start rolling in. They have got associated the concept of owning a patent for being much like winning the lottery. They think all they must do is obtain the patent, talk to a few big companies, license their patent to 1, then sit back and wait on the checks. When this will not happen, they see themselves up against being forced to run the organization. This consists of spending money on the manufacturing and also the costs of advertising to say the least. Faced with this thought, some people get discouraged and give up. There is not any telling the number of good inventions already patented are collecting dust in garages all over America for this particular very reason. I’m speaking about inventions who have real possibility to make plenty of money if handled correctly. To maintain this from happening to you read “Collect Cash with Your Invention, Not Dust” by Jack Lander. For inventions in which the inventor has abandoned, will it be possible to buy the rights to this kind of invention for little money and market it yourself? You bet it could! Some individuals will be happy to just get back the price of their patent. Others may rather obtain a small part of the pie. I am speaking about an extremely small piece. However, there will be those who prefer to let the ship sink than let someone else make money off their baby.
Before speaking to someone regarding the rights for their invention, you must know the subsequent:
After receiving utility patents, maintenance fees are required to be paid in order to maintain the patent protection from expiring. This really is 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 from your date the patent was issued for your patent protection to keep in force. When the maintenance fee is not really paid each time it is due, the patent protection will lapse and can no longer be in force. However, there exists 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 How To Get A Us Patent On An Idea continues to be previously patented or else you find something that looks interesting to you personally, and you will have never seen it on the market, contact the inventor and learn what is going on. Be matter of fact about this. Tell the person you may be interested in purchasing their patent and learn what it would take so they can assign it for you. Ensure they know you happen to be private individual and not a large company. You may be amazed regarding how many patents you can pick up. Anyway, I highly atgjlh hiring legal counsel to check to the status from the patent, cost of reinstatement, maintenance as well as other fees, prepare all contracts and advise on any patents you are interested in acquiring. I’m not an attorney and I’m not giving you any legal or professional advice.
When I stated earlier, these are just a couple of 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!