Patents are valuable - Patents may have commercial value but that usually depends upon how it has been used. A patent means the invention works as verified by the government - The U.S. government does not test inventions to see if they work. A patent gives the owner the exclusive right to make, use, and sell the invention - A patent gives its owner the right to EXCLUDE others from making, using, and selling exactly what is covered by their patent claims. A holder of a prior patent with broader claims may prevent the inventor whose patent has narrower claims from using the inventor's own patent. A patent right is exclusory only.The Average Cost to Patent an Invention
No entity that works professionally with the patent process publishes any average of the cost involved in patenting an invention. The U.S. Patent and Trademark Office simply publishes a list of the office fees, while the magazine IP publishes some ballpark numbers qualified with pages of discussion and the law firm Oppedahl Patent Law throws out a few numbers. state that an invention's complexity greatly determines the cost of the patent process.Patenting and USPTO Patent Applications - What is a patent? What kinds of patents are there? What is the USPTO?
Some people may confuse patents, copyrights, and trademarks. Although there may be some similarities, they are different and serve different purposes. Read What Do I Need? or Understanding Intellectual Property if you need to understand the differences better. Patents and trademarks are both issued by the USPTO.Why Perform a Patent Search?
The classic reason to perform a patent search is to assure an inventor that no previous patent interferes with the inventor's plan to file a patent application. Other reasons include: learning more about a new field of technology, For market information,In order to track the intellectual property of competitors.The Poor Man's Patent is a Myth
One of the undying myths of Patent World is that there is such a thing as a Poor Man's Patent. If you've never heard of it, the poor man's patent involves writing out a description of your invention and mailing that description to yourself. The transmission of this description through the mail and the cancelling of the postage by the Post Office is supposed to establish a date of invention for you. That way if someone steals your invention or comes along and invents it independently, you have "proof" that you invented it first. The proof is in the sealed envelop and the date the postage was cancelled.