Eugenie Technologies Private Limited (Mumbai, IN)
What is a Patent for Method and system for unsupervised anomaly prediction
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What is a patent?
Patents are granted by the government to safeguard an invention. The patent grants the inventor the rights to create, utilize and sell the idea. Society gains when new technology is introduced to market. The benefits can be realized immediately as people are able to achieve previously impossible feats, or indirectly through the opportunities for business growth that innovation offers (business expansion, job creation).
Patent protection is sought out by many universities and pharmaceutical companies for their research and development. Patents can be granted for products, processes, or method of creating new materials. To be granted patent protection the invention must be valuable unique, innovative, and not apparent to others in the same area.
Patents recognize and honor inventors who have commercially successful inventions. They are an incentive to inventors to create. Small companies and inventors can rest assured that they will get the most from their investment in the development of technology. They can earn money through their work.
Patents play a vital role in businesses with the ability to:
Make sure you protect your unique products and services
Increase the value, visibility, and attractiveness of your products market
Your business and your products should be distinguished from others;
Access technical and business knowledge and other information;
Avoid the danger of using proprietary third-party content, or losing your important information, creative outputs, or another creative output.
Patents transform inventor’s knowledge into an asset that can be sold, which opens up new opportunities for employment creation by licensing joint ventures and joint ventures.
Investors in the commercialization and development of technology may find small businesses with patent protection appealing.
Patents can spark new ideas and new inventions. This information could encourage innovation and may qualify for protection under patents.
Patents can be used to stop untrustworthy third parties from making money through the work of inventions.
Patent-protected technology that is commercially profitable could be used to finance technological research and development (R&D), which can increase the chance of better technology in future.
You can leverage the intellectual property rights of your company to convince lenders and investors that your product is a viable commercial value. A single patent could open the door for many financing opportunities. Patents can be used along with other IP assets as collateral or security to secure financing. Investors are also able to view your patent assets to boost the value of their company. Forbes and others have noted that each patent can increase anything from $500,000 to a million dollars in company valuation.
A well-crafted business plan is essential for start-ups. It must be based on IP and explain what your service or product stands out. Investors will also be impressed if your IP rights are secured or are on the verge of becoming secure, and if they agree with your business strategy.
It is crucial to protect an invention before submitting a patent application. Public disclosure of an invention prior to filing can often destroy its novelty and make it ineligible for patent protection. The filing of disclosures prior to filing, for example, for investors, test-marketing or any other business partners, should be done only after the signature of a confidentiality agreement.
There are a variety of patents. Knowing them is essential to protect your invention. Patents for utility cover methods and inventions made by machines. Design patents cover ornamental designs. Patents for utility are the best option and protect the owner against copycats and other competitors. Utility patents are often issued to improve or modify existing inventions. Utility patents also cover improvements and changes in existing inventions. A process patent would be a way to describe the actions or methods of performing a specific act. But, a chemical composition could be the combination of ingredients.
How long does a patent last? Utility patents last 20 years from the earliest filing dates, but their expirations may be extended because of delays at the patent office, for example.
Are you considering patenting your ideas? Patents are only granted to the first applicants to file so you must file quickly. Contact PatentPC now to have your patent application submitted!
A patent search is essential when you’re drafting the patent application. This allows you to see different ideas and provide insight into the potential of them. You’ll be able to narrow down the scope of your idea. Additionally, you’ll be able to learn about state of the art in your field of invention. You’ll get a better understanding of what your invention ought to be and be more prepared to submit your patent application.
How to Search for Patents
The first step in getting your patent is to perform an internet search for patents. You can do a google patent search or do a USPTO search. After the patent application has been submitted, the product that is covered by the application can be called patent-pending, and you will be able to locate the patent application on public pair. When the patent office is satisfied with your application, you’ll be able to do a patent number look to find the patent that was issued. Your product will then be patented. In addition to the USPTO search engine, you can use other search engines like espacenet, as detailed below. You can get help from an attorney who is a patent or patent attorney. Patents granted in the United States are granted by the US trademark and patent office, or the United States patent office and trademark office. The office also examines trademark applications.
Are you looking for similar patents? Here are the steps:
1. Think of terms that describe your invention, based on its purpose composition, use, or purpose.
Start by writing down a concise, precise description of your invention. Do not use generic terms such as “device,” “process,” and “system.” Instead, look for synonyms to the terms you chose initially. Next, take note of significant technical terms, as well as key words.
To help you recognize terms and keywords, you can use the following questions.
- What is the goal of the invention Is it a utilitarian device or an ornamental design?
- Is inventing a method to come up with something or to perform a function? Does it constitute an item?
- What is the basis of the invention? What is the physical makeup of the invention?
- What is the goal of this invention?
- What are the terms used in technical terminology and keywords that describe the nature of an invention? To find the appropriate terms, use a technical dictionary.
2. Use these terms to find pertinent Cooperative Patent Classifications for your invention at the Classification Text Search Tool. To determine the best classification for your invention, go through the classification’s class Schemes (class schedules). You may want to consider substituting the terms you’re using for describing your invention, if you fail to get any results from the Classification Text Search with synonyms similar to the words you used in Step 1.
3. Go through 3. Go over the CPC Classification Definition to verify the relevancy of the CPC classification that you have found. The link to the CPC classification definition is available in the event that the title of the classification is a blue square with a “D” on its left. CPC classification definitions can assist you in determining the classification’s boundaries so that you can pick the one that is the one that is most appropriate. These definitions may also include search tips or other suggestions which could prove useful in further research.
4. Get patent documents using the CPC classification from the Patents Full-Text and Image Database. By focusing on the abstracts and representative drawings, you can narrow down your search to find the relevant patent documents.
5. This collection of patent publication is the most appropriate to look at for any similarities to your idea. Be sure to read the claims and specifications. It is possible to find additional patents by consulting the patent examiner and applicant.
6. It is possible to find published patent applications that match the CPC classification you selected in Step 3. It is also possible to use the same search strategy that you used in step 4 to limit your search results down to just the most relevant patents by reading the abstracts as well as the drawings on each page. Then, you must carefully review the patent applications published, paying particular attention to the claims and additional drawings.
7. You can look up other US patent publications by keyword search in AppFT or PatFT databases, and also classification searching of patents not issued in the United States as per below. Additionally, you can make use of search engines on the internet to find non-patent documents that describe inventions in the literature. 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.