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Delaying a patent application...


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Posted by neil on May 07, 2001 at 10:45:17:

I have an idea for a business model that I would like to implement and patent. However, with no income right now, I cannot bear the cost of the patent app, so I thought I'd do the following, and would like some advice as to if there are any flaws in this logic...

(1) Document idea and notarize (just proof that it's mine on a certain date).

(2) Have attorney do patent search.

Assuming that it is not patented (my search thru the uspto online database came up with nothing similar) from the search above...

(3) Build/Implement. This is a dot-com based around my idea.

(4) Release to public and sell like crazy.

(5) I then have one year from date of initial public release to apply for a patent, so prior to one year, I can better determine if the idea is viable and make a more informed decision if to drop the cash for the patent. If things go as well as they did in my recent dreams, I would also have some income from this to easier afford the patent.

In the meanwhile, if anyone decides to patent this idea, I can prove from the notarized docs and from the patent search that it was my idea. The only potential snag I see so far is that someone had a patent pending before me, and I would not have found out about it in the search.

Is this a bad plan?

Thanks,
-Neil.


(4) I under


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