Discover how to get a patent while maintaining confidentiality: Learn about provisional patent applications, the first-to-file system, and strategies for controlling disclosure in the patent application process.
“There are two common scenarios to how one becomes a patent troll. The first is the unfortunate scenario of a failed business,” says Yuri Eliezer, Founders Legal partner and patent attorney. “Ultimately, when a business fails there are assets that remain. One of those assets may be an intangible asset or a patent right,” Eliezer…
A new proposal from Congressman Thomas Massie of the 4th district of Kentucky seeks to revert our patent system from a ‘First to File’ system to a ‘First to Invent’ system. This would allow patent applicants to submit a sworn affidavit back-dating their patent priority date to the day they claim they actually invented. A patent priority date is important, as only the inventors with the earliest priority date are entitled to patent protection.
In forming a company with more than one owner, a question that typically comes up is, “how do I structure my relationship with my partners?” or “What are the different forms of business ownership and organization?” The concern is usually about making things fair when partners contribute different things in return for their stake in…
Growth of A.I. Patents in the U.S. Shows Promise for Revolutionary Inventions The United States Patent and Trademark Office (USPTO) suggests that artificial intelligence has the potential to be the next revolutionary invention, according to their new report. The report showcases the exponential growth and diffusion of Artificial Intelligence within patented technologies from 1978-2018. Notably,…
How To Legally Protect Your Game Board Idea Say there is a game thats been around. A lot of people are familiar with it. No one has made a board game out of it. How do I protect something that everyone knows but no one is actually selling? In protecting board games, you have the…
The 2 Most Common Rejections of a Patent Application Several months after your patent application has passed preliminary examination, the process of substantive examination will begin. During substantive patent examination, a patent examiner is assigned to review your application. The patent examiner will, among many other actions, assess your patent claims and perform a patent…
Should I Protect My Software Back-end with A Patent Or Trade Secret? This is your judgment call. If someone files a patent on your back-end before you do, you risk expensive legal fees down the road proving that you were the first to use the technology. A valuable patent covers more than an exact rendition…
Patent Expiration – Should You Reapply on Your Provisional? I have not started manufacturing and my provisional patent application has expired. Should I re-apply for a provisional patent or apply for a full utility patent? Once a provisional patent application has expired, you may refile the same provisional application on condition that you have not…
How Long Does It Take To Get A Patent? “On average, it takes 2-1/2 years to complete the application process for a patent in the U.S., according to data in the infographic generated by online patent law service SmartUp. Mechanical engineering patents are likely to take longer, with average wait times clocking in at almost…
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