Patwrite LLC

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Free Initial and Follow-Up Consultations! Now you can afford to get the answers you need. Many people are under the impression that a patent is an easy road to getting rich. A commercial is running on TV right now depicting poor inventors who missed out on lots of money because although they thought of the greatest invention, they didn ’t patent it. This commercial is for a company known in the trade as an "Invention Mill." I will not name the company or any other company for that matter, but I am sure that you are familiar with them. The problem with these companies is they imply that they can take you through every step necessary to make money off an invention. In general, this is a "too good to be true" offer. The best way to obtain protection for your intellectual property (IP) is to seek help from either a patent attorney or a patent agent. The difference between a patent attorney and a patent agent is that a patent attorney is a member of at least one state bar as well as the patent bar and is therefore an attorney, where a patent agent is a member of the patent bar only and is not an attorney. In my opinion although I am a patent attorney, either one is really just as good to help you file a patent application. Of course if you need some help incorporating your business or you need to stop an infringer, you need an attorney. To finance your invention, you need investors or bankers or family members etc. To build your invention, you need to find a good manufacturer for your product. Unfortunately, although it would be great if there really was a company that could put this all together, in my experience it doesn ’t really exist. This is not to say that there are not associations and chambers of commerce, etc. that can ’t help you make contacts and network. I encourage all inventors to join such associations. They are a really good resource, but they will require you to get out there and do the footwork. The companies that promise you lots of money by just submitting your idea to them just isn ’t true for 99.9 % of the inventors. I have seen the testimonials of a few individuals who claim that some company did that for them, but it is hard to verify and in general, if you are going to make money off your invention, you have to get out there and be a promoter. There is no magic company that can provide everything. In this issue of the Patwrite IP News ­letter, I will begin the first of a series of articles on the basics of patents. You can consider this Patent 101. I will start out with some basic definitions and give you an idea of just what a patent is and is not. First, a patent is not a "gift" from the government to make you rich. When the founders of our nation met to draft a constitution, a leading American intellectual by the name of Benjamin Franklin was very impressed with the role that science plays in advancing a nation. Many of the founders were a product of the scientific revolution that had begun in Europe and was especially evident in the French Revolution. The idea of how best to promote the advance of science and technology was debated.

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