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Author Topic: I think I have a really Good Idea...Now What?  (Read 1365 times)

agentjk

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I think I have a really Good Idea...Now What?
« on: 06-06-06 at 09:03 am »

I have this idea man, but really, now I'm not sure what to do so that no one goes to market with this idea before I can develope the technology. What can I do? What steps should I take and where do I get started? Frankly, this stuff is very confusing. So if someone could talk to me like I'm an idiot that would help.

Thanks
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JimIvey

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Re: I think I have a really Good Idea...Now What?
« Reply #1 on: 06-06-06 at 10:30 am »

Start here  and come back to this forum with any questions or comments.

Regards.
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James D. Ivey
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Friends don't let friends file provisional patent applications.

agentjk

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Re: I think I have a really Good Idea...Now What?
« Reply #2 on: 06-08-06 at 08:16 am »

Ok so now what are the first steps I take if I do not yet have a deliverable?
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JimIvey

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Re: I think I have a really Good Idea...Now What?
« Reply #3 on: 06-08-06 at 08:46 am »

I don't know what you mean by that.  What deliverable do you not yet have that you think you might have later?  Patent application?  Invention data sheet to show potential investors/licensees?  Working prototype?  Sufficiently large lot of commercial embodiments of your invention to sell?

Which approach are you thinking of?  License to existing manufacturers?  Building your own business around your idea?  Lie-in-wait for unwitting infringers?

Regards.
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James D. Ivey
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Friends don't let friends file provisional patent applications.

agentjk

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Re: I think I have a really Good Idea...Now What?
« Reply #4 on: 06-11-06 at 11:52 am »

I would like to, develop the software (that would be the deliverable), and license it to an exisiting company. Could you point me to a source that can explain the steps of taking an idea, developing it, protecting it, and marketing it. I have almost nothing put together yet, I only have the idea. I've never acted on any of my ideas so I figure I'm might as well try and see if its a good idea. Thanks a lot for your time.
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JimIvey

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Re: I think I have a really Good Idea...Now What?
« Reply #5 on: 06-11-06 at 12:36 pm »

I'll assume you're asking about the IP side of the equation.  For help on the business side of the equation, I'm not sure this is the best place for answers.

Copyright: write the software and it's copyrighted.  Put a copyright notice in there, e.g., "Copyright (C) agentjk, 2006.  All rights reserved.", and you're even better off.  Done.

Trade secret:  write the software and don't tell anyone about it unless they sign an NDA (Non-Disclosure Agreement).  Done.

Patent:  write (or have written) a patent application describing your idea in enough detail to enable one of ordinary skill in the art to make and use your invention and including your contemplated best mode for practicing your invention and distinctly and partiuclarly claim what you believe to be your invention in its broadest, yet still novel and non-obvious, characterization.  File the application and push it through the Patent Office to issuance as a US patent.  Done.

Now, with the copyright, you'll have the right to stop someone from directly copying your software or making a "derivative work" of your software.  You won't have the right to stop independent creation (not copying) that results in exactly the same software.

With trade secret, you'll be able to collect damage for breach of contract against anyone who signs your NDA and then discloses or uses your information without your consent (unless they find the same information elsewhere, including your own published patent application or patent).

With a patent, you can prevent anyone from making, using, selling, or importing anything described by any claim of your patent.  Independent creation and learning of it from public sources are not defenses to patent infringement.

As I said in my FAQ, these rights don't enforce themselves and not everybody graciously acquiesces to your rights.  Sometimes, you'll have to enlist the government's help in enforcing your rights.  Generally, it's best if you carefully abide by the government's rules and assert arguments that are most likely to bring you victory, regardless of whether it sounds best to you.  In other words, it's really best to get professional help when enlisting the government's help in enforcing your rights -- hire an attorney.

So, those are the steps you can be taking.  There are steps vis-a-vis trademarks as well, but that has more to do with marketing your idea than your idea per se.

Regards.
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James D. Ivey
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Friends don't let friends file provisional patent applications.

agentjk

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Re: I think I have a really Good Idea...Now What?
« Reply #6 on: 06-12-06 at 07:55 am »

Thanks a lot. Thats exactly the information I was looking for. I'll get started.

Much Appreciation.
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