Do you have an idea and want to make money by selling the idea to someone else by filing a provisional patent application? You’re not alone, many people wonder about this. Truth is, it’s unlikely but there are better ways of selling an “idea.” Can you sell a provisional patent application? The quick answer is yes, it is possible. But it rarely happens. Selling a provisional … [Read more...]
Patent related articles.
Many people call me and tell me that they want to get a patent so that they sell it or license it to make money. If this is you, continue reading. So, can you make money by patenting and licensing your ideas? Yes, you can make money selling and licensing ideas. However, selling and licensing just an idea without more is difficult. You need something more to be … [Read more...]
The Patent Office gives inventors so many different options for filing a patent application that it confuses inventors. In this article, we will discuss the choice between a provisional patent application or a nonprovisional patent application. So, should you file a provisional or nonprovisional patent application? In general, if you need to delay patent costs, you should … [Read more...]
On June 19, 2018, the United States Patent and Trademark Office (USPTO) granted its 10 millionth patent. Since the inception of the patent system and grant of the first patent, the rate of technological improvement has increased 25-fold as discussed below. The 10 millionth patent (i.e., U.S. Pat. No. 10,000,000) was for Coherent LADAR using Intra-pixel Quadrature Detection. … [Read more...]
On May 9, 2018, the United States Patent and Trademark Office (USPTO) released a proposed rule change regarding the future of claim construction during post grant proceedings at the USPTO. The press release indicated that all post grant proceedings such as the Inter Partes Review, Post Grant Review and Covered Business Methods will no longer use the “Broadest Reasonable … [Read more...]