Coming up with the idea is the first step now you need to protect that idea if you want to process further. Understanding the key aspects of Intellectual Property is going to help you build a good base to work from.

July 13, 2015

Disadvantages of Product Branding

To ensure your product brand stays in the public eye it needs constant media, graphics design and marketing costs thrown at it. Marketing and advertising can prove to be costly let alone developing your brand, business cards, letter heads etc. An important thing to note is that the cost to change your brand, or introduce it once your product is already selling, can prove to be a costly exercise. If your brand is to be applied to your product in the form of a sticker or emboss, then you need to pay to change dies or get new graphics designed. People need to see your […]
May 24, 2015

What can you Patent

What Can You Patent? What Can’t Be Patented? One of the most important parts of the invention process is ensuring that your idea or invention is unique and cannot be copied. Protecting your idea or invention is often done through a patent. To be able to patent something, an idea must be new or novel, involve an inventive step and be non-obvious. What exactly does non-obvious mean? Non-obvious means that your idea must not be blatant or a “given” to someone within the same industry based on their experience or knowledge. In other words, it has to be a truly […]
May 24, 2015

Why patent an idea?

The most obvious answer to this question is, of course, to protect your idea. Based on the nature of your idea, there may be people ready and willing to patent your idea if you have not already done so. The application for a patent gives the owner of the idea the best opportunity to profit from the idea while, simultaneously, preventing others from copying it for their own benefit. However, although a patent prevents others from copying your idea, you do not have to have patent an idea to be able to exploit it. It has often been said that […]
May 16, 2015

Protect Your Invention Ideas without a Patent

You might be thinking, “How do I make my idea a reality without sharing it with others?” At some point, you will need to share your ideas with designers, manufacturers, distributors and marketing experts. The most common way of protecting your idea is, of course, to get a patent. Unfortunately, this process can be costly and patents can sometimes take years to be approved. There are, however, other cost effective strategies you can use to protect your idea from being stolen. Agreements There are a few legal tools to help protect your idea that include a Non-Disclosure Agreement, a Non-Compete […]
March 3, 2015

Can Someone Copy My Patent?

You spent a lot of time creating and perfecting your invention to ensure its success. As you prepare to launch full-fledged into the process, the next step is to obtain a patent to ensure the ownership of your invention. With your invention, of course, you are worried that other inventors may be able to copy it by adding their own twist to the design to copy your patent. This is why employing a patent attorney to complete and write up your patent is very important. If you lodged your own patent application, you might have missed or potentially miss a […]
March 3, 2015

Will Big Companies Steal My Idea?

So, you came up with a great idea that no one else has thought of yet. What do you do with it? There are two directions you can follow: 1. You either do all of the hard work yourself by getting the design, manufacturing, marketing and sales completed on your own. OR 2. You can approach some of the larger companies already present in the market selling similar products and try and pitch your ideas to them. Remember : No matter how great the invention, there are always inventors who fail to successfully get their products to market and, as […]
March 3, 2015

What is Patent Pending?

“Patent Pending” is an expression that basically means that that patent has been applied for, which, for all intents and purposes, should be enough to ward off potential infringement. The term “Patent Pending” is authorized to be used prior to the patent being issued; however, it is only allowed after the patent application has officially been filed. Typically, the “Patent Pending” phrase is seen on manufactured everyday goods that inform people that the inventor has filed a patent application and is waiting to see if it has been granted. Once the patent has been approved, the phrase itself will be […]
March 3, 2015

How you can Lose Your Patent

You will lose your right to a patent if you fail to pay maintenance fees to the patent office, which ultimately results in the patent expiring. For this reason, it is extremely important to keep your patent up to date and always inform the relevant patent office of your current mailing address to ensure that you continue to receive correspondence and fee information pertaining to your patent. Publication An inventor will lose the right to patent an invention if the inventor has disclosed the invention in a printed publication more than a year prior to applying for a patent. To […]
March 3, 2015

Choosing a Patent Attorney

It’s important to remember that a patent is a legal binding document that is an enforceable contract giving you the rights of a design once it has been approved. As with any contract, you need to include accurate information as this could potentially affect the validity of the patent if done incorrectly. Therefore, it is generally advised to seek professional counsel to ensure all information on the application is completed accurately. Most of the time, patent lawyers and attorneys work on a set fee whilst some may work on an hourly rate. If you choose the option of hiring an […]
March 3, 2015

7 Steps to Product Development

Developing and introducing a new product to the market can be scary, risky, demanding and can take you months, even years if not done correctly. So you have come up with a brilliant idea but have no idea how to get this to market. I have listed a few steps that will spread some light on the path you are about to follow. Don’t let it overwhelm you, in the right management hands this process can be quicker and cheaper than you think. Here are 7 steps to Product Development to ensure your success: Step 1 – Market Research Out […]