Conceptualizing, inventing. and commercially releasing a new product can be a challenging endeavor. There are generally unforeseen obstacles and unexpected costs that pop up along the way. An entrepreneur must be fully committed, passionate, and dedicated to the process in order to succeed. Even then, statistically, he or she still may fail. Adapting the plans and strategy after a failure is what separates the entrepreneurs who succeed from the ones who do not. To truly be effective, a business owner must learn from past mistakes and implement those lessons in the future.
For example, you do not want to spend a substantial amount of money on a patent that does not bear fruit. If the project is a huge disappointment, it is understandable that you could lose motivation and be fearful of implementing your next idea. A patent attorney in Santa Monica can help you deploy your product ideas strategically and share insight into the feasibility of your inventions.
Three Types of Patents
To make the determination of whether you need a patent, let us look at what a patent is and what can be patented.
A patent granted for an invention is the endowment of property rights to the person considered the inventor. Issued by the United States Patent and Trademark Office (USPTO), a patent’s term is typically 20 years from the application date. U.S. patents are only enforceable in United States and territories of the U.S.
The privilege afforded under the grant of a patent is the legal right to prohibit others from manufacturing, using, or selling your invention in the U.S. or importing your invention into the U.S. The rights under a patent are designed to prevent others from making, using, selling, or importing your invention. The patent is not designed to give you the right to make, use, sell, or import your invention.
There are only three forms of patents:
Utility patents are issued to individuals who discover or invent a useful or new process, machine, method of manufacturing or composition of matter. This patent is also granted to a person who creates a useful and new improvement on the existing aforementioned items.
Design patents are issued to individuals who invent a new and original design for something being manufactured.
Plant patents are issued to individuals who discover or invent and asexually reproduces a new and distinct variety of plant.
Patent Attorneys in Santa Monica and Los Angeles
At Verhagen Bennett LLP, we genuinely enjoy helping our clients find the best strategies for differentiating their brands, safeguarding their inventions, and growing their businesses. We work closely with inventors to ensure they understand and fully evaluate the options available to them before moving forward with the appropriate legal action.
Allow us the privilege of guiding you through the next stage of growth in your venture. Whether it is from concept to marketplace or from domestic to global, we understand what is needed to build a lasting and trusted relationship.
Schedule a consultation or call (310) 917-1064 today to learn how we can help you take your business to the next level.
For questions or comments about this post, please email us directly at: info@VerhagenBennett.com
© 2018 Verhagen Bennett LLP — This article is for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.