Perhaps you have a concept for a new product simmering in the back of your brain. You’ve done a few Google searches, but have not found anything similar. This will make you confident that you have stumbled upon the inventions. Every day inventors let me know they “haven’t found anything like it.” And while that’s a good beginning, most likely they haven’t been looking in the right places.
Before investing additional money and resources, it’s the right time to find out definitively when the invention is unique, determine when there is a industry for it, and explore how to make it better.
Inventors should do a search online having a goal of finding two or three competitive products. If they’re scared to perform the search, that’s a good thing, because in my experience, it usually means they’re on the right track.
You will find, the goal should be to find other products in the market which can be already trying to solve the same problem his or her invention. That shows that an answer is really needed. And if there is a requirement with a big enough population group, chances are they stand a significantly better probability of turning the invention into a profitable venture.
So inventors should go to a patent agent or patent attorney with samples of two or three other similar products, and after signing a retainer agreement (which establishes the agent/client relationship) the inventhelp intromark to the specifics of the item including drawings, mockups, or prototypes. Anyone who wishes to secure exclusive rights to market, produce, and utilize an invention which he made for a particular number of years must first secure a patent. A patent is definitely a specific form of document which contains the complete specifics of the terms and conditions set from the government so that the inventor can take full possession of the invention. The items in the document also offer the holder in the patent the right to be compensated should other individuals or organizations infringe on the patent in any respect. In this instance, the patent holder has the right to pursue court action up against the offender. The relation to possession will also be known collectively since the inventor’s “intellectual property rights.”
At this stage, the agent or attorney is going to do a far more thorough search in the U.S. Patent Office along with other applicable databases in the usa and internationally. These are determining if the invention is definitely unique, or if perhaps you can even find more, similar patented products.
Some inventors take into consideration doing the search from the Patent Office on their own, but there are several disadvantages in this plan. Their emotional attachment for the invention will cloud their judgment, and they can steer far from finding other getting a patent that are similar. Although odds are they have already identified a couple of other competitors, searching the U.S. Patent Office is actually a more intense process. From my experience with clients who may have done their own search, they have ignored similar products szwhnp happen to be patented because they can’t face the reality their idea isn’t as unique since they once think it is.
However, finding additional similar products does not necessarily mean that most is lost. The strategy changes to comparing the proposed invention using the patented one, and discussing approaches to improve it and make it patentable. An excellent patent agent or attorney will give you objective insight at this phase. The process is to accept the invention, ignore the parts that happen to be incorporated into another patent or patents, and the remainder is really a patentable invention. I focus on working with inventors to file patent applications for first time products or technology (including software), innovations within the insurance industry, and business processes.