Protecting inventions can be a source of wealth.
Invention submissions protect the vital ideas of a business with patents. If you don't put up the shield of protection, then the vultures will come and gobble up the life blood of your company.
Filing a patent is the best way to protect your invention. It is not enough to simply keep your invention a secret and hope that no one will steal it. You need to file a patent application before you publish anything or talk about it with anyone, including potential investors.
There are two different types of patents: utility and design. Utility patents protect inventions that are used in industry, such as machines, processes, and compositions of matter. Design patents protect the appearance of an object, such as the shape or decoration of a product.
You might ask what inventions and patents have to do with business analysis. An awful lot! You need to analyze what things are going on in your business that should be patented. That is a smaller number than could be patented. You are looking for those ideas and procedures that would damage your business if a competitor were to get hold of them. They are the ones that qualify for being called inventions.
Business analysis is the process of studying and understanding a business in order to assess its value or make a recommendation. Business analysts need to have a background in management, economics, finance and/or engineering to understand the intricacies of any given business. The intricacies of a business are often the thing that gives a business an edge over its competition. That edge needs to be patented in order to keep that competitive edge.
The invention submission process can be a long one. It needs to be done in the right order, and it is important to keep track of all the steps. However, if you are able to follow these 4 steps, you will have a patent on your hands in no time!
There are 4 main steps to getting a patent:
Some of these steps required to make your invention submission, you can do yourself. You have to decide if it is worth hiring a patent attorney as the cost can range between $1,000 to $15,000 (depending on the scope and complexity of the patent).
Steps For Getting A Patent - All the steps for getting a patent and working with a patent invention attorney.
US Patent Search - Find out if your invention idea is really patentable.
Invention Idea Patent - The barriers to getting a successful patent are explored.
Obtaining A Patent In The US - More about the process that protects your invention from the vultures.
How Long Is A Patent Good For - The factors that effect the life of a patent in the USA.United States Patent and Trademark Office" - Patent basics.
It's your idea, your baby. If it is a good idea, then there are those
that will be more than happy to steal it from you. If you are going to
protect your baby from the world, you must get an invention patent on