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What is a patent?
Granted by the government to protect an invention, patents give the inventor with exclusive rights to use, create to sell, and promote the invention? society gains when a new technology is introduced into the marketplace. The benefits can be realized directly when people can perform feats previously thought impossible and indirectly by the economic benefits which innovation can bring (business expansion, job creation).
Patent protection is demanded by a variety of universities and pharmaceutical companies for development and research. Patents can be granted to a product, process, or method of creating new materials. To be granted protection by patent, an invention must be useful, new and not apparent to others within the same subject.
Patents are awarded to inventors who have commercially viable inventions. They serve as a motivator for inventors to invent. Small businesses and inventors are sure that they will earn an income from their investment in technology development through patents. They could earn a living through their work.
Patents play essential roles in companies, and they can:
Create and protect the latest products and services;
Increase the visibility and value of your product’s presence on the market
Your business and your products should be distinguished from the rest;
Get technical and business information.
Avoid the danger of accidentally using third-party proprietary content, or losing your valuable data, original outputs, or another creative output.
Patents convert knowledge of the inventor into a valuable asset which creates new opportunities for employment creation by licensing joint ventures and joint ventures.
Small-scale businesses with patent protection are more attractive to investors involved in the development and commercialization of technology.
Patents can result in innovations and new ideas. This information can encourage creativity and could be eligible for protection under patents.
Patents can be used to deter non-trustworthy third parties who profit from an invention’s successes.
Patent-protected technology revenue that is commercially profitable could be used for financing technological research and development (R&D) that can increase the chance for better technology in the future.
Intellectual property ownership is a way to convince lenders and investors that there are legitimate opportunities to market your product. Sometimes, one patent can open the door to multiple financing options. Patents can be used along with other IP assets as collateral or security to secure financing. You can also show investors your patent assets to increase the value of your company. Forbes and others have noted that each patent could increase the value of a company by anything from $500,000 to $1 Million.
Start-ups need a well-constructed business plan that is built on the IP to show that your product or service is distinctive and innovative, superior, or superior. Additionally, investors will be impressed if you show that your IP rights are secure or is in the process of becoming secure and they align with your business strategy.
It is essential to keep an invention secret until you file to protect it with patents. The public divulging an invention could be detrimental to its originality and make it invalid. Pre-filing disclosures, such as for investors, test-marketing or any other business partners, must be done after signing a confidentiality contract.
There are many kinds of patents. Understanding them is crucial for protecting your invention. Utility patents cover new methods and inventions made by machines. Design patents cover ornamental designs. Utility patents are best to protect the proprietor from copies and competitors. Patents for utility are usually granted to improve or alter existing inventions. They can also be used to improve or alter existing inventions. For instance, a procedure patent covers acts or methods for performing one specific thing, whereas chemical compositions are a mixture of ingredients.
What is the average length of a patent? While utility patents are valid for 20 years from the date of their initial filing, they are able to be extended by delays in the Patent Office.
Do you want to protect your idea? Patents are granted only to applicants who file first, you need to start filing quickly. Call PatentPC to speak with a patent attorney PatentPC to patent your idea today!
A patent search is a must when you’re writing an application for patent. This will allow you to see other concepts and provide insights into them. This allows you to restrict the scope of your idea. In addition, you can learn about state of the technology in your field of innovation. This will assist you in know the extent of your invention as well as prepare you for filing your patent application.
How to Search for Patents
A patent search is the first step towards obtaining your patent. You can do a google patent search or do a USPTO search. Patent-pending refers to the product protected by the patent application. It is possible to search for the public pair to locate the patent application. After the patent office approves your application, you’ll be able to conduct a patent number search to identify the patent granted. Your product now has the potential to be patentable. It is also possible to use the USPTO search engine. See below for details. For assistance, consult an attorney for patents. Patents in the United States are granted by the US trademark and patent office, or the United States patent office. The trademark office also evaluates trademark applications.
Are you interested in similar patents? These are the steps:
1. Think of terms to describe your invention based on the purpose, composition and use.
Begin by writing down a brief detailed description of your invention. Don’t use generic terms such as “device”, “process,” or “system”. Think about synonyms for the terms you initially chose. Also, keep track of crucial technical terms and key words.
To help you find keywords and concepts, use the following questions.
- What’s the goal of this invention? Is it a utilitarian device or an ornamental design?
- Is inventing a method to come up with something or to perform an action? Does it constitute an item?
- What is the composition of the invention? What is the physical structure of the invention?
- What’s the point of the invention
- What are technical terms and phrases that define the characteristics of an invention? To help you find the appropriate terms, use the technical dictionary.
2. Use these terms to search for relevant Cooperative Patent Classifications on the Classification Text Search Tool. To find the best classification for your invention, look through the resulting classification’s class Schemes (class schedules). You may want to consider substituting the terms you’re using to describe your invention if you do not find any results in your Classification Text Search with synonyms such as the terms you used in Step 1.
3. Check the CPC Classification Definition for confirmation of the CPC classification you found. The hyperlink to a CPC classification definition is available in the event that the title of the chosen classification contains a blue box with “D” to the left. CPC classification definitions can help you determine the applicable classification’s scope , so you can choose the most relevant. Furthermore they can provide search tips and other suggestions which could be helpful to further study.
4. The Patents Full-Text Database and the Image Database allow you to find patent documents that are accompanied by the CPC classification. You can review and narrow down the most relevant patent publications looking first at abstract and representative drawings.
5. This list of patent publications is the best to examine for connections with your invention. Take note of the claims and specifications. There are many patents available through contacting the patent examiner and the applicant.
6. You can find the patent application that has been published and meet the CPC classification you selected in Step 3. It is also possible to use the same method of search that you used in Step 4 to narrow your search results down to just the most relevant patent applications by looking over the abstracts and drawings on each page. Next, carefully examine the published patent applications and pay particular attention to the claims and additional drawings.
7. You can search for additional US patent publications using keywords searching in the AppFT and PatFT databases, and also classification searching of patents that are not issued by the United States in the following table. Additionally, you can use web search engines to search non-patent literature disclosures about inventions. For instance:
- Add keywords to your search. Keyword searches may turn up documents that are not well-categorized or have missed classifications during Step 2. For example, US patent examiners often supplement their classification searches with keyword searches. Think about the use of technical engineering terminology rather than everyday words.
- Search for foreign patents using the CPC classification. Then, re-run the search using international patent office search engines such as Espacenet, the European Patent Office’s worldwide patent publication database of over 130 million patent publications. Other national databases include:
- European Patent Office (EPO) provides esp@cenet to access a network of Europe’s patent databases with access to machine translation of European patents.
- Japan Patent Office (JPO) – with access to machine translations of Japanese patents.
- World Intellectual Property Organization (WIPO) offers PATENTSCOPE with a full-text search of published international patent applications and machine translations for some documents, as well as a list of international patent databases.
- Korean Intellectual Property Rights Information Service (KIPRIS)
- State Intellectual Property Office (SIPO) with machine translation of Chinese patents.
- Other International Intellectual Property Offices with online patent databases include Australia, Canada, Denmark, Finland, France, Germany, Great Britain, India, Israel, Netherlands, Norway, Sweden, Switzerland, and Taiwan.
- Search non-patent literature. Inventions can be made public in many non-patent publications. It is recommended that you search journals, books, websites, technical catalogs, conference proceedings, and other print and electronic publications.
To review your search, you can hire a registered patent attorney to assist. A preliminary search will help one better prepare to talk about their invention and other related inventions with a professional patent attorney. In addition, the attorney will not spend too much time or money on patenting basics.