Innovation isn’t invention; it’s often a necessary, welcome change in the way we do things. The strategy must balance the chaos of innovation with the stability of conformity. This is the most efficient, cost-effective path to successfully launch an innovative product.
If you do your own patent search without much experience, you probably will not find the prior art the patent examiner will find during searching. This will result in the rejection of your patent application if you file it on your own.
U.S. Patent and Trademark Office Director Kathi Vidal published a director’s blog post July 11 addressing the office’s current backlog of patent and trademark applications, which the latest USPTO data show to be 785,387 unexamined applications/25.6 months total pendency for patents and 14.5 months total pendency for trademarks.
Inclusive innovation is a force that is crucial for building a better world. The NAI event, held June 16-18 in Raleigh, North Carolina, showcased a member organization comprising U.S. and international universities and governmental and nonprofit research institutes, with over 4,000 individual inventor members and Fellows spanning more than 250 institutions worldwide.
Cara Brzezicki has created to help people all her life, and nothing’s going to stop her now BY REID CREAGER
For 10 years, former and current staff from the USPTO’s Intellectual Property (IP) Attaché offices have visited businesses, inventor support organizations, and legal representatives to hear the concerns of stakeholders and educate them about IP. During recent visits to Orlando and Atlanta, the attachés continued the tradition, presenting a world of possibilities and information to local innovators exploring international IP protection.
As our readers know, one of Tangible IP’s criteria for assessing the health of the patent market is tied to large verdict awards that tend to make headlines and grab attention in the boardrooms. The past couple months provided its share of those, which should help long term in maintaining—if not increasing—patent valuations.
Modify a houseplant’s genetics to help change the air in our homes for the better.
Most people assume a patent covers the entire item, whereas it may only cover a fraction of the features. Tips on an old-school approach to landing a licensee for your invention.
Dr. Charles Drew pioneered blood preservation and storage while advocating for more opportunities for Black physicians. Carrying a tray of bright red geraniums, Dr. Charles Richard Drew led his daughter to the backyard of their three-story house on the campus of Howard University in Washington, D.C., where a circular arrangement of colorful blooms awaited them.
Inventors and product designers can learn from home shopping’s focus on relatability, tone, and creating an aura of scarcity. Corny and predictable presentations work—so as millions pay, pay attention.
LinkedIn, the world’s largest professional network, provides many opportunities for inventors and entrepreneurs to find new ways to refine ideas, gain feedback and network. LinkedIn Groups can enhance this.
Companies always want a margin of at least 50 percent. You need to have a good grasp of the percentage of the retail price the company receives to address this issue. Understand and leverage these 4 main deal-making factors for your potential partners.
The USPTO granted its 12 millionth utility patent on June 4. “Labeled Nucleotide Analogs, Reaction Mixtures, and Methods and Systems for Sequencing,” awarded to Pacific Bioscience in Menlo Park, California, involves a chemical reagent for use in DNA sequencing that produces faster and more accurate results.
Aaron Muderick walked away from his life’s dream to build a creative and purposeful toy empire BY REID CREAGER
SCOTUS’ ruling came in its May 9 decision on Warner Chappell Music v. Nealy, a case that asks whether a copyright plaintiff can recover damages for acts that allegedly occurred more than three years before the filing of a lawsuit.
In her National Inventors Hall of Fame® acceptance speech, Andrea Goldsmith honored the legacy of past inductees. Shankar Balasubramanian lauded the USPTO and its current, ongoing mission to encourage and enable intellectual property protection, particularly patents. And Asad Madni thanked future generations for inventions and innovation that will further transform the world.
I have experienced an array of timelines when pitching and licensing new concepts—from licensing an item to the first person I pitched it to, to licensing a concept within a month of pitching to dozens of companies, all the way to licensing a product after pitching it for a couple of years, and everything in-between.
A key part of success when crowdfunding is to have a beautiful working prototype with high-quality digital assets (photos and videos). Consider these strategies for launching a product so it does not meet the same fate as the Hornet.
This fine line can mean the difference between no sales and big ones. Most products fail in testing, and that is exactly why it is done.
Woman’s extra-wide shoe line provides comfort with style for people with swelling issues. BY EDITH G. TOLCHIN
As the rise of social media as part of a cohesive digital marketing strategy creates opportunities for inventors and entrepreneurs to showcase innovative products online, one of the most effective tactics is collaborating with social media influencers.
Even in winning categories, some products are better than others. Here are some ways to help you to a winning formula. These principles apply across the board—whether you are looking to produce your own product, license it to a manufacturer, or strike a joint venture deal of some kind.
We at Tangible IP get bombarded every day by inventors who want us to help them sell their one or two patents and expects to receive “several millions” (sometimes even billions) from their worthy invention, based primarily on reading some headline about a large patent verdict and thinking, naturally, “Why not me?”
As the longest-standing publication in the inventive space, we guide innovators from concept to market. With tips on product creation, exclusive insights from industry leaders, and essential marketing strategies, we’re your go-to resource for turning ideas into successful ventures.
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