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Re: can you patent an idea for a product?
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Posted by M. Arthur Auslander on February 23, 2000 at 05:04:39:
In Reply to: can you patent an idea for a product? posted by John W on February 22, 2000 at 21:41:36:
: Im just a youngster with idea's for a few gadgets that : are possible to make[though I haven't the technical knowledge how nor the resources(money, people, a company)]. I might try to talk with some venture capitalists concerning resources for designing and selling such gadgets but if they like my ideas whats to stop them from taking them or biting me(there known as sharks you know)?? : Could someone give me some advice on this subject? If you discuss your ideas or use them you lose rights to valid patents in the rest of the world. If you talk to venture people even if they are not sharks you are at high risk. Ideas are not patentable. In order to protect something a patent with broad claims must be obtainable. Just getting a patent can be a fools paradise. No matter how talented you are you must be careful. If you can find people to support you, you must have confidentiality agreements at least as a start. My experience has show that one of creative peoples greatest enemy is themselves. The have too many ideas and get scattered instead of following one at a time to a conclusion. Unless you have an in, most large companies will not even take disclosures. If they do, they make you sign a nonconfidentiality agreement. I call this a Waiver of the American Flag. Where you don't have an in, I usually suggest that you pick one project at a time and work it to a conclusion yourself or with friendly investors you can trust with whom you have proper agreements. M. Arthur Auslander Auslander & Thomas-Intellectual Property Law Since 1909 505 Eighth Avenue, New York, NY 10018 212-594-6900, fax 212-244-0028, aus@auslander.com ELAINE's Workshop (sm) E arly L egal A dvice I s N ot E xpensive
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