Anyone who has come up with a genius idea naturally wants to claim it. After all, creations of the mind like inventions, literary and artistic works, and other intellectual property are valuable, so why not benefit from your work?
If you have an idea, prototype, or invention that you want to protect, a patent can help secure your rights as the owner and creator of such works.
The Benefits of an Intellectual Property Patent
The innovative spirit in every person is worth protecting. The creator of any invention or work should be able to benefit from it financially and preserve the advances made in their field. When a new creation contains an inventive step and is capable of industrial application, a patent could prevent others from making, using, or selling that invention.
A license will protect your intellectual property for a predetermined period, allowing you to keep competitors at bay. Moreover, you can license your patent for other people to use or sell, which could provide a vital source of income for your business. Some companies profit solely from collecting royalties from a patent they licensed.
The Role of a Patent Attorney
When seeking to license your invention, it’s beneficial to hire a patent attorney. Patent law is a very nuanced area of law that requires extensive knowledge in multiple fields. Patent attorneys work in this specialized field of intellectual property to guide inventors and companies through the application process and then act to enforce the patent when violated.
A patent lawyer could help you research your invention, represent you in the application process, and create a patent that will adequately protect your creation. They could also prosecute individuals who violate your rights by using your invention without permission.
Qualifications of a Patent Attorney
Patent lawyers are not a dime-a-dozen. Writing a proper patent application requires the union of extensive legal and technical knowledge with the ability to explain complicated concepts in a way that can withstand the challenges from other leading patent lawyers.
With this in mind, it makes sense that patent attorneys have to go through comprehensive training. Since law school alone doesn’t provide a sufficient understanding of how to formulate a patent application, attorneys who wish to practice patent law must also be licensed by the United States Patent and Trademark Office (USPTO) and have a background in science.
Starting Your Application Process
Not every idea is patent worthy. It’s important to consider whether or not your invention is significant enough to risk investing the time and money into pursuing a license. Even if your concept is creative and novel, your design has to be materialized as a commercially viable business to get a patent. Typically the most successful entrepreneurs are the people who know how their invention will fit in their business life.
Once you understand the implication of your idea, a patent attorney can help you through the application process. If your design is better, faster, or cheaper than current alternatives, the attorney fees are more than worth it.