What does invented mean?
transitive verb. 1 : to produce (something, such as a useful device or process) for the first time through the use of the imagination or of ingenious thinking and experiment. 2 : to devise by thinking : fabricate.
What is the purpose of your invention?
An invention uses technology to solve a specific problem. The technical features of an invention have a function through which the problem – the purpose of the invention – is solved. The technical character necessary for patenting requires that the laws of nature are used to achieve the objective.
How do you describe a patent?
A patent description is a part of how you patent an idea that explains the invention, design or plant you’ve developed and forms an essential part of your patent application with the United States Patent and Trademark Office (USPTO). The patent description should include everything that makes your invention new.
How do I write a patent?
The USPTO recommends that the Background of the Invention be broken down to include: (1) Field of the Invention, which is a statement that generally describes the field to which the claimed invention pertains, and which can include paraphrasing of the applicable U.S. patent classification definitions; and (2) …
How does an invention work?
An invention is a unique or novel device, method, composition or process. The invention process is a process within an overall engineering and product development process. Such works are novel and not obvious to others skilled in the same field.
How do you summarize a patent?
To write your abstract:
- Begin on a separate sheet of paper.
- Give the page a title such as “Abstract” or “Abstract of the description”.
- Say what your invention is.
- Say what your invention is used for.
- Describe the main parts and how they work.
- Do not refer to any claims, drawings or other pieces of your application.
Can I patent a system?
When one patents a business method or, in some cases, a computer program, this is a form of patenting a process. It’s now possible to patent subscription-based services, targeted advertising networks, online auction sites, portal sites, email systems, and even discussion forums.
How do you read a patent in 60 seconds?
When time’s short, here’s the quick and dirty way to figure out what the patent covers, usually in under a minute.
- Step 1: Skip the title.
- Step 2: Skip the drawings.
- Step 3: Skip the abstract.
- Step 4: Skip the specification.
- Step 5: Find the independent claims, and read them.
What is an example of a patent?
Patent law protects inventions (utility patents) and ornamental designs for articles of manufacture (design patents). Examples of manufactured articles protected by design patents are a design for the sole of running shoes, a design for sterling silver tableware, and a design for a water fountain.
What is patent in simple words?
A patent is the granting of a property right by a sovereign authority to an inventor. This grant provides the inventor exclusive rights to the patented process, design, or invention for a designated period in exchange for a comprehensive disclosure of the invention. They are a form of incorporeal right.
What is the purpose of patent?
A patent is an exclusive right granted by a country to an inventor, allowing the inventor to exclude others from making, using or selling his or her invention in that country during the life of the patent.
Do we need patents?
A patent is important because it can help safeguard your invention. It can protect any product, design or process that meets certain specifications according to its originality, practicality, suitability, and utility. In most cases, a patent can protect an invention for up to 20 years.
Are patents good or bad?
In fact, patents actually hurt the economy. In the US, the cost of patent trolls – firms that acquire strategic patents and use legal threats to extract steep royalties from real innovators – now amounts to 12 per cent of business R&D spending. It is, in essence, a new tax on innovation.
Who needs a patent?
Once you’ve made your invention public (e.g., through sales, demonstrating it at a trade show, etc.), you must file a US patent application within 12 months or you’re barred from doing so. In most other countries, you’re barred immediately. Some products don’t make your company enough money to be worth protecting.
How do I protect an invention without a patent?
If you determine that the invention is probably not patentable, the most effective way to protect yourself is to have prospective licensees sign a nondisclosure agreement before you reveal your invention. This document is sometimes called an “NDA” or a “confidentiality agreement,” but the terms are similar.
How much do patents cost?
A basic utility patent, also called a non-provisional patent, will cost between $5,000 and $15,000 to file. USPTO filing fees are $330, the patent search fee is around $540, plus a $220 examination fee, driving up the total cost to over $1,000, not including attorney fees.
Can you get a free patent?
Is it possible to obtain a patent for free? Only under limited circumstances, which are laid out in Section 708.01, List of Special Cases, in the Manual of Patent Examining Procedure (MPEP). If your concept fits, you will need to prepare a statement of facts to justify special consideration for a fee waiver.
How hard is it to get a patent?
Since patents are legal articles, they can be somewhat difficult to obtain. Once you’ve completed your application and paid all the associated fees, which can run between $200 and $850 in the U.S., you’ll send it to the patent office, which in the United States is known as the U.S. Patent and Trademark Office.
Why is a patent so expensive?
Because patents are valuable to have and expensive to infringe there will always be those who seek to get around your rights. The job of the patent attorney is to make sure that doesn’t happen to the greatest extent possible. That requires a lot of time and energy, which translates into money.
Do you get paid for a patent?
As patent holder, you retain ownership of the invention and earn royalty payments on future sales of the product. You can grant an exclusive license to one company or several companies. Royalty rates run from 5% to 20%, so the product would have to sell quite a bit for the patent holder to earn big money.
How much money can you make selling a patent?
If the corporation makes an offer, it will typically be anywhere from $50 thousand to $8 million, and can be higher. On the other hand, an inventor trying to simply market an issued patent to corporations, is likely to get anywhere from $5,000 to $35,000.
Are design patents worthless?
Utility patents protect inventions that claim to have some practical application or use. (A lot of them still claim things that are actually useless, but they’re supposed to be potentially useful.) Because design patents can only protect non-functional works, they’re kind of like copyrights for visual works.