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Topic: Is this worth patenting? (Read 14991 times) |
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charstarstar
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Posts: 3
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Re: Is this worth patenting?
« Reply #5 on: Jun 17th, 2007, 12:13pm » |
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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.
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biopico
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Re: Is this worth patenting?
« Reply #6 on: Jun 17th, 2007, 4:37pm » |
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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.
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Registered Patent Agent Specializing in All Areas of Biotechnology
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MrSnuggles
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Re: Is this worth patenting?
« Reply #7 on: Jun 22nd, 2007, 11:39pm » |
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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.
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MrSnuggles
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Re: Is this worth patenting?
« Reply #8 on: Jun 22nd, 2007, 11:43pm » |
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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.
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JimIvey
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Re: Is this worth patenting?
« Reply #9 on: Jun 25th, 2007, 4:12pm » |
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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.
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-- James D. Ivey Law Offices of James D. Ivey http://www.iveylaw.com
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