Typically, the number one reason people conduct patent searches and read patent documents is to see if an invention idea has already been patented by somebody else. They totally ignore possible hidden treasures that can be present in previously issued new product idea. In case you have an idea for an invention then you are probability someone that thinks outside the box. Why stop there? Don’t limit yourself to thinking outside the box only when inventing. Thinking outside of the box when deciding how you can utilize information present in previous patent documents can increase the chances of success with your own invention as well as create other possible ways of making money.
Here I am going to demonstrate creative approaches to utilize information seen in previously issued patent documents including methods could turn some good info into gold. I will not, however, explain to you every possible way method for you to make use of the information in patent documents. You may develop new ways yourself which have never been considered before. Let’s proceed to take a look at four possible approaches to use information seen in previously issued patent documents.
If you’re searching for a patent attorney or agent to help you with all the patenting process, why not take down the names and address of law offices or patent agents you find listed on patent document when performing a patent search. In the event the address will not be given, conduct a Google type search with all the information that is listed. Obviously, simply because a firm could have already handled the patenting of the invention similar to yours doesn’t necessarily mean they are best for you. Do you wish to know a good source for finding out whether you should think about using the same law office or patent agent? Think about speaking to the inventor listed on the patent document?
That’s right, call the inventor, introduce yourself and say, “I’m along the way of getting new product idea upon an invention. We have been trying to find a good reputable agent to help me which will charge a good amount. I realize you used so-and-so. Can you recommend them?” To be able to locate the contact details of the inventor make use of a people search tool including http://www.whitepages.com. Bear in mind that sometimes the inventors listed on the patent document will work on the part of a company and had not been in charge of 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 kinds of arrangements and a possible way of identifying them are discussed in more detail later.
From previous patents you can even compile a summary of assignees that may be considering 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 the ones where the inventor, or inventors work for an organization within the company’s research and development department. Included in the employment contract, the company has ownership rights for any invention created by the staff member. Patent documents that may involve this kind of arrangement are occasionally simple to spot. Some possible signs are when several inventors are listed on the patent and when the invention is highly technical. Unfortunately, sometimes it is hard to determine.
If it’s not obvious, you just have to call and inquire. Even when the assignee is a company that includes a research and development department, it doesn’t suggest that they would not be curious about licensing your invention. Given that they have previously shown they are running a business with products much like yours, they can also be adding your invention for their product line. When the assignee is surely an individual, it’s tough to determine why there was an assignment. You’ll never truly know before you call and ask. Create a list of assignees as well as at the correct time, don’t be afraid get in touch with them. Should you not have a patent, before revealing any information about your invention be sure to protect yourself by having a non-disclosure or similar form of protection agreement signed.
Surprisingly, the most valuable information you will find over a patent document will be the name and address in the inventor. (I’m talking about inventors that actually work in a private capacity rather than as an employee of any company.) An inventor of a product comparable to yours could be a gold mine of information to suit your needs. Many people will be afraid of contacting the inventor thinking of them being a competitor, but I tell you, it is actually worth the chance of obtaining the phone hung up on you. Besides, you would be surprised concerning yjuoft friendly many people are really and how willing they are to give you advice and share their experiences.
Tap into the knowledge they gained through their experience. You will see many people might not want to speak with you, but I’ll say it again, you’ll never know before you ask! Should you do opt to contact an inventor remember you might be there to collect information, not give information. When they start asking questions that you simply don’t feel comfortable answering simple say something similar to “I am aware you’ll realize why I can’t share that information since i have do not possess how to start an invention idea as yet.” Most people will understand rather than be offended. You will come across individuals who failed at becoming successful making use of their invention and definately will try to discourage you. This is where you must have a thick skin. Listen to the things they are saying, for they may share information together with you that you really need to consider, but don’t allow them to steal your ideal since they failed. The explanation for their failure may not apply to you. Incidentally, you may be able to capitalize off their failure. Read number four below and you may see a few things i mean.