Typically, the number one reason people conduct patent searches and read patent documents is to determine if an invention idea has already been patented by someone else. They totally ignore possible hidden treasures that can be present in previously issued patent ideas. In case you have a concept for an invention then you are probability someone who thinks outside of the box. Why stop there? Don’t limit yourself to thinking outside of the box only when inventing. Thinking outside of the box when deciding the best way to utilize information found in previous patent documents can increase the likelihood of success with your own invention along with create other possible ways of making money.
Here I am going to show you creative ways to utilize information present in previously issued patent documents including ways in which could turn some good information into gold. I am going to not, however, demonstrate every way possible way you can make use of the information in patent documents. You could come up with new ways yourself which have never been looked at before. Let’s go on and check out four possible ways to use information found in previously issued patent documents.
If you’re trying to find a patent attorney or agent that will help you using the patenting process, why not disassemble the names and address of law firms or patent agents you discover listed on patent document when performing a patent search. When the address is not given, conduct a Google type search using the information that is certainly listed. Obviously, just because a company could have already handled the patenting of the invention much like yours doesn’t really mean they are good for you. Do you want to know a good source to find out whether you should look at using the same law office or patent agent? How about talking to the inventor listed on the patent document?
That’s right, call the inventor, introduce yourself and say, “I’m along the way of obtaining patent my idea with an invention. I actually have been searching for a good reputable agent to assist me that will charge a fair amount. I understand you used so-and-so. Can you recommend them?” In order to locate the contact info in the inventor utilize a people search tool like http://www.whitepages.com. Be aware that sometimes the inventors listed on the patent document work on the part of a business and was not accountable for hiring the attorney or agent that handled the patent process. In this instance, it would not really appropriate to make contact with the inventor. These types of arrangements along with a possible means of identifying options are discussed in depth later.
From previous patents you can also compile a listing of assignees which may be thinking about licensing your invention. The assignee listed on the patent document is a person or company who was not the inventor, but was issued ownership or part owner in the patent. Most patents that list assignees are ones in which the inventor, or inventors work for a company inside the company’s research and development department. Within the employment contract, the company has ownership rights to the invention developed by the staff member. Patent documents which could involve this type of arrangement are occasionally easy to spot. Some possible signs are when several inventors are listed on the patent so when the invention is very technical. Unfortunately, it is sometimes difficult to determine.
If it’s not obvious, you need to simply call and get. Even when the assignee is a company which has a research and development department, it doesn’t imply that they would not be interested in licensing your invention. Because they have previously shown they are running a business with products comparable to yours, they can also be adding your invention to their product line. If the assignee is surely an individual, it’s hard to determine why there is an assignment. You’ll never truly know up until you call and get. Compose a list of assignees as well as at the best time, don’t be afraid to contact them. Should you not use a patent, just before revealing any details about your invention ensure that you protect yourself having a non-disclosure or similar form of protection agreement signed.
Truth be told, probably the most valuable information you can find over a patent document is the name and address in the inventor. (I’m talking about inventors that work in a private capacity and never as an employee of the company.) An inventor of any product similar to yours could be a gold mine of information for you. Most people could be scared of contacting the inventor thinking of them as being a competitor, but I tell you, it is actually worth the risk of getting the phone hung high on you. Besides, you will be surprised concerning yjuoft friendly most people really are and exactly how willing they are to provide you with advice and share their experiences.
Take advantage of the knowledge they gained through their experience. There will be some individuals may not want to talk to you, but I’ll say it again, you’ll never know until you ask! If you do opt to contact an inventor remember you might be there to collect information, not give information. If they start asking them questions which you don’t feel comfortable answering simple say something similar to “I understand you’ll discover why I can’t share that information since I do not possess patent an idea as yet.” A lot of people will understand rather than be offended. You will find individuals who failed at being successful using their invention and can attempt to discourage you. This is where you must have a thick skin. Tune in to whatever they are saying, for they might share information with you that you will need to consider, but don’t permit them to steal your ideal given that they failed. The explanation for their failure may not pertain to you. By the way, you could possibly capitalize off their failure. Read number four below and you will see a few things i mean.