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Do You Need a Patent

Do you need a patent to protect your technology? That depends. A patent isn't always the right solution to protect yourself from competitors. In some cases, it's simply a waste of money. To understand if you need a patent, you first need to know how they work and what protections they offer. For all the details about patents, read this PDF.

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Do You Need a Patent

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  1. Do You Need a Patent?

  2. Doyouneedapatentto protectyourtechnology? That depends. Apatentisn'talways therightsolutiontoprotect yourselffromcompetitors. In somecases, it'ssimplya wasteofmoney. To understandifyouneeda patent, youfirstneedtoknow howtheyworkandwhat protectionstheyoffer. Forall thedetailsaboutpatents,

  3. What kind of inventions can be patented? TheUnitedKingdomPatentandTrademarkOffice (UKIPO) definesan inventionas “anynewandusefulprocess, machine, manufacture, or compositionofmatter, oranynewandusefulimprovementthereof.” TheUKIPOisthegovernmentagencyresponsibleformanaging patents, trademarks, andcopyrights.Ifyouwanttoprotectyour technology, youmustregisteritwiththeUKIPO. Patentsprotectinventions. Theydon’tmakestuff. Wealreadyknow that. Butpatentlawsignificantlyaffectshowyouprotectyourbrand. Tounderstandwhetheryouneedapatenttoprotectyourbrand, you firstneedtounderstandhowtheywork. Patentsprotectspecificarrangementsofwords, suchaswordsona pageorclausesinacontract. Patentsspecifywhatyoucandowiththe invention. Theyalsospecifyhowyourcompanycanuseyourinvention.

  4. How much does it cost to get a patent? It'snotcheaptogetapatent. Thefilingfeetosubmitanon-provisionalutilitypatent applicationtotheUKIPOiscurrently $730. TheUSPTOestimatesthatthenon- provisionalapplicationprocesswilltakeabout30monthsfromstarttofinish, withan additionalsixmonthsorsoforthepatenttobeapproved. Patentsaredefensiveweapons. Iftheinfringementisfoundtobeinvalid, apatent grantstheinventortherighttopreventthesaleoruseofaproductorprocessthat infringesitspatents. Inordertouseapatent, acompanymustpayroyaltytothe ownerofthepatent — usuallythepatentowneraftercollectingthelicensefeefrom thepotentialcustomer. Patentswereeconomicallybeneficialforinventorsforyears. Priortothe1800s, inventorscouldselltheirpatentfor $1eachtoanyonewho wantedtobuyit. However, withoutpayingtheownersofthepatents, theinventor didn'treceiveanymonetaryrewardfortheinvention. Therewasnoincentivefor inventorstogotogreatlengthstoprotecttheirpatents. Beforethat, inventorsreceivedarewardforscoringatleastonepatent. Additionally, theycouldhaveamonopolyontheirinventioniftheyhadmanypatentapplications todefend.

  5. What are the benefits of having a patent? Apatentistheonlywaytolegallyprotectaninvention. Thisgivesyoutherightto preventothersfrommaking, using, orsellingyourinvention. Withapatent, you’re alsofreetolicenseorsellyourinventiontoothers. Ifyoustartworkingonanew inventionanddecidetopatentit, you’llhaveanedgeoveryourcompetitors.That’s becauseiftheygetthepatentbeforeyoudo, theycanusuallypatenttheheckoutof it. Patentsareimportantforinventorsandentrepreneurs, butthey’realmostnever helpfulforbusinessorlitigation, whichwe’lltalkaboutnext. Youcanreadpatentsat anytime — andprotectthematanytime. Patentsexpire. Whenapatentexpires, no othercompanyisallowedtomakeorusetheinventionwithoutyourpermission. You canrenewyourpatentsatanytime. Ifyoudecidetobuyapatentfromsomeoneelse inthefuture, youcanuseitatanytime. You’lllosetheprotectionofyourpatentif it’spurchasedbyanyothercompany. Mostpatentsareonlyvalidforthreeyears afterthedatethattheywereissued. Ifyourpatentexpiresbeforeyourthree-year expirationdate, it’stypicallyconsidered “expired” andcanbeusedbyanyoneelse. Youcanextendyourpatenttermevenfurtherbyfilinganewpatentatthesametime asanoldpatentwouldhave.

  6. Thank you for reading PDF Forknowmorevisit: https://www.albright- ip.co.uk/patent-idea/

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