Maybe you have an understanding for a new product simmering in the back of your mind. You’ve done a few Google searches, but haven’t found anything similar. This will make you confident that you have stumbled upon the invent help. Every single day inventors let me know they “haven’t found anything like it.” And while that’s a good start, chances are that they have not 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 different, determine if you have a market for it, and explore how to make it better.
Inventors should do a search online having a goal of finding 2 or 3 competitive products. If they’re scared to do the search, that’s the best thing, because within my experience, it usually means they’re on the right track.
And yes, the objective ought to be to find other products in the market that are already attempting to solve exactly the same problem as his or her invention. That demonstrates that an answer is in fact needed. And if there is a necessity with a large enough group, they stand a much better possibility of turning the invention into a profitable venture.
So inventors should go to a patent agent or patent attorney with examples of 2 or 3 other similar products, and after signing a retainer agreement (which establishes the agent/client relationship) the file a patent to the specifics of the product including drawings, mockups, or prototypes. Anyone who would like to secure exclusive rights to promote, produce, and use an invention which he designed for a particular years must first secure a patent. A patent is a very specific form of document that contains the whole details of the terms and conditions set through the government so the inventor may take full possession from the invention. The contents of the document offer the holder in the patent the legal right to be compensated should other people or organizations infringe on the patent by any means. In this case, the patent holder has the right to pursue court action up against the offender. The terms of possession will also be known collectively since the inventor’s “intellectual property rights.”
At this stage, the agent or attorney can do a far more thorough search in the U.S. Patent Office and other applicable databases in america or internationally. These are determining if the invention is definitely unique, or maybe there are also more, similar patented products.
Some inventors take into consideration doing the search of the Patent Office by themselves, but there are several disadvantages in this plan. Their emotional attachment towards the invention will cloud their judgment, and they will steer away from finding other inventhelp store that are similar. Although chances are they may have already identified a couple of other competitors, searching the U.S. Patent Office is really a more intense process. From my experience with clients who have done their particular search, they have got ignored similar products szwhnp happen to be patented simply because they can’t face the reality that their idea isn’t as unique as they once think it is.
However, finding additional similar products does not necessarily mean that every is lost. The strategy changes to comparing the proposed invention using the patented one, and discussing ways to improve it and make it patentable. A great patent agent or attorney can provide objective insight around this phase. The procedure is to take the invention, ignore the parts that have already been integrated into another patent or patents, as well as the remainder is actually a patentable invention. I focus on utilizing inventors to file patent applications for first time products or technology (including software), innovations within the insurance industry, and business processes.