The Intellectual Property Law Server

Welcome, Guest. Please Login or Register.
Feb 18th, 2020, 4:20am

Forums Forums Help Help Search Search Members Members Calendar Calendar Login Login Register Register
   Intellectual Property Forums
  
  
Software and Business Process Patents
(Moderators: Forum Admin, JimIvey, JSonnabend)
   Is this worth patenting?
« Previous topic | Next topic »
Pages: 1 2 3  Reply Reply Send Topic Send Topic Print Print
   Author  Topic: Is this worth patenting?  (Read 11595 times)
charstarstar
Newbie
*




   


Posts: 3
Re: Is this worth patenting?
« Reply #5 on: Jun 17th, 2007, 12:13pm »
Quote Quote Modify Modify

Okay thanks for the help, no offense haha  
I didn't take it as a wisecrack, but as some form of insult to my intelligence or something like that... sorry for the misunderstanding.
IP Logged
biopico
Full Member
***




   


Posts: 434
Re: Is this worth patenting?
« Reply #6 on: Jun 17th, 2007, 4:37pm »
Quote Quote Modify Modify

I have seen someone who launched his own software business right after his college and made a fair amount of money for 15 years or so.
 
I have several patentable subject matters.  Since it costs my money and time to draft applications and to prosecute them, I am abandoning patentable ideas even if I am a patent agent.
 
 
 
 
 
IP Logged

Registered Patent Agent Specializing in All Areas of Biotechnology
MrSnuggles
Guest
Re: Is this worth patenting?
« Reply #7 on: Jun 22nd, 2007, 11:39pm »
Quote Quote Modify Modify Remove Remove

You may consider consulting an attorney and having a search performed.  A search and consultation would probably cost around $500-1k.  But at least you would know how viable your idea was after that.  Then for another $1-2k you could file a provisional application describing your core idea.
 
Companies would probably not be interested in a provisional filing or a untested concept.  Once you have an issued patent, then your situation will change.  However, even then, unless it is a viable business solution with wide acceptance, a good idea on paper may still be too risky or burdensome to pursue for companies to actually consider purchasing the untested technology.
 
My practice is in computers including security models.  I've seen a lot of art out there, much more than a dozen research papers.  Do a search at Google (although they don't have published applications, only issued patents), FreePatentsOnline, or the USPTO, you'll find some yourself.
IP Logged
MrSnuggles
Guest
Re: Is this worth patenting?
« Reply #8 on: Jun 22nd, 2007, 11:43pm »
Quote Quote Modify Modify Remove Remove

You may consider consulting an attorney and having a search performed.  A search and consultation would probably cost around $500-1k.  But at least you would know how viable your idea was after that.  Then for another $1-2k you could file a provisional application describing your core idea.
 
Companies would probably not be interested in a provisional filing or a untested concept.  Once you have an issued patent, then your situation will change.  However, even then, unless it is a viable business solution with wide acceptance, a good idea on paper may still be too risky or burdensome to pursue for companies to actually consider purchasing the untested technology.
 
My practice is in computers including security models.  I've seen a lot of art out there, much more than a dozen research papers.  Do a search at Google (although they don't have published applications, only issued patents), FreePatentsOnline, or the USPTO, you'll find some yourself.
IP Logged
JimIvey
Moderator
Senior Member
*****




  jamesdivey  
WWW

Posts: 2584
Re: Is this worth patenting?
« Reply #9 on: Jun 25th, 2007, 4:12pm »
Quote Quote Modify Modify

I'll chime in late here....
 
That sort of technology excites investors.  You might consider seeking seed capital to start a company based on that idea.  For what ever reason, big companies are much more willing to buy small companies rather than patents -- paying many times over for the company what they would pay for the patents.  As an example, I hear Google has been quietly buying up small (5-10 employee) software companies.
 
In addition, I'm sure Microsoft would be willing to take a look.  Before the Bill and Melinda Gates Foundation, Bill's #1 charity was an anti-software-piracy organization -- what a philanthropist!  We could all learn from that!
 
Then, there are patent hedge funds out there that typically pay $10k or more for an application and $25k or more for an issued patent if they like the technology -- more, perhaps much more, if the application/patent looks particularly promising.
 
In short, there are a number of ways to extract money out of patents/applications.  It's all a matter of how much value you think your technology will bring to the marketplace.
 
Regards.
IP Logged

--
James D. Ivey
Law Offices of James D. Ivey
http://www.iveylaw.com
Pages: 1 2 3  Reply Reply Send Topic Send Topic Print Print

« Previous topic | Next topic »
Powered by YaBB 1 Gold - SP 1.3.2!
Forum software copyright 2000-2004 Yet another Bulletin Board