Typically, the number one reason people conduct patent searches and read patent documents is to find out 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. In case you have an idea for an invention then you are probability somebody that thinks outside of the box. Why stop there? Don’t limit yourself to thinking outside the box only when inventing. Thinking outside the box when deciding how you can utilize information found in previous patent documents can increase the chances of success with Inventhelp Corporate Headquarters as well as create other possible ways of earning money. Here I am going to show you creative methods to utilize information found in previously issued patent documents including ways in which could turn some information into gold. I will not, however, show you every possible way way you can utilize the information in patent documents. You may come up with new ways yourself that have never been looked at before. Let’s go on and take a look at four possible approaches to use information found in previously issued patent documents.
1. If you’re looking for a patent attorney or agent that will help you with the patenting process, why not take down the names and address of law offices or patent agents you find listed on patent document when conducting a patent search. When the address is not really given, conduct a Google type search with the information which is listed. Obviously, just because a firm may already have handled the patenting of your invention comparable to yours doesn’t necessarily mean these are right for you personally. Do you wish to know a good source for locating out whether you should think about using 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 along the way of obtaining a patent on an invention. I actually have been trying to find a good reputable agent to help me that can charge a good amount. I understand you used so-and-so. Could you recommend them?” In order to locate the contact info in the inventor make use of a people search tool like http://www.whitepages.com. Bear in mind that sometimes the inventors listed on the patent document will work for a company and had not been accountable for hiring the attorney or agent that handled the patent process. In this particular case, it could not appropriate to contact the inventor. These kinds of arrangements along with a possible means of identifying them are discussed in greater detail later.
2. From previous patents you can also compile a summary of assignees that may be curious about licensing your invention. The assignee listed on the patent document is 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 the ones in which the inventor, or inventors work for a company within the company’s research and development department. Included in the employment contract, the company has ownership rights for any invention created by the worker. Patent documents that may involve this kind of arrangement are sometimes very easy to spot. Some possible signs are when several inventors are listed on the patent and once the invention is highly technical. Unfortunately, sometimes it is hard to figure out. If it’s not obvious, you just must call and inquire. Even when the assignee is really a company that has a research and development department, it doesn’t mean which they would not be interested in licensing your invention. Because they have previously shown that they are in operation with products much like yours, they may also be adding Inventhelp Store Products for their product line. If the assignee is an individual, it’s hard to determine why there is an assignment. You’ll never really know before you call and inquire. Make a list of assignees as well as at the right time, don’t be afraid get in touch with them. Unless you have a patent, prior to revealing any information about your invention make sure to protect yourself having a non-disclosure or similar type of protection agreement signed.
3. Believe it or not, by far the most valuable information you can find on the patent document is definitely the name and address in the inventor. (I’m referring to 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 for you personally. Most people would be scared of contacting the inventor considering them as being a competitor, however i inform you, it is actually worth the potential risk of getting the phone hung up on you. Besides, you will be surprised regarding how friendly many people are really and how willing they will be to give you advice and share their experiences. Tap in to the knowledge they gained through their experience. You will have some individuals may not want to talk to you, but I’ll say it again, you’ll never know before you ask! If you do opt to contact an inventor remember you happen to be there to accumulate information, not give information. When they start asking questions that you don’t feel relaxed answering simple say something like “I know you’ll discover why I can’t share that information since i have do not possess a patent as yet.” Most people will understand and never be offended. You will come across people who failed at being successful using their invention and can attempt to discourage you. Here is where you must have a thick skin. Tune in to the things they are saying, for they may share information with you that you really need to consider, but don’t let them steal your dream since they failed. The reason behind their failure may not affect you. Anyway, you may have the ability to capitalize off their failure. Read number four below and you may see the things i mean.
4. While doing a patent search, when it is found that someone else has received a patent on the idea, the tendency is perfect for people to stop right there. However, finding a previous patent on an invention idea does not necessarily mean the video game has ended. The patent protection may be alive and well, but the inventor’s drive and enthusiasm for their invention may not really. They may have abandoned attempting to make money off their invention. Let me explain. Unfortunately, lots of people feel that once they get a patent on their invention, the cash will virtually start rolling in. They may have associated the idea of owning a patent for being comparable to winning the lottery. They think all they have to 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 fails to happen, they see themselves up against needing to run the organization. This includes investing in the manufacturing and the costs of marketing to say the least. Faced with this thought, some people get discouraged and give up. There is not any telling the amount of good inventions already patented are collecting dust in garages around America with this very reason. I’m speaking about inventions who have real possible ways to make plenty of money if handled correctly. To keep this from happening to you personally read “Collect Money using Your Invention, Not Dust” by Jack Lander. For inventions where the inventor has cast aside, will it be easy to buy the rights to this type of invention for little money and market it yourself? You bet it would! Some individuals will be glad to just get back the cost of their patent. Others may rather get a small part of the pie. I am speaking about a very small piece. However, you will see those that would rather let the ship sink than let somebody else make money off their baby.
Before talking to someone about the rights with their invention, you must know the following:
After receiving utility patents, maintenance fees must be paid in order to keep the patent defense against expiring. This is true if the utility patent was issued on or after December 12, 1980. Maintenance fees are due no later compared to the end of years 4, 8 and 12 from your date the patent was issued for that 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 no longer be in force. However, there exists a grace period right after the due date wherein the maintenance fee can be paid, together with other re-instatement fees, as well as the patent protection will likely be reinstated.
So, if you find that How To Get A Patent For An Idea continues to be previously patented or you find something which looks interesting for you, and you have never seen it on the market, contact the inventor and learn what is happening. Be question of fact about it. Tell the individual you may be curious about purchasing their patent and learn what it really would take for them to assign it to you. Make sure they know you are a private individual and never a big company. You may be amazed as to the number of patents you can pick up. By the way, I highly atgjlh hiring an attorney 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 no attorney and I’m not providing you with any legal or professional advice.
As I stated earlier, these are just a few possible ways you can utilize information from patent documents. Don’t be confined to just the ways that are presented here. Use your imagination. Get the gold that everyone else is overlooking!