CREATING SUCCESSFUL PATENTS - STRATEGY

Bulletproof protection

Having bulletproof patent protection begins with the right strategy. It doesn't have to be expensive, you just have to plan ahead. Here are some simple strategies you can apply:

1. Write patent applications that have a broad scope.
2. Include all patentable subject matter: products, systems, processes, software and so on.
3. Use provisional patent applications as required.
4. Products falling under an umbrella of patents will usually be looked upon more favorably by licensees and partners.
5. Conduct a thorough patent search.

By applying this simple strategy, you can save a lot of money and time. Just be thorough. Otherwise you may be launching a new market that will make it easy for competitors to enter and later on dominate.

Patent tactics

There are four basic patenting strategies you can apply. They are: 1) the shotgun approach; 2) the castle and moat theory; 3) cutting the forest, and; 4) patent-as-you-go. These strategies along with the following tactics are explained in detail in Essentials of Patents.

There are also several tactics you can apply depending on market conditions and competitive responses. For example, speeding up patent prosecution, slowing it down, filing CIP applications or filing new ones depending on the subject matter. These advanced tactics should be discussed with your patent attorney.

Inventors and businesses building a patent portfolio to protect a product line should pay particular attention to patent strategy and patenting tactics, else they may end out with a worthless portfolio.

Remember...if your patents aren't bulletproof...it's like putting a gun to your head.

Source

Comments

Popular posts from this blog

Databases on the FDA Website

IPEXL - New Patent Search Tool

Employee Retention – A critical issue, why..and How to solve?