You might have an idea for a new product simmering in the back of your mind. You have done a couple of Google searches, but haven’t found anything similar. This makes you confident that you have discovered the NEXT BIG THING. Every day inventors tell me they “haven’t found anything like it.” Even though that’s an excellent start, most likely they haven’t been looking within the right places.
Before investing additional money and resources, it’s the best time to learn definitively when the Inventhelp Headquarters is exclusive, determine if you have a market for it, and explore steps to make it better.
Inventors should perform a search online having a goal of finding two or three competitive products. If they’re scared to perform the search, that’s the best thing, because in my experience, it usually means they’re on the right track. Patent issued by PTO based on Invention has to be Novel, Non-obviousness and Industrial applicability; the majority of the countries are giving straight to patentee to make, using, selling, or distributing the patented invention for 20 years duration through the date of file. But, full rights acquire from your date of grant.
Patent holder can also enjoy his full rights from date of grant to till term completion (i.e 20 years from your date of first filing date.). Patent holder have straight to enjoy his rights, at the same time patentee can surrender his patent to PTO before term completion under certain conditions; this is called Surrender or Nullity of patent.
A patent might be surrendered by patentee whenever you want with an application in prescribed format, be a total surrender or restricted to a number of claims from the patent. In this situation the Controller will publish the offer within the Official journal.
And yes, the goal must be to find other products in the market which can be already wanting to solve exactly the same problem his or her invention. That demonstrates that a solution is in fact needed. And when there is a requirement by way of a big enough group of people, they stand a significantly better probability of turning the invention in to a profitable venture.
So inventors should check out a patent agent or Patent Attorney with examples of two or three other similar products, and after signing a retainer agreement (which establishes the agent/client relationship) the discussion turns for the details of the product including drawings, mockups, or prototypes. Anyone who would like to secure exclusive rights to promote, produce, and utilize an invention which he created for a certain years must first secure a patent.
At this time, 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 america and/or internationally. They may be determining if the invention is actually unique, or if perhaps there are even more, similar patented products.
Some inventors think about doing the search of the Patent Office on their own, but there are several disadvantages in this course of action. Their emotional attachment to the invention will cloud their judgment, and they can steer from finding other products which are similar. Although chances are they have already identified a few other competitors, searching the U.S. Patent Office is a more intense process. From my experience with clients who have done their very own search, they have ignored similar products which happen to be patented because they can’t face the reality that the idea isn’t as unique as they once think it is.
However, finding additional similar products does not mean that most is lost. The strategy changes to comparing the proposed invention with the patented one, and discussing ways to improve it to make it patentable. A Invention Ideas will give you objective insight at this phase. The process is to accept invention, disregard the parts that happen to be integrated into another tkjyax or patents, as well as the remainder is actually a patentable invention. I specialize in dealing with inventors to file patent applications for brand new products or technology (including software), innovations inside the insurance industry, and business processes.