Re: Re: First steps?

Subject: Re: Re: Re: First steps?

Comments:
: : Can anyone tell me what are the first few steps one should take to find out if their idea is worth patening? : : : : First steps are never exactly the same invention-to-invention and there is insufficient space to write let alone predict all steps that should be carried out before making a go/no go business decision to apply for (a) patent or (b) provisional application, for example a few steps would include : : : Availability of one's resources to take either the (a) self-venture or (b) licensing route to commercialisation. : : One's qualifications to personally produce along the development cycle versus outsource to others. : : Realistic size of purchasing market as opposed to overall size of market. : : Familiarity with industry (who seeks what/who is doing what/ often found by reading trade mags, : : catalogs, and other publications in the invention's field). : : Familiarity with direct and indirect competition (Pricing? Benefits? Product's cost? etc) : : Whether a model and/or prototype is available. : : Approximate cost to manufacturer versus sell and if spread sufficient to realise a decent profit based on potential life cycle of product. : : Independent feasibility study completed and any weaknesses corrected. : : Patent search completed accompanied by a favourable "written" patentability opinion (were one intent on taking the patent route to start out with). : : : : After which, one could hire a consultant specialising in the product category unless one is already a specialist in it and/or join an inventors group to learn more about the actual business and marketing process as well as read a book or two. : : Newbies with limited funds tend to get sucked into late night TV 800# invention marketing firm commercials offering worthless free patent searches. Inventors are told potential licensees or waiting in line for such inventions "if" one first pays $6,500 - $13,000 (within the next week) to get a worthless rendering printed that can be shown within a manual of thousands of such renderings at an upcoming international trade show(s). For a quick review of companies who may fall into the above category go to www.inventored.org/caution/list : : What direction you take depends on which route you choose per the first item on the above list. : : Penny Ballou :) : Dear Ms. Ballou, : A Reality Check® is designed to mix law with perspective to save time money and worry. : M. Arthur Auslander : Auslander & Thomas-Intellectual Property Law Since 1909 : 3008 Johnson Ave., New York, NY 10463 : 7185430266, aus@auslander.com : ELAINE's Workshop® : E arly L egal A dvice I s N ot E xpensive™ : Reality Check®

Optional Link URL:
Link Title:
Optional Image URL:

Do not disclose any details of any patent idea. See a lawyer.
Before you post a message you must agree to the Terms of Use.