Two great tools for inventors that won't break your bank
account: provisional patent applications and trademarks.
Successfully licensing an invention or taking a product to
market requires research and the ability to talk to people about your
invention. It is impossible for a manufacturer or retail buyer to commit to a
product without seeing it.
For good reason, many inventors are reluctant to share their
invention with people they don't know. Further, once an invention is shared
publicly, international patent rights can be lost, and the one-year timeline
within which a U.S. patent application must be filed generally has begun to
tick. For this reason, many inventors rush out and file a full-blown, utility
patent application. That addresses the uncertainties and also enables inventors
to alert people that their invention is "patent pending."
However, this approach has several downsides. First, utility
patents and even patent applications can cost many thousands of dollars. In the
end, an inventor may find that the expense outweighs the benefit. Second, in
the early stages, most invention designs are still evolving. Filing a patent
too early could mean that it doesn't actually reflect the most evolved designs
and drawings. Third--and most important, in my opinion--this investment has
been made before an inventor has conducted real market research to validate
marketability of the product.
Two solutions that many inventors--myself included--use are
to file provisional patent applications and trademark applications for the
invention and product name or logo.
These applications provide the best of both worlds. At a
fraction of the cost of a utility patent application, a provisional patent
application is not actually a patent. It never will convert to a patent or
become public, unless further action is taken. A provisional patent application
is a like a place holder. In essence, you are laying claim to the filing date
of the provisional patent application if and when you elect to file for a full
utility patent up to one year from the time you file your provisional patent
application. So if you choose to file a provisional patent application on March
1, 2010, and you then choose to file a utility patent application eleven months
later on February 1, 2011, the priority date for your utility patent
application would be considered to be March 1, 2010, for all material
substantively disclosed and enabled in your provisional application.
What does this mean?
From the date you file your provisional patent application,
you have the legal right to write "patent pending" on your prototype
and show it to whomever you wish. In the process, you will not lose your
international patent rights and can still elect to file your utility patent
application. But it gives you one year to develop your product and gain market
information before you actually must make the final decision on whether to file
utility and/or international patent applications.
So, how do you do this?
While technically you can write and file this application
yourself, I recommend that you do it with some guidance and, at the least, a
review by a registered patent attorney or agent.
There are three things to be careful about when writing a
provisional patent application, according to intellectual property attorney
Stuart West, founding partner of West & Associates :
Ensure that the application meets the written description
and enablement requirements of 35 U.S.C. 112, by adequately describing not only
the components of your invention and their connections, but also the operation
of the invention.
Avoid using limiting or restrictive language in your written
description , such as "must," "necessary,"
"essential" or other similar phrases.
Be accurate but broad with your descriptions. For example,
if a nail is holding together two pieces of wood, an accurate but broader
description of the nail would be a "fastener," or you may simply
state that one piece of wood is coupled with the second piece of wood.
The second best--and still underutilized--legal tool for
inventors, in my opinion, is the federal and various state trademark
registration systems. Here's why:
Every product has a name, or it should. Once you begin using
the name with prospective licensees and customers, the invention actually
becomes synonymous with the name. I have seen this happen over and over. And
there are only so many names an item could take that meet the criteria of being
both catchy and able to be registered.
So give as much thought to names for your product as
possible, and include questions about the name in your market research. Once
you settle on your preferred name, trademark the name. Then when you speak with
prospective licensees, use the name. (Note: I did not say you should tell them
you are hooked on the name). But if they become accustomed to your product's
name, they will see your trademark as another valuable asset you are bringing
to the table. Plus it may further limit potential encroachment from likely
competitors or knockoff products.
West says there are two things to understand about trademark
use:
The underpinnings of trademark law are founded on the
principle of first in use, first in right. Filing of a trademark application
typically constitutes use, but so does simply using the trademark. In fact, in
some states you must use the trademark publicly before filing a trademark
application, and in the federal trademark system, a trademark must be used in
interstate commerce before it can register. Therefore, use your trademark.
Once you've settled on and adopted your trademark you should
identify it as a trademark by using either ™ or ® as appropriate. Check your
local state laws regarding the use of ™.
In most states, trademark rights can be asserted regionally
for free, simply by applying the T to a product (done by typing the letters
"t" and "m" between two parentheses. The writing program
automatically shrinks and raises it to have the T appearance.)
Second, a trademark can be registered with the U.S. Patent
and Trademark office and overseas. This is a faster process, taking only 10 to
14 months. Once it is registered as a U.S. federally registered trademark, use
the ® (also typed by inserting the "r" between parentheses).
I have always said that intellectual property, patents,
trademarks and copyrights are just tools in your inventing tool box. Using the
right tool can be extremely valuable. The nicest thing about a provisional
patent application is that it can buy you time to figure out which other tools
may be necessary. Likewise, trademarks are a valuable tool inventors overlook.
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