The process and places for Patenting an idea?

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  • imaginax
    Confirmed User
    • Jun 2002
    • 463

    #1

    The process and places for Patenting an idea?

    My friend is looking to patent a tangible product, and he was talking to me about it, and I told him I will come here and ask since I know people wouild have information here.

    I know Evan of XPAYS is familiar with the patent process, so evan if you can give your input as well, that would be awsome!

    He basically wants to know roughly how much it might cost to patent a product, how long it might take, and what are the most economical places/attorneys that would do this for you.

    Thank you everyone!
    imaginax - Design is Art
    ICQ: 279-723-701
  • After Shock Media
    It's coming look busy
    • Mar 2001
    • 35299

    #2
    Have a fantastic new idea and dreams of getting rich off of the patent?
    Great! The Chinese and Koreans are waiting patiently to begin the super quick process of manufacturing outstanding versions of your idea and getting them on the shelves while your wondering what the fuck happened.

    Getting the patent is the easy and cheap part of everything. Enforcing it is the expensive part.

    [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

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    • Rebecca Love
      Skinemax BQueen
      • Jul 2004
      • 2145

      #3
      Originally posted by After Shock Media
      Have a fantastic new idea and dreams of getting rich off of the patent?
      Great! The Chinese and Koreans are waiting patiently to begin the super quick process of manufacturing outstanding versions of your idea and getting them on the shelves while your wondering what the fuck happened.

      Getting the patent is the easy and cheap part of everything. Enforcing it is the expensive part.
      exactly, it costs way too much money. there are so many countries you would have to patent it in, someone can steal your idea, snazzy it up, and start selling it across borders. it just isnt feasible. or it wasnt for me at the time.


      Kisses,
      Rebecca Love
      "Skinemax BQueen of Late-Nite"
      www.RebeccaLove.com

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      • imaginax
        Confirmed User
        • Jun 2002
        • 463

        #4
        Right, I realise it may be hard to enforce in some countries, but he still wants to patent it, so what would be a good place to do that and such?
        imaginax - Design is Art
        ICQ: 279-723-701

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        • imaginax
          Confirmed User
          • Jun 2002
          • 463

          #5
          Bumpeeee
          imaginax - Design is Art
          ICQ: 279-723-701

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          • AlienQ - BANNED FOR LIFE
            best designer on GFY
            • Mar 2003
            • 30307

            #6
            Unless you're friend has alot of money...
            Forget about the Patent process.

            Comment

            • imaginax
              Confirmed User
              • Jun 2002
              • 463

              #7
              Well how much money does it cost? This is what I am trying to figure out from someone who has had experience
              imaginax - Design is Art
              ICQ: 279-723-701

              Comment

              • imaginax
                Confirmed User
                • Jun 2002
                • 463

                #8
                Bump for more answers.
                imaginax - Design is Art
                ICQ: 279-723-701

                Comment

                • imaginax
                  Confirmed User
                  • Jun 2002
                  • 463

                  #9
                  One more try for an answer
                  imaginax - Design is Art
                  ICQ: 279-723-701

                  Comment

                  • imaginax
                    Confirmed User
                    • Jun 2002
                    • 463

                    #10
                    One last bump
                    imaginax - Design is Art
                    ICQ: 279-723-701

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                    • Michaelious
                      Confirmed User
                      • Jan 2004
                      • 6720

                      #11
                      there is a patents department in every major goverment, check a website e.g. whitehouse

                      Comment

                      • XPays
                        Team Player
                        • May 2004
                        • 13002

                        #12
                        Originally posted by imaginax
                        One last bump
                        it depends how much of the legwork your friend can do himself. the patent process is specifically designed so that one could possibly see the entire process through by one's self even if one is not a lawyer. a lot of inventors will use a hybrid and start it off prior to handing it off to an experienced ip attorney. the costs depend on the above factor, the number of claims for the invention, and any office actions during the process. estimating the cost is difficult without more info but easily 5 figures.
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                        • imaginax
                          Confirmed User
                          • Jun 2002
                          • 463

                          #13
                          Thanks Evan, good inf. Anyone else can add to this?
                          imaginax - Design is Art
                          ICQ: 279-723-701

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                          • DaddyHalbucks
                            A freakin' legend!
                            • Feb 2004
                            • 18975

                            #14
                            I know a fair amount about patents.

                            To get a patent, your device has to be "new, useful, and non-obvious." You can search the USPTO database at [www.uspto.gov] for similar inventions.

                            Cost to get a patent is approximately $10,000. It depends on alot of factors.

                            The big question is: what to do with the patent once you get it? Licensing a raw patent to a company is a shot in the dark, a lousy business model. The odds of such success are miniscule. The reason is because the truly expensive part of such a licensing model requires huge investment by the licensee: the national media buying, molds, packaging, inventory, warehousing, shipping, customer sales & support, etc..

                            The prospective licensee company looks at it this way: why take all that risk and pay a royalty, when we can sell our own products at a higher margin because we have no royalty to pay?

                            If there is no still talking you out of it, the likeliest route to market is to take the patent, mortgage your house, and start a small business around it. Prove it will sell. Then, when it is making money, you can make a better case for licensing it to a big company, because it is a proven product. That's how most licensing deals get done by independent inventors.

                            Another patent business model is "patent roadblocks." Get a patent for a technology that will become indispensible, then wait, and sue infringers. But, you need a portfolio of patents to make it a viable business. And, you must make sure you enforce certain rights in a timely manner, or you could lose them.

                            "Cluster patents" is another related strategy. Find a hot new technology, and file patents around it, on similar or dependent processes or technologies or compounds or uses.

                            Don't spend billions to patent a new drug. Wait until big pharma comes out with a new drug, then patent a better delivery system for that drug.

                            I know firms that will enforce patents on contingency.
                            Last edited by DaddyHalbucks; 11-20-2005, 01:30 PM.
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