There were close to 800,000 patents granted last year around the world, according to the latest government agencies that track the statistics and information about these patents. The top categories were computer technology, electrical machinery and equipment and telecommunications. And,...
Read MoreHow good are your ideas and inventions? Can someone else do the same thing? The principle behind a patent is to protect your rights to make, use or sell what you have created or invented. Without that protection or patent,...
Read MorePatent Definition What is a patent and what will one do for me? Patents have a long history and are designed to protect the rights of inventors, new product creators and innovators. Basically a patent can be defined as “a...
Read MoreWhat is Patent Infringement? Patent infringement is when a company or individual uses, manufactures, imports, sells, or offers a patent protected invention for sale without a license from the patent holder. Patent infringement liability in the United States also extends...
Read MoreHow to Sell an Invention - 10 Steps This article discusses how to sell an invention in ten steps. 1. Conduct Market Research - Substitute Products - Retail Price Spectrums - Market Growth - Realistic Distribution Channels - Average Time...
Read MoreWell known American inventor, scientist and businessman, Thomas Edison, never stopped inventing from the time he started through the end of his life. He died with 1,093 patents to his name. More notably though, he commercialized hundreds of patented inventions...
Read MoreSuccessful inventors know more than just a technical sequence of steps. Beyond that, what really makes them successful is the personality characteristics they possess. They have a mindset that enables them to make the right decisions when they need to...
Read MoreWhen it comes to product marketing, everyone thinks they are an expert, but few can produce results. Why is this so? Most of the problem comes from marketing books, seminars, and courses that detract from the heart of marketing: translating...
Read MoreTurning an Invention into a Business The way most people (and infomercials) portray inventing, it seems like building something is the endgame. Create the widget, the logic goes, and your job is done. All that remains now is sitting back...
Read MoreValuing a Patent One of the most important tasks you will carry out as a patent holder is assigning a monetary value for it. This could become necessary for any number of reasons, such as: Selling the patent Licensing...
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