https://blogs.iu.edu/iutech/2018/02/19/patent-your-idea-before-someone-else-does/ You may have an idea that could help you Start a company, perhaps make you a little money, or change the entire world. Each and every single day, people like you have been able to take their thoughts and make them into products which have earned them a considerable quantity of money, addressed a need, and also changed the way people live. For People Who have Potential, the very first step that's suggested is that you file for a patent after you've developed out the idea. Unfortunately, many men and women overlook this step of protecting their ideas with patents before it is too late. In so many situations, those that had ideas with actual market potential failed to patent them properly that resulted in dropping a possible gold mine of profits. Why is patenting your idea so important? Why should you proceed quickly to secure your thought in the early stages even before you completely understand it's potential? You can find good answers to those questions and much more when you understand why patent coverage is so important. Protection First and foremost, your idea or invention Needs to be protected so it is not stolen or copied by someone else who managed to file for a patent first. There have been millions of cases where individuals developed a fantastic idea or innovation, only to not file for patent protection and see others make the most of the creation. A proper patent is government recognition That your idea or innovation has been produced by you and those who seek to develop and advertise your idea must come to you and get permission. They are free to copy your idea and put it to use for themselves. There have been numerous court cases where notions are raised from the historians and used by unscrupulous companies which make millions of dollars which were found to be lawful all because the inventor never patented their idea or innovation. This is the most important reason why you Have to patent your idea when it qualifies so that you can enjoy the protection it provides. Potential While there are people who will take what You've created and make it their very own if you do not file for a patent, there are others in the world of marketing which won't touch your thought unless you get a patent first. There are good reasons why people who have the moral decency to not slip what you have created, but rather stay away so that they don't get involved with any legal issues. A patent would be the proper starting point For companies to then launch into discussions with you over promoting your creation. A patent implies that your notion has overcome the barriers of this procedure and maybe more importantly, that no similar idea has already been patented. This usually means that they can move with confidence in working with you making the most out of your innovation or idea. In the Long Run, this means that not protecting Your idea or invention with a patent results in either individuals taking advantage of everything you've created or just needing nothing to do with it. Now that you know the importance of a patent, what is the next step? When to Patent an Idea? Your idea can be patented once it meets Certain standards which allows it to be eligible for a patent. Keep in mind that if your idea doesn't prove to be rewarding, you're out very little even if the thought doesn't qualify or has already been issued to someone else. - Produce a Record of Creating your Idea or Invention - Know that the Qualifications for Getting a Patent - Can Basic Research in Assessing Its Commercial Potential - See Whether the Idea has already been Patented As Soon as You have followed these steps, then You can file for a patent to protect your idea or creation. There are businesses out there who help inventors or idea makers like yourself using the process, so if you're not comfortable in doing it alone, you should seek out reputable organizations that are interested in assisting you to get through the procedure. http://yourhub.denverpost.com/blog/2018/03/how-denver-can-become-an-even-bigger-tech-hub/209009/
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