You might have an idea for a new product simmering in the back of your brain. You’ve done a couple of Google searches, but have not found anything similar. This will make you confident that you have stumbled upon the inventions ideas. Each day inventors tell me they “haven’t found anything like it.” And even though that’s a good beginning, most likely they have not been looking within the right places.
Before investing additional money and resources, it’s the best time to find out definitively in the event the invention is exclusive, determine when there is a marketplace for it, and explore how you can make it better.
Inventors should perform a search online with a goal of finding 2 or 3 competitive products. If they’re scared to do the search, that’s the best thing, because in my experience, it usually means they’re on the right track.
And yes, the aim ought to be to find other products on the market which are already attempting to solve the same problem as their invention. That demonstrates that an answer is really needed. And if there is a requirement with a large enough group of people, they stand a much better chance of turning the invention in to a profitable venture.
So inventors should go to a patent agent or patent attorney with examples of two or three other similar products, and after signing a retainer agreement (which establishes the agent/client relationship) the technology for the specifics of the product including drawings, mockups, and/or prototypes. Anyone who wants to secure exclusive rights to promote, produce, and make use of an invention he created for a certain number of years must first secure a patent. A patent is definitely a specific kind of document which contains the entire information on the stipulations set by the government so the inventor will take full possession in the invention. The valuables in the document also offer the holder of the patent the legal right to be compensated should others or organizations infringe on the patent by any means. In this instance, the patent holder has the legal right to pursue court action from the offender. The relation to possession will also be known collectively as the inventor’s “intellectual property rights.”
At this stage, the agent or attorney will do a much more thorough search from the U.S. Patent Office as well as other applicable databases in the usa or internationally. These are determining if this type of invention is indeed unique, or if perhaps you can even find more, similar patented products.
Some inventors take into consideration doing the search of the Patent Office independently, but there are several downsides to this course of action. Their emotional attachment to the invention will cloud their judgment, and they will steer from finding other InventHelp Invention Marketing which can be similar. Although odds are they may have already identified a couple of other competitors, searching the U.S. Patent Office is actually a more intense process. From my experience with clients that have done their very own search, they have got ignored similar products szwhnp have been patented simply because they can’t face the veracity that their idea isn’t as unique since they once thought it was.
However, finding additional similar products does not mean that most is lost. The strategy changes to comparing the proposed invention with the patented one, and discussing approaches to improve it making it patentable. An excellent patent agent or attorney will provide objective insight at this phase. The process is to take the invention, disregard the parts that have already been included in another patent or patents, as well as the remainder is really a patentable invention. I concentrate on dealing with inventors to submit patent applications for new products or technology (including software), innovations in the insurance industry, and business processes.