Why Patent An Idea
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Statistics say that for every idea that you have, 200 people world wide would have the thought of the same idea! So that puts an end to the myth of originality. In such circumstances its always advisable to put your idea in record in your name. So go in for an idea patent. Otherwise you have no claim to ownership of the idea, service or product you've worked on.
But unfortunately you canít just patent your idea. You need a working prototype before it can be patented.
A good idea is usually an improvement on something well-known. A good idea is almost always a solution to a widely known problem. You can set up questions about what people don't like about the old thing and what kinds of solutions other people have proposed to solve the known problem.
Preliminary steps before applying for an idea patent.
First of all keep your big idea a secret. Donít let the cat out of the bag. If you do tell some one sign a Confidentiality Agreement first.
Search your idea well. Someone may have already patented your idea before. In that case it will be months of useless work & toil for you. In case you do come across someone who has patented the idea before, go through their design well. Your design may be an improvement upon the old design. Even then you could patent itÖwith some professional help.
Remember you are patenting your product to make a profit. Do some market research on it. The product or a kind of it may already be in the market, or maybe there is no demand in the market for your product. Ironically, the presence of a product similar to yours in the markets indicates a demand for your kind of product in the market.
From a detailed drawing of your idea, to a working model, your patent information plan will need prototyping to discover the building challenges you will face. Prototyping need not be expensive. Large product developments are often conceived on a computer design system. Search the Internet for prototype manufacturers and developers. Consider contacting associations in your industry for prototype company leads.
From the time of your idea inception, to the final stages of product shipment, you will need help. Surround yourself with knowledgeable and successful people. Have a patent attorney as well as assistance from other professionals like an accountant. Choose your professionals well.
Spend time on your patent information plan determining who will sell your product? Many new entrepreneurs and inventors assume they can just license their idea to a big company. Corporations take only a small percentage of outside inventions.
Be prepared to have alternatives. Be open to new distribution channels. The inventor of "Jones Soda" first used tattoo parlors as a distribution point until he built a loyal following.
Do not forgo the licensing route. No. The process of submitting your product idea to a large company can expose you to the level of rigor your idea needs. It may also expose you to new demands.
Get professional help to apply for a patent, from searching ,to application preparation to filing and finally to later protecting your interests, professional help is always advised.
Remember, the level of success achieved in the end depends on all the hard work you put into your research and development.
About the Author
Mansour Ahmadshahi is a patent attorney. His area of practice is Intellectual Property Laws including Patent Prosecution and Litigation, Trademarks, Copyrights, and Unfair Business Practices. Mansour Ahmadshahi is highly qualified with both a Master of Science and Ph.D. degree. He received his Juris Doctor in 2001 from Western State University College of Law.For more information on patents visit his website at http://www.mmapatentattorney.com.
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Article Published/Sorted/Amended on Scopulus 2006-12-05 01:43:02 in Legal Articles