Scientia Potentia Est., LLC (Charleston, SC)
According to an exemplary embodimentClick here to view the patent on USPTO website.
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What is a patent?
A patent is granted by the government to safeguard an invention patents give the inventor exclusive rights to develop, utilize, sell and promote the invention? Society gains when a new technology is brought into the marketplace. The benefits can be in direct terms, as it may allow people to do previously impossible things. Or indirectly through the economic opportunities (business growth and job opportunities) that innovation provides.
A lot of pharmaceutical companies and university researchers seek patent protection for their work and research. Patents are granted for products, processes, or method of creating new materials. In order to be granted protection under a patent, an invention must be useful or novel, as well as not readily apparent to anyone else in the same subject.
Patents are a way to give inventors a reward for commercially successful inventions. They provide a motivation for inventors to come up with new ideas. Small businesses and inventors are sure that they will earn a return on their investment in technology development via patents. They could earn a decent income through their work.
Patents are a crucial part of businesses with the ability to:
Protect innovative products and services;
Enhance the visibility and worth of your products on market
Differentiate yourself and your products from others.
Get business and technical details.
Avoid the danger of accidentally using proprietary third-party content, or losing important information, creative outputs, or another creative output.
Patents convert knowledge of the inventor into an asset that can be sold, which opens up new opportunities for job creation through joint ventures and licensing.
Investors involved in the development and commercialization of technology will find small companies with patent protection appealing.
Patents can lead to innovative ideas and inventions. This information could be protected by patents.
Patents can be used to stop untrustworthy third parties from making money from the invention’s efforts.
Patent-protected technology revenues that are commercially viable can be used to finance technology-related research and development (R&D), which will enhance the likelihood of improved technology in future.
You can leverage the intellectual property rights of your company to convince investors and lenders that your product has real commercial potential. One powerful patent may open the door for numerous financing options. Patents can be used in conjunction with other IP assets as collateral or security for financing. Investors can also see the patents you own to increase company valuation. Forbes and others have pointed out that each patent can increase the value of your company by as much as $500,000 to $1 million.
Start-ups require a well-constructed business plan that builds on the IP to show your product or service is distinctive, superior, or innovative. Investors are also impressed if you have IP rights are secured or are on the verge of being secured and they endorse your business strategy.
It is essential to keep your invention secret until you file for patent protection. Public disclosure of an invention before it is filed can typically degrade the novelty of an invention and render it patent-infringing. Pre-filing disclosures, such as for investors, test-marketing or other business partners should be done only after signing a confidentiality agreement.
There are numerous types of patents. Knowing them is essential to protect your invention. Patents for utility cover techniques and machines. Design patents cover ornamental designs. Patents for utility are the most effective since they protect the owner from copycats as well as other competition. Patents for utility are usually issued to improve or alter existing inventions. Patents issued under utility can be used to enhance or alter existing inventions. A process patent will describe the methods or actions of performing a particular act. But, a chemical composition will include a combination of ingredients.
How long does a patent last? Utility patents last 20 years after the earliest filing date, however, their expirations can be extended due to patent office delays, for example.
Are you looking to patent your ideas? Patents are only granted to the first-to-file applicants therefore you need to file your patent application quickly. Contact PatentPC today to file your patent application filed!
When you are writing an application for patents it is recommended to conduct an internet search for patents, since the search can provide an insight into the other applicants’ concepts. This can help you restrict the extent of your invention. In addition, you can learn about state of the technology in your area of invention. This will help you to comprehend the scope of your invention and prepare you for filing the patent application.
How to Search for Patents
A patent search is the first step in obtaining your patent. You can do a google patent search or do a USPTO search. Once the patent application is filed, the item covered by the application can be described as patent-pending. you will be able to locate the patent application on public pair. When the patent office is satisfied with your application, you will be able to conduct a patent number search to locate the issued patent. The product you are selling will become patented. Alongside the USPTO search engine, you can use other search engines like espacenet, as detailed below. It is possible to seek help from a patent attorney or patent attorney. In the US Patents are issued by the US trademark and patent office, or the United States patent and trademark office, which is also responsible for examining trademark applications.
Are you interested in finding similar patents? These are the steps you should follow:
1. Create a list of terms for your invention according to its function or composition.
Begin by writing down a brief detailed description of your idea. Do not use generic terms such as “device,” “process,” and “system.” Think about synonyms for the terms you picked initially. Next, take note of crucial technical terms and key words.
To help you identify terms and keywords, you can use the following questions.
- What is the objective of this invention? Is it a utilitarian device or an ornamental design?
- Is invention a way to come up with something or to perform a function? Or is it a product or process?
- What is the composition of the invention? What is the physical makeup of the invention?
- What’s the objective of the invention?
- What are the technical terms and phrases that define the nature of an invention? A technical dictionary can assist you to find the appropriate terms.
2. Use these terms to find pertinent Cooperative Patent Classifications for your invention at the Classification Text Search Tool. If you are unable to locate the appropriate classification for your invention, go through the class Schemas (class schedules). If you do not get results from the Classification Text Search, you might want to think about substituting the words that describe your invention with synonyms.
3. Examine 3. Go over the CPC Classification Definition to verify the accuracy of the CPC classification that you’ve found. The hyperlink to a CPC classification definition will be provided if the chosen classification title has a blue box that includes “D” on its left. CPC classification definitions can be used to identify the specific classification’s purpose, so you are sure to select the one you consider to be the most appropriate. The definitions could also contain search tips or other suggestions that can be useful for further investigation.
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 select the most relevant patent publications focussing first on abstract and the drawings that are representative.
5. This collection of patent publications is the best to look at for any connections to your invention. Pay attention to the claims and specifications. Refer to the applicant and patent examiner to obtain additional patents.
6. It is possible to find published patent applications that fit the CPC classification you chose in Step 3. It is also possible to use the same method of search that you used in step 4 to limit down your search results to only the most relevant patent applications by reviewing the abstracts and drawings on each page. Then, you must carefully review the patent applications that have been published, paying particular attention to the claims as well as additional drawings.
7. Find other US patents by keywords searching in PatFT and AppFT databases, classification search of non-U.S. patents as described below, and searching for non-patent patent disclosures in the literature of inventions using web search engines. Here are a few examples:
- 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.