What is a Provisional Patent?

What is a Provisional Patent?

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When you create an invention or design, you likely want to protect your creation from misappropriation, which often involves obtaining a patent. The patent application process can be lengthy and costly, however, so many people fail to protect their idea. If you are not the first person to patent a design, you lose your opportunity to do so. In addition, you might not want to start a patent application because you do not know if your idea is marketable, whether you can afford to promote or produce it, and other reasons. The good news is that there is another option before you get a patent, which is called a provisional patent. Overview of Provisional Patents A provisional patent allows you to claim “patent pending” status before you obtain a full…
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Tips to Monetize Your Invention

Tips to Monetize Your Invention

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Many people have great ideas for inventions, though not everyone makes a profit as a result. This is often because inventors might be unsure how to monetize their idea and turn it into a business. The following are only some tips toward success, and you should not wait to seek invention help from an experienced invention lawyer in Florida. Do Your Research Is there a market for your specific invention? Do people need or want this product? What will the competition be like? These are all important questions to answer to know whether your invention may be a success story. Conduct internet research, ask friends and family members, and more. Protect Your Invention As you discuss your invention with different people or companies, there is always the chance they will…
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When is Your Invention More than an Idea?

When is Your Invention More than an Idea?

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Many people have ideas for new and improved products that can make life more convenient or enjoyable. However, when is it time to turn your idea into a reality by moving forward with a practical design for your invention? When you decide to try to produce an invention, there are many things to consider, and you should discuss the steps to take with a patent lawyer in Orlando. From Idea to Invention If you cannot shake an idea that you have, it may be a sign that you should try creating your invention. It may take several tries, and you might have to adjust your design along the way. Keep detailed notes of both your successes and your failures. Once you have a working design or prototype, you will need…
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IP Protections can Help Breed Success

IP Protections can Help Breed Success

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Many business owners may underestimate the importance of intellectual property protections. However, some companies have based their success largely on branding, inventions, and other intellectual property. Did you know that some trademarks are worth billions of dollars? Also, many companies built success on patented inventions that keep them ahead of their competitors. The following are only some of the most successful IP protections of companies today. Apple - With its simple yet distinct branding, Apple relies on its branding to set its products apart from similar tablets and smartphones. Many people are loyal to the iPhone based on its specific user interface and branding, earning Apple billions of dollars. Google - With its easily recognizable logo, Google has become the most reliable and ubiquitous search engine based on its unique…
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When to Consider a Provisional Patent

When to Consider a Provisional Patent

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After you invent something, it can take time to get it onto the market. Maybe you need to find the right developer or manufacturer if you do not have the resources to produce your invention yourself. Perhaps you’re not yet sure if there is even a market audience for your product and you want to get opinions from professionals. In either situation, shopping your product will most likely involve revealing the details of your invention. If you do not have the necessary intellectual property protections, this can allow other parties to take your idea and produce it on their own. Inventors often obtain patents to protect their ownership of their design or idea. However, applying for a patent is a complex process that can take time and be costly. If…
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Licensing Your Trademark

Licensing Your Trademark

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Once you register a trademark for your brand, logo, and/or company name, you have the exclusive right to use the trademark. That is unless you decide to enter into a license agreement for another company to use your trademark. This is common in merchandising agreements and other business collaborations, and licensing your trademark can be beneficial if done correctly. You should always discuss licensing prospects with an experienced Florida intellectual property attorney. Market expansion and increased recognition - When another company promotes a product or service using your brand, you get to use their marketing and distribution channels to reach new consumers and increase the public’s recognition of your brand. Workload distribution - Licensing partnerships often involve allowing someone else to focus on production operations and quality control, which takes…
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