Perhaps you have an understanding for a new product simmering in the back of your brain. You’ve done a couple of Google searches, but haven’t found anything similar. This will make you confident that you have came across the InventHelp Invention Stories. Every single day inventors let me know they “haven’t found anything like it.” Even though that’s a good beginning, most likely they haven’t been looking within the right places.
Before investing additional money and resources, it’s the right time to learn definitively when the invention is unique, determine if there is a industry 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 a good thing, because inside my experience, it usually means they’re on the right track.
And yes, the aim must be to find other products in the market which are already wanting to solve the identical problem his or her invention. That demonstrates that a solution is in fact needed. And when there is a need with a big enough group, then they stand a significantly better possibility of turning the invention in to a profitable venture.
So inventors should check out a patent agent or patent attorney with types of several other similar products, and after signing a retainer agreement (which establishes the agent/client relationship) the inventhelp corporate headquarters towards the specifics of the merchandise including drawings, mockups, and/or prototypes. Anyone who would like to secure exclusive rights to sell, produce, and utilize an invention which he made for a specific number of years must first secure a patent. A patent is an extremely specific type of document that contains the complete information on the conditions and terms set by the government so that the inventor can take full possession of the invention. The valuables in the document offer the holder in the patent the right to be compensated should others or organizations infringe on the patent by any means. In cases like this, the patent holder has the authority to pursue court action up against the offender. The terms of possession are also known collectively because the inventor’s “intellectual property rights.”
At this point, the agent or attorney is going to do a much more thorough search of the U.S. Patent Office along with other applicable databases in the United States or internationally. They are determining if the invention is definitely unique, or if there are also more, similar patented products.
Some inventors consider doing the search from the Patent Office on their own, but there are many disadvantages in this plan. Their emotional attachment towards the invention will cloud their judgment, and they can steer away from finding other new product idea which are similar. Although chances are they may have already identified a few other competitors, searching the U.S. Patent Office is actually a more intense process. From my knowledge about clients who may have done their particular search, they have got ignored similar products szwhnp have been patented because they can’t face the truth that their idea isn’t as unique as they once thought it was.
However, finding additional similar products does not necessarily mean that every is lost. The strategy changes to comparing the proposed invention using the patented one, and discussing ways to improve it making it patentable. A great patent agent or attorney can provide objective insight around this phase. The process is to accept the invention, disregard the parts that have already been incorporated into another patent or patents, and also the remainder is actually a patentable invention. I focus on working with inventors to file patent applications for new products or technology (including software), innovations within the insurance industry, and business processes.