Typically, the top reason people conduct patent searches and read patent documents is to find out if an invention idea has already been patented by somebody else. They totally ignore possible hidden treasures that may also be found in previously issued market an invention idea. In case you have a concept for an invention then you are probability someone that thinks outside of the box. Why stop there? Don’t limit yourself to thinking outside the box only if inventing. Thinking outside of the box when deciding how you can utilize information found in previous patent documents can increase the probability of success with your own invention along with create other possible methods for making money.
Here I am going to show you creative methods to utilize information seen in previously issued patent documents including methods could turn some good info into gold. I am going to not, however, demonstrate every way possible method for you to utilize the information in patent documents. You may think of new ways yourself who have never been considered before. Let’s proceed to have a look at four possible approaches to use information present in previously issued patent documents.
If you’re looking for a patent attorney or agent that will help you with all the patenting process, why not disassemble the names and address of lawyers or patent agents you find listed on patent document when conducting a patent search. If the address is not given, conduct a Google type search using the information that is certainly listed. Obviously, just because a company may have already handled the patenting of your invention much like yours doesn’t necessarily indicate they are best for you. Do you wish to know a great source for locating out whether you should look at utilizing the same law practice or patent agent? What about speaking with the inventor listed on the patent document?
That’s right, call the inventor, introduce yourself and say, “I’m in the process of having InventHelp Company News on an invention. We have been trying to find a good reputable agent to help me which will charge a good amount. I understand you used so-and-so. Could you recommend them?” In order to locate the contact information from the inventor make use of a people search tool such as http://www.whitepages.com. Bear in mind that sometimes the inventors listed on the patent document are working on behalf of a business and had not been accountable for hiring the attorney or agent that handled the patent process. In cases like this, it could not appropriate get in touch with the inventor. These sorts of arrangements and a possible way of identifying them are discussed in depth later.
From previous patents you can even compile a listing of assignees that may be interested in licensing your invention. The assignee listed on the patent document is actually a person or company who has been not the inventor, but was issued ownership or part owner from the patent. Most patents that list assignees are ones in which the inventor, or inventors work for an organization inside the company’s research and development department. Included in the employment contract, the organization has ownership rights for any invention created by the staff member. Patent documents that may involve this type of arrangement are often very easy to spot. Some possible signs are when several inventors are listed on the patent and when the invention is extremely technical. Unfortunately, it is sometimes difficult to determine.
If it’s not obvious, you need to simply call and ask. Even when the assignee is a company which has a research and development department, it doesn’t imply that they could not be interested in licensing your invention. Because they already have shown that they are running a business with products comparable to yours, they can be adding your invention to their product line. If the assignee is an individual, it’s hard to determine why there is an assignment. You’ll never really know before you call and inquire. Make a list of assignees as well as at the right time, don’t be afraid to make contact with them. If you do not use a patent, before revealing any information regarding your invention be sure to protect yourself having a non-disclosure or similar type of protection agreement signed.
Truth be told, probably the most valuable information you can get on the patent document will be the name and address in the inventor. (I’m talking about inventors that work in a private capacity rather than being an employee of a company.) An inventor of any product much like yours could be a gold mine of knowledge for you personally. Many people will be scared of contacting the inventor considering them being a competitor, however i inform you, it is worth the chance of obtaining the phone hung high on you. Besides, you would be surprised as to yjuoft friendly most people actually are and how willing they will be to give you advice and share their experiences.
Take advantage of the knowledge they gained through their experience. There will be many people might not want to speak to you, but I’ll say it again, you’ll never know before you ask! Should you do choose to contact an inventor remember you might be there to accumulate information, not give information. When they start asking them questions which you don’t feel relaxed answering simple say something like “I know you’ll realize why I can’t share that information since i have do not have how do you patent an idea as yet.” A lot of people will understand rather than be offended. You will find individuals who failed at achieving success with their invention and definately will attempt to discourage you. This is where you should have a thick skin. Tune in to what they say, for they might share information along with you that you really need to consider, but don’t let them steal your dream since they failed. The reason behind their failure might not affect you. By the way, you might be able to capitalize off their failure. Read number four below and you will see what I mean.