Is My Idea Patentable?

Anyone can come up with an idea for a new product, machine or creative design. Creative individuals are constantly thinking about new ways to see products, show products or use products. Those with an entrepreneurial spirit will often think of patenting an idea or invention in which they feel confident. It is important for these inventors to ask themselves whether or not their idea is patentable. Knowing whether or not the idea is patentable can help to save individuals time, money and effort.

Is a Patent Worth its Cost?

The patent process is revered as an important process for any inventor to go through. It helps to secure the rights of an idea, providing inventors with the rights that they need to protect their ideas. Patents can stop individuals or companies from marketing, manufacturing, and creating materials that match the description of the patent. It is important for some inventors to take a step back and weigh the monetary and non-monetary costs of getting a patent. There are positives and negatives that prove that a patent may not always be the right decision.

How to Apply for a Patent

A patent is the single most important step for an inventor to take. While research, creation and production are all important steps in the life of an invention, the patent is needed to keep the invention safe and secure. Without a patent, any individual could steal an idea for a product. Patents provide a legal way for inventors to claim all of the rights that they need to own that specific idea.

Getting a Utility Patent

There are plenty of different kinds of patents that inventors will have to choose from when working to patent their ideas. Most inventors are going to be patenting their ideas and products as utility patents. Over 90 percent of the patents that are filed with the United States government are utility patents1.

Find Existing Patents

The most crucial step that a prospective inventor can take is finding out whether or not an idea that they have come up with already has an existing patent. A patent enables a person to claim sole copyright of their invention, and it makes it impossible for anyone else to claim that they invented the same item. A patent is invaluable because it also ensures that no one aside from the original inventor can make money on the item in question without the approval of the inventor.

How to Keep a Trade Secret

If a company decides to use a trade secret, they should be very aware of how to keep a trade secret. Mark all computer files and documents about trade secrets with a confidentiality warning. First, they need to restrict all access to trade secrets to very few people. Only the people within the company that absolutely have to have a reason to know the information should know it. The only reason that anyone should ever know the trade secret is that, in them knowing it, it will benefit the business in some substantial way.

Definition of a Trade Secret

Trade secrets are important aspects of many businesses, as they need to keep their unique secrets closely guarded. These secrets are often what make products or inventions unique and interesting. It is important to understand the definition of trade secrets, and how these secrets can be protected.

Raising Money for Your Invention

Creating an invention is an exciting aspect of the entire process. Many relish the fact that they have finally managed to put their invention into words, into a patent and into a prototype. This exciting step often overshadows the work that comes after it. Those who create the prototype need to work to secure funding to actually bring the invention to life.

Proving the Invention is Yours

A successful invention can be an incredibly exciting and important moment in the life of an inventor. Many first-time inventors fail to understand how to protect their inventions. These inventors may find that someone has stolen or used their idea.

There are steps that can be taken to keep an invention protected and help inventors take ownership of their inventions. They will be able to prove that an invention is their own during cases of stealing and invention infringements.

Getting the Patent