Apple Inc. (Cupertino, CA)
What is a Patent for Multiple users are managed through one device. Multiple users can be managed on one electronic.
Secure elements can be integrated into mobile electronic devices, including cellular phones, laptop computers, in order to facilitate secure transactions between the user and other entities (e.g. an online merchant). These types of communications are typically associated with business transactions or data transactions that require the electronic device access to a native payment credential (e.g., an account number for credit cards) on the secure element. However it is often to be inefficient.Click here to view the patent on USPTO website.
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What is a patent?
Granted by the government to protect an invention patents grant the inventor with the exclusive right to create, use the invention, market and promote the invention? society gains when a new technology is brought to the market. These benefits may be directly realized by people who are able to accomplish feats previously unattainable and indirectly by the economic benefits which innovation can bring (business expansion, job creation).
Many drug firms and university researchers are seeking patent protection for their work and research. Patents are granted for a product, process, or method of creating new materials. Patent protection must be granted to any invention that is valuable unique, innovative, and not previously known to others in the same area.
Patents reward inventors who have commercially viable inventions. They act as a motivator for inventors to create. Patents enable entrepreneurs and inventors to know that there is an excellent chance that they will get a profit on their time, effort, and money invested in the development of technology. This means they will be able to make a living by their work.
Patents are a crucial part of firms and can be used to:
Create and protect the latest products and services;
Enhance the visibility and worth of your products on market
Differentiate yourself and your products from the rest.
Access technical and business knowledge and information;
Beware of accidentally using content from third parties or loosing valuable information, original outputs, or any other creative output.
Patents convert knowledge of the inventor into a valuable asset that opens new avenues to create jobs through joint ventures and licensing.
Investors involved in the commercialization and development of technology will find small companies with patent protection to be more attractive.
Patenting can generate new ideas and new inventions. This information can promote the development of new ideas and may be eligible for patent protection.
Patents are a way to prevent untrustworthy third parties from profiting from the invention’s efforts.
The profits from technology patents that are successful and commercially viable could be used to finance technological research and development (R&D) that will increase the chance of better technology in the near future.
Intellectual property ownership can be used to convince lenders and investors that there are genuine opportunities to commercialize your product. Sometimes, a powerful patent can open the door to multiple financing options. Patents as well as other IP assets can be used as collateral or as security for debt financing. Investors may also look at the patents you own to boost the value of their company. Forbes and others have noted that every patent can boost the value of a company by anything from $500,000 to $1 million.
A well-constructed business plan is vital for startups. It should be based on IP and show what your service or product stands out. Additionally, investors will be impressed when you show that your IP rights are secure or are in the process of becoming secure and that they are in line with your business strategy.
It is crucial to keep an invention secret prior to filing for patent protection. Public disclosure of an invention before it is filed could often erode its originality and render it unpatentable. Therefore, prior filing disclosures (e.g., for test-marketing investors, test-marketing, or any other business partners) should only be filed following the signing of a confidentiality agreement.
There are many kinds of patents, and understanding them is essential to protecting your invention. Patents for utility cover methods and inventions made by machines. Design patents cover ornamental designs. Utility patents are the most beneficial as they protect the owner from copycats as well as other competitors. Utility patents are often granted to enhance or modify existing inventions. Patents issued under utility can be used to enhance or alter existing inventions. For instance, a process patent will cover acts or methods of doing one specific thing, whereas chemical compositions will comprise a mixture of components.
What is the length average of patents? Patents that are utility-related last for 20 years from the initial date of filing, however their expiration dates can be extended due to delays at the patent office, for example.
Are you considering patenting your ideas? Since patents are only granted to first-time applicants, you need to make your application quickly. Contact PatentPC to speak with a patent attorney PatentPC to patent your idea now!
When you are writing a patent application it is recommended to conduct an internet search for patents, since it will provide you with an insight into the other applicants’ ideas. It will help you narrow down the nature of your idea. Additionally, you’ll be able to discover the latest art in your field of innovation. You’ll get a better understanding of what your invention ought to be, and you’ll be better prepared to write your patent application.
How to Search for Patents
Patent searches are the very first step towards obtaining your patent. You can do a google patent search or do a USPTO search. Patent-pending refers to the product covered by the patent application. You can use the public pair to find the patent application. Once the patent office approves the patent application, you can do a patent number search to locate the granted patent. Your product will now be patented. Alongside the USPTO search engine, you may also use other search engines such as espacenet as described below. A patent lawyer or patent attorney can help you through the process. Patents granted in the United States are granted by the US trademark and patent office, or the United States patent office. This office also reviews trademark applications.
Are you interested in finding other similar patents? These are the steps to follow:
1. Brainstorm terms that describe your invention based on its purpose, composition, and use.
Write down a brief detailed description of the invention. Avoid using generic terms like “device”, “process,” or “system”. Consider synonyms for the terms you chose initially. Then, take note of important technical terms and keywords.
Use the questions below to help you determine keywords or concepts.
- What’s the goal of the invention? Is it a utilitarian device or an ornamental design?
- Is the invention a way of creating something or carrying out an action? Are you referring to an item?
- What is the structure of the invention? What is the physical structure of the invention?
- What’s the objective of this invention?
- What are technical terms and phrases that define the characteristics of an invention? A technical dictionary can help you identify the correct terms.
2. These terms will allow you to find relevant Cooperative Patent Classifications at Classification Search Tool. To find the most appropriate classification to your invention, go through the classification’s class Schemes (class schedules). If you don’t get any results using the Classification Text Search, you may consider replacing your words to describe your invention with synonyms.
3. Examine the CPC Classification Definition to confirm the validity of the CPC classification you’ve found. If the selected classification title is a blue box that has a “D” on its left, the link will lead you to the CPC classification description. CPC classification definitions can help determine the relevant classification’s scope and therefore you’re sure to select the most relevant. In addition, these definitions can include some tips for searching and other information that could be useful for further research.
4. The Patents Full-Text Database and the Image Database allow you to retrieve patent documents that include the CPC classification. You can look through and narrow down the most relevant patent documents by looking first at abstract and representative drawings.
5. Use this selection of the most relevant patent publications to look at each in detail for similarities to your idea. Be aware of the claims and specifications. You may find additional patents by consulting the patent examiner and the applicant.
6. It is possible to find published patent applications that match the CPC classification you selected in Step 3. You can use the same strategy of searching in Step 4 to narrow your search results down to the most relevant patent applications through the abstract and representative drawings on each page. After that, you must review all published patent applications carefully, paying special attention to the claims, and other drawings.
7. Locate additional US patent publications by keywords in the PatFT or AppFT databases, classification searching of non-U.S. patents as per below, and searching for non-patent patent disclosures in the literature of inventions using internet search engines. 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.