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 another person. They totally ignore possible hidden treasures that may also be found in previously issued patent documents. If you have a concept for an invention then you are probability someone who thinks outside of 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 to utilize information found in previous patent documents can increase the chances of success with Invention Ideas Website as well as create other possible means of making money. Here I am going to show you creative approaches 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 possible way way you can make use of the information in patent documents. You may think of new ways yourself that have never been thought of before. Let’s go on and take a look at four possible methods to use information found in previously issued patent documents.
1. If you’re trying to find a patent attorney or agent that will help you using the patenting process, why not take down the names and address of law offices or patent agents you find listed on patent document when performing a patent search. In the event the address is not given, conduct a Google type search using the information that is listed. Obviously, just just because a firm may have previously handled the patenting of an invention comparable to yours doesn’t necessarily mean they are right for you personally. Do you want to know a good source for locating out whether you should think about utilizing the same law firm or patent agent? How about speaking with the inventor listed on the patent document? That’s right, call the inventor, introduce yourself and say, “I’m during this process of getting a patent on an invention. I actually have been looking for a good reputable agent to aid me that can charge a good amount. I realize you used so-and-so. Can you recommend them?” In order to find the contact details in the inventor use a people search tool such as http://www.whitepages.com. Bear in mind that sometimes the inventors listed on the patent document work on the part of a company and had not been responsible for hiring the attorney or agent that handled the patent process. In this particular case, it could not be appropriate to contact the inventor. These kinds of arrangements along with a possible means of identifying them are discussed in more 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 a person or company who was not the inventor, but was issued ownership or part owner of the patent. Most patents that list assignees are the ones in which the inventor, or inventors work to get a company inside the company’s research and development department. As part of the employment contract, the company has ownership rights to the invention developed by the staff member. 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 so when the invention is highly technical. Unfortunately, it is sometimes hard to figure out. If it’s not obvious, you just must call and inquire. Even when the assignee is a company that has a research and development department, it doesn’t mean which they would not be curious about licensing your invention. Because they already have shown they are in business with products comparable to yours, they may additionally be adding Inventhelp Success to their product line. If the assignee is surely an individual, it’s hard to determine why there is an assignment. You’ll never really know up until you call and ask. Compose a list of assignees and also at the right time, don’t hesitate to make contact with them. Unless you use a patent, before revealing any information regarding your invention ensure that you protect yourself by having a non-disclosure or similar form of protection agreement signed.
3. Truth be told, 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 any product similar to yours can be considered a gold mine of data for you personally. Most people will be scared of contacting the inventor considering them as a competitor, however i inform you, it really is worth the risk of obtaining the phone hung up on you. Besides, you will be surprised as to how friendly most people are really and how willing they are to provide you with advice and share their experiences. Tap in to the knowledge they gained through their experience. You will have some individuals may not need to talk to you, but I’ll say it again, you’ll never know before you ask! Should you do opt to contact an inventor remember you are there to accumulate information, not give information. Should they start asking them questions that you simply don’t feel comfortable 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 come across individuals who failed at achieving success with their invention and can try to discourage you. This is where you need to have a thick skin. Listen to what they say, for they may share information together with you that you really need to consider, but don’t let them steal your ideal given that they failed. The reason for their failure may not pertain to you. Incidentally, you may be able to capitalize off their failure. Read number four below and you may see the things i mean.
4. While carrying out a patent search, should it be found that someone else has now received a patent on the idea, the tendency is for people to stop right there. However, getting a previous patent with 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 really. They may have given up working to make money off their invention. Let me explain. Unfortunately, a lot of people believe that once they obtain a patent on their invention, the money will virtually start rolling in. They may have associated the concept of having a patent to be similar to winning the lottery. They think all they need to do is get the patent, talk to a few big companies, license their patent to 1, then sit back and wait on the checks. When this does not happen, they see themselves faced with having to run the company. This can include investing in the manufacturing as well as the costs of advertising to put it mildly. Up against this thought, many people get discouraged and provide up. There is no telling the amount of good inventions already patented are collecting dust in garages around America with this very reason. I’m speaking about inventions that have real possibility to make a lot of money if handled correctly. To keep this from happening to you read “Collect Cash with Your Invention, Not Dust” by Jack Lander. For inventions where the inventor has abandoned, will it be easy to get the rights to this kind of invention for little money and market it yourself? You bet it might! Many people will be glad to just get back the cost of their patent. Others may rather get a small piece of the pie. I am just speaking about a really small piece. However, you will have people who would prefer to let the ship sink than let somebody else make money off their baby.
Before speaking with someone about the rights with their invention, you need to understand the following:
After receiving utility patents, maintenance fees are required to be paid in order to help 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 compared to end of years 4, 8 and 12 from your date the patent was issued for the patent protection to stay in force. If the maintenance fee is not paid each time it is due, the patent protection will lapse and definately will not be in force. However, there exists a grace period after the due date in which the maintenance fee can be paid, as well as other re-instatement fees, and also the patent protection will likely be reinstated.
So, if you find that How To Get A Patent On An Idea continues to be previously patented or perhaps you find something which looks interesting for you, and you have never seen it on the market, contact the inventor and learn what is going on. Be matter of fact regarding it. Tell the individual you may be curious about purchasing their patent and learn what it would take to allow them to assign it to you personally. Make certain they know you happen to be private individual and not a big company. You may be blown away as to the number of patents you can pick up. Incidentally, I highly atgjlh hiring an attorney to check to the status from the patent, price of reinstatement, maintenance and other fees, prepare all contracts and advise on any patents you are considering 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 restricted to just the methods which are presented here. Be creative. Get the gold that everybody else is overlooking!