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Recommended Books: The Goal by Elijahu M. Goldratt, second revised edition published by North River Press, Inc. Getting to Yes: Negotiating Agreement Without Giving In by Roger Fisher and William Ury, second edition published by the Penguin Group. Edison in the Boardroom by Julie L. Davis and Suzanne S. Harrison, published by John Wiley & Sons. The Cold Hard Facts of Making Money From an Invention! - a PowerPoint presentation setting out concepts, practical points and strategies for making money from your invention. The Patent Process Laid Out in a Flow Chart: [Coming Soon] Five Common Misconceptions about Patents: 1. Your invention need not be “Quantum Leap” in technology. However large or small the scope of your invention, to be patentable it only needs to be new (i.e., never done exactly the way you do it to accomplish the result your invention accomplishes) and can’t be an obvious modification over what is already known. 2. A patent does not give you the right to make your patented invention, only the right to exclude others from making, using or selling your patented invention. 3. A patent does not guarantee that your patented device or method does not infringe another’s patent or patents. 4. No prototype of your invention need be built or tested before filing a patent application. In fact, most patented devices or methods have never been built or tried! 5. Not all patent claims are ultimately valid.
How To Lose Patent Rights: WARNING: This is an area of EXTREME DANGER with respect to your Patent Rights!! Failure to take IMMEDIATE ACTION, if necessary, may result in the IRRETRIEVABLE LOSS of your Patent Rights! Consult a Patent Attorney IMMEDIATELY if there is any chance you fall into any category below!
Before Filing a Patent Application:
1. US Patent Rights You have one (1) year from the first occurrence of either of the following events to file a US Patent application or your US patent rights are lost:
· Offer your invention for sale (note: the Offer does not have to be accepted for the one year clock to start running, only an Offer need be made) · Public Disclosure (i.e., non-confidential disclosure) of your invention
2. Foreign Patent Rights (i.e., outside the US patent rights) You will suffer immediate, irrevocable and painful death of your foreign patent rights if either of the following events occur before you have a patent application filed:
· Offer your invention for sale (note: the Offer does not have to be accepted for the one year clock to start running, only an Offer need be made) · Public Disclosure (i.e., non-confidential disclosure) of your invention
After Obtaining a Patent:
1. Determination of invalidity by a US Federal District Court or by the Patent Office in a Re-examination or Re-Issue proceeding (in the US) or determination of invalidity by a Court or Patent Office in a country or region where the patent was originally valid (e.g., European Patent Office (EPO) or European Union country for Europe). 2. Misuse of Patent (e.g., antitrust prohibited use of the patent) 3. Fraud (in the US, if you are discovered to have withheld information from the US Patent Office during the patent prosecution process with the Patent Office related to a determination of the patentability of your invention)
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Sirius Strategic
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