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The Hows And Whys Of Patent Pursuit

The Hows And Whys Of Patent Pursuit

The Hows And Whys Of Patent Pursuit Patents are an essential part of recognition. If you don’t legally attach your name and efforts to a patent, it is incredibly easy for someone else to come along and claim ownership of your idea and your genius. This means that every time you have a one-of-a-kind idea, you should seek out a patent lawyer and file it as your own, right? Wrong! The process required to obtain a patent can be lengthy, costly, and incredibly risky: only 2% to 10% of patented inventions go on to make money. You need to seriously consider your plan of … Read more

When The Little Guys Win: Nonprofit Awarded $268M After Patent Dispute

When The Little Guys Win: Nonprofit Awarded $268M After Patent Dispute

When The Little Guys Win: Nonprofit Awarded $268M After Patent Dispute Human beings have always been innovative, but sometimes the journey to an acknowledgment of that innovation can be a rough and rocky road. In the world of patents (of which the USPTO receives 500,000 applications a year), the ones who invented something spectacular don’t always receive the recognition — and profit — that comes with it, as the nonprofit organization Alfred E. Mann Foundation (AMF) discovered the hard way. Over 15 years ago, they took Australia-based Cochlear Corporation to court for an intellectual property issue: Cochlear infringed on AMF’s … Read more

Understanding Confidentiality And Patents

Understanding Confidentiality And Patents

Understanding Confidentiality And Patents Protecting your nuanced invention or idea is essential as you develop your patent application. After all, you want to be able to protect your invention for that 12-month period with a provisional patent application. But can your patent to remain confidential? Before you obtain your patent Before a patent or provisional patent is obtained, you have the right to enter a confidentiality agreement with a third party before the patent application is filed. This is key to fleshing out the ins and outs of your idea and ensuring your invention is patent-worthy. To avoid this idea … Read more

WHAT’S THE DIFFERENCE BETWEEN A PATENT, COPYRIGHT, AND TRADEMARK?

What’s The Difference Between A Patent, Trademark, and Copyright?

What’s The Difference Between A Patent, Trademark, and Copyright? You’ve got a great idea and you want to protect it; the first step is identifying whether or not you need a patent, a trademark, or a copyright. Though each option is recognized as a type of intellectual property protection, understanding each one can determine which choice you should make. Difference between Patent, Trademark & Copyright Here are the different definitions for each type of intellectual property. Patent Patents are used among 12 primary industries, but just about anyone can apply for a patent. In fact, over 500,000 patent applications are … Read more