Typically, the top reason people conduct patent searches and read patent documents is to determine if an invention idea has already been patented by someone else. 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 someone 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 the best way to utilize information found in the past patent documents can increase the probability of success with Patent Attorney 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 that could turn some information into gold. I will not, however, show you every way possible way you can utilize the information in patent documents. You may think of new ways yourself that have never been considered before. Let’s go ahead and have a look at four possible methods to use information found in previously issued patent documents.
1. If you’re looking for a patent attorney or agent to help you with all the patenting process, why not take down the names and address of lawyers or patent agents you discover listed on patent document when conducting a patent search. When the address will not be given, conduct a Google type search with the information which is listed. Obviously, just since a firm may have previously handled the patenting of the invention similar to yours doesn’t necessarily mean these are right for you personally. Do you wish to know a great source to find out whether you should think about utilizing the same law firm or patent agent? What about speaking with the inventor listed on the patent document? That’s right, call the inventor, introduce yourself and say, “I’m in the process of obtaining a patent with an invention. I actually have been searching for a good reputable agent to aid me that can charge a good amount. I realize you used so-and-so. Would you recommend them?” In order to discover the contact details in the inventor utilize a people search tool such as http://www.whitepages.com. Be aware 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 case, it might not be appropriate to make contact with the inventor. These kinds of arrangements as well as a possible method of identifying them are discussed in depth 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 actually 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 where the inventor, or inventors work for a company inside the company’s research and development department. As part of the employment contract, the company has ownership rights to the invention created by the employee. Patent documents that may involve this type of arrangement are often very easy to spot. Some possible signs are when several inventors are listed on the patent and when the invention is very technical. Unfortunately, it is sometimes hard to figure out. If it’s not obvious, you just must call and ask. Even in the event the assignee is actually 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 already shown they are running a business with products similar to yours, they may even be adding Invention Ideas with their product line. If the assignee is surely an individual, it’s hard to find out why there was an assignment. You’ll never really know up until you call and get. Create a list of assignees and also at the right time, don’t hesitate get in touch with them. Unless you have a patent, prior to revealing any information regarding your invention make sure to protect yourself by having a non-disclosure or similar kind of protection agreement signed.
3. Believe it or not, the most valuable information you can find on the patent document will be the name and address of the inventor. (I’m referring to inventors that work in a private capacity rather than as an employee of the company.) An inventor of a product comparable to yours can become a gold mine of data for you personally. A lot of people would be afraid of contacting the inventor considering them as being a competitor, having said that i tell you, it really is worth the risk of having the phone hung up on you. Besides, you will be surprised concerning how friendly a lot of people are really and exactly how willing they are to give you advice and share their experiences. Tap into the knowledge they gained through their experience. You will have many people may not want to talk to you, but I’ll say it again, you’ll never know before you ask! Should you choose to contact an inventor remember you might be there to collect information, not give information. Should they start asking 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.” A lot of people will understand and never be offended. You will find people that failed at becoming successful using their invention and definately will attempt to discourage you. This is when you should have a thick skin. Pay attention to what they say, for they may share information along with you that you really need to consider, but don’t let them steal your perfect since they failed. The reason for their failure may not apply to you. By the way, you may have the ability to capitalize off their failure. Read number four below and you may see the things i mean.
4. While carrying out a patent search, when it is found that somebody else has received a patent on the idea, the tendency is made for men and women to stop right there. However, finding a previous patent upon an invention idea fails to necessarily mean the game has ended. The patent protection may be alive and well, but the inventor’s drive and enthusiasm for invention may not be. They may have given up trying to make money off their invention. Let me explain. Unfortunately, many people feel that after they get yourself a patent on the invention, the money will virtually start rolling in. They have got associated the concept of possessing a patent for being comparable to winning the lottery. They think all they need to do is obtain the patent, talk to a few big companies, license their patent to one, then sit back and wait on the checks. When this will not happen, they see themselves confronted with being forced to run the company. This can include spending money on the manufacturing as well as the costs of advertising as you would expect. Confronted with this thought, some individuals get discouraged and give up. There is absolutely no telling the amount of good inventions already patented are collecting dust in garages around America with this very reason. I’m referring to inventions which have real potential to make a lot of money if handled correctly. To help keep this from happening for you read “Collect Money using Your Invention, Not Dust” by Jack Lander. For inventions where the inventor has abandoned, would it be easy to get the rights to this type of invention for little money and market it yourself? You bet it might! Many people will gladly just get back the price of their patent. Others may rather obtain a small piece of the pie. I am talking about a really small piece. However, there will be those who prefer to let the ship sink than let another person make money off their baby.
Before speaking with someone concerning the rights with their invention, you must understand the following:
After receiving utility patents, maintenance fees have to be paid in order to maintain the patent defense against expiring. This is correct when 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 through the date the patent was issued for that patent protection to keep in force. When the maintenance fee is not really paid every time it really is due, the patent protection will lapse and can no longer be in force. However, you will find a grace period after the due date in which the maintenance fee can be paid, along with other re-instatement fees, as well as the patent protection is going to be reinstated.
So, if you find that Inventhelp Phone Number has become previously patented or perhaps you find a thing that looks interesting to you, and you will have never seen it on the market, contact the inventor and discover what is happening. Be question of fact about this. Tell the individual you may be curious about purchasing their patent and discover exactly what it would take for them to assign it to you. Make certain they know you are a private individual and never a big company. You may be blown away regarding the number of patents you can pick up. Incidentally, I highly atgjlh hiring a lawyer to check in to the status in the patent, price of reinstatement, maintenance as well as other fees, prepare all contracts and advise on any patents you are considering acquiring. I’m not an attorney and I’m not offering you 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 limited to just the ways which are presented here. Be creative. Find the gold which everybody else is overlooking!