Protecting Your Ideas in a Knowledge Based Economy

Posted by Robb Evans on Monday, February 17, 2020 at 9:02 AM


Inventors around the world come up with thousands of great ideas every second. Most of these will go by the wayside; but, a precious handful will be put on paper and pushed forward. These products and services provide solutions to a wide range of needs, and the first need inventors must consider is the requirement to protect their idea from thieves eager to profit from their hard work. Otherwise, inventors can spend years and considerable resources fighting patent infringement and licensing claims. As the s…

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Protecting Your Ideas in a Knowledge Based Economy

Posted by Robb Evans on Monday, February 17, 2020 at 9:02 AM


Inventors around the world come up with thousands of great ideas every second. Most of these will go by the wayside; but, a precious handful will be put on paper and pushed forward. These products and services provide solutions to a wide range of needs, and the first need inventors must consider is the requirement to protect their idea from thieves eager to profit from their hard work. Otherwise, inventors can spend years and considerable resources fighting patent infringement and licensing claims. As the s…

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Understanding Patent Infringement and Your Options

Posted by Robb Evans on Thursday, February 13, 2020 at 1:59 PM


Patent infringement isn't something that happens to other companies; it's something our patent consulting firm sees happening to every company. Whether it is an established company infringing a patent, or an upstart copycat, patent infringement can sink your bottom line. Worse still, substandard craftsmanship or flaws in the design can negatively affect the consumer's perception of the product, which can result in long-term damage to your company's reputation. When patent infringement occurs, your company m…

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Reflecting on the Last 20 Years in Patents: An Analysis in 5 Charts

Posted by Robb Evans on Monday, February 3, 2020 at 1:19 PM


With the advent of a new decade, many of us are looking back at the last ten years to understand how things have changed and how things may continue into the future. Thanks to the USPTO, we have some fairly interesting statistics about patent filings, which can offer some clarity about the future of intellectual property protection in the country. Here’s a snapshot of some trends that we’ve seen since 2000, and some insights to help you understand what is going on behind the changing numbers. One brief not…

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How a Utility Patent Protects the Ideas of Inventors

Posted by Robb Evans on Monday, January 27, 2020 at 9:24 AM


Approximately 90% of all applications submitted to the United States Patent and Trademark Office (USPTO) are for a utility patent. These applications include everything from machinery to manufacturing methods. Inventors can apply for a patent on a new invention, or as an improvement on an existing product or process. Indeed, the definitions are deliberately broad, which gives inventors considerable latitude to apply for a patent and protect their idea. The Basics of Filing a Utility Patent The invention m…

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What Occurs When You Don't Pay a Patent Maintenance Fee?

Posted by Robb Evans on Monday, January 20, 2020 at 8:25 AM


Many people mistakenly believe that the receipt of a patent is the final step in the process of protecting their creation. It's not. The fact is that to maintain the patent, the United States Patent & Trademark Office (USPTO) requires patent holders to pay patent maintenance fees at intervals of 42, 90, and 138 months. Failure to pay these fees results in the expiration of the patent. It is a common mistake, and it can have devastating financial consequences for individuals and business entities. Paten…

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Discover How to Secure a Foreign Patent

Posted by Robb Evans on Friday, January 17, 2020 at 8:56 AM


There is a big world out there filled with opportunities for enterprising entrepreneurs. Whether you plan to expand overseas or want to protect your product from copycats on foreign shores, it is advisable to conduct a foreign patent search as soon as possible. Conducting an international patent search helps ensure you are not copying someone else's idea as much as it prevents others from copying your ideas and marketing them as their own. Much like the process of securing a patent from the United States P…

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Discover How to Secure a Foreign Patent

Posted by Robb Evans on Friday, January 17, 2020 at 8:56 AM


There is a big world out there filled with opportunities for enterprising entrepreneurs. Whether you plan to expand overseas or want to protect your product from copycats on foreign shores, it is advisable to conduct a foreign patent search as soon as possible. Conducting an international patent search helps ensure you are not copying someone else's idea as much as it prevents others from copying your ideas and marketing them as their own. Much like the process of securing a patent from the United States P…

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Patent Novelty 101: What Inventors Need to Keep in Mind

Posted by Robb Evans on Monday, January 13, 2020 at 10:38 AM


Your invention or idea must be novel to receive a patent. It must include at least one inventive step, and it must have a useful purpose. This is known as patent novelty, and it is one of the first things any inventor must consider before filing a patent application. The reality is that the concept of patent novelty isn't as abstract as it may first appear. Novelty = Not Public The invention must be new and unknown to the public. This means that it can't exist in the marketplace. It can't be included with…

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Patent Licensing 101

Posted by Robb Evans on Thursday, December 26, 2019 at 9:21 AM


There are many ways an inventor can bring their product to market. Some choose to create a company around their product and sell it directly, some sell it to a company to take over the production process for them, and others license their patent. In this blog post, we will discuss what licensing is and what an inventor needs to know about licensing benefits, contracts, and financial opportunity.    Patent Licensing and Its Benefits  Patent licensing is where you license your patented product to a company …

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5 Cheery Christmas Patents

Posted by Robb Evans on Thursday, December 19, 2019 at 8:53 AM


The Christmas season evokes warm feelings of spending time with family, drinking delicious eggnog, shopping for and opening presents, and more. While it may seem like the Christmas decor section in stores gets more overwhelming each year, here are 5 holiday patents that are sure to bring joy this season.    Artificial Christmas Tree Christmas trees fill our homes with a festive look during the holidays, but it wasn’t until the chopping down of those trees in Germany started seriously depleting the forest …

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Four Questions to Consider When Buying a Patent

Posted by Robb Evans on Monday, December 16, 2019 at 9:10 AM


Companies like yours are constantly on the lookout for new ideas from budding entrepreneurs to bring to market. One way to do that is through the purchase of a patent. But before you take the leap, here are four questions to ask and consider. What is the patent’s status? Most inventors apply for a patent at some point in the idea process, and the earlier, the better, since many patents take years to get approved. Before you decide to purchase a patent from someone, make sure that they have a paten…

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How Selling Your Patent Can Boost a Struggling Idea

Posted by Robb Evans on Tuesday, December 10, 2019 at 8:33 AM


The classic dream for many inventors is that when their patent gets approved, they will bring their product to market and sell it to enthusiastic customers. While this is a great dream and goal to have, not all inventors get there. That doesn't necessarily mean that the invention is a bad idea! Many factors contribute to the success or failure of an idea. If you find yourself in this position, it may be wise to sell the patent. Here, we’ll break down why your invention may not be performing as you wish and …

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Protect Your Idea From Theft Before Filing a Patent Application

Posted by Robb Evans on Wednesday, November 27, 2019 at 8:39 AM


No one wants their idea to be stolen. However, as a budding inventor, it's tempting to simply tell everyone about your idea. There are ways to make sure that your idea is kept safe and it’s up to you to choose which route you’re ready to take. Here are three ways to make sure that your idea doesn’t get stolen before you’ve filed a patent application. Publish Your Work This method may seem counter productive, but it is arguably the best way to truly protect your idea before filing a patent. But it comes wi…

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Investors: How Monitoring Trending Patents Can Benefit You

Posted by Robb Evans on Thursday, November 21, 2019 at 8:40 AM


Intellectual property protection serves as valuable insight for investors. It can hold weight in the decision of when and whether or not an investor may put their money into a company or product. Patent trends can take that benefit further for investors in that they provide leverage and knowledge based on trends within a particular field of business. Here we will analyze what a patent trend is and how it can be valuable to you as an investor.       What Is a Patent Trend? A patent trend is a steady increa…

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