Perhaps you have an understanding for a new product simmering in the back of your brain. You have done a few Google searches, but have not found anything similar. This makes you confident that you have discovered the InventHelp Successful Inventions. Every day inventors let me know they “haven’t found anything like it.” And even though that’s a good start, chances are that they haven’t been looking within the right places.
Before investing additional money and resources, it’s the right time to find out definitively if the invention is exclusive, determine when there is a market for it, and explore how to make it better.
Inventors should do a search online with a goal of finding several competitive products. If they’re scared to do the search, that’s a very important thing, because inside my experience, it usually means they’re on the right track.
You will find, the goal must be to find other products on the market which can be already trying to solve the identical problem as his or her invention. That implies that a remedy is really needed. And when there is a need by a large enough group of people, they stand a much better chance of turning the invention in to a profitable venture.
So inventors should go to a patent agent or patent attorney with examples of two or three other similar products, and after signing a retainer agreement (which establishes the agent/client relationship) the InventHelp Product Development to the specifics of the product including drawings, mockups, and/or prototypes. Anyone who wants to secure exclusive rights to promote, produce, and use an invention which he made for a certain number of years must first secure a patent. A patent is a very specific form of document which contains the entire specifics of the conditions and terms set from the government so the inventor can take full possession from the invention. The items in the document also provide the holder in the patent the authority to be compensated should other individuals or organizations infringe on the patent in any way. In this instance, the patent holder has the legal right to pursue legal action up against the offender. The terms of possession are also known collectively since the inventor’s “intellectual property rights.”
At this point, the agent or attorney can do a far more thorough search from the U.S. Patent Office and other applicable databases in the United States or internationally. They may be determining if this invention is indeed unique, or maybe there are even more, similar patented products.
Some inventors take into consideration doing the search from the Patent Office by themselves, but there are several disadvantages in this plan. Their emotional attachment for the invention will cloud their judgment, and they will steer from finding other how to pitch an invention idea to a company that are similar. Although odds are they have already identified a couple of other competitors, searching the U.S. Patent Office is actually a more intense process. From my experience with clients who have done their particular search, they may have ignored similar products szwhnp happen to be patented because they can’t face the veracity their idea isn’t as unique because they once thought it was.
However, finding additional similar products does not always mean that all is lost. The strategy changes to comparing the proposed invention using the patented one, and discussing approaches to improve it making it patentable. A great patent agent or attorney will provide objective insight at this phase. The procedure is to accept invention, ignore the parts that have been included in another patent or patents, and the remainder is really a patentable invention. I concentrate on working with inventors to file patent applications for first time products or technology (including software), innovations inside the insurance industry, and business processes.