“Patents and Prototypes” Launches Webinar
May 1st, 2012 @ 6:30pm/pst Patents and Prototypes is for the innovator, entrepreneur, inventor or startup ready to launch a new idea and product into the world. Come watch the live show here and add our show schedule to your calendar. We’re a community of folks that believe a combination of hard work, dedication and passion can build dreams and change lives. Patents and Prototypes is not an invention promotion company. Patents and Prototypes was started with the intention to help risk takers understand the patent and product development...
read moreInventing Profit’s Talk Radio Show
Inventing Profit at blogtalkradio.com. Inventors share their stories of success and failure in their venture for Inventing Profit. Listen and learn how to avoid pitfalls of the inventing process. Visit the blogtalkradio.com website to listen to hosts Eric Hanscom and Joe Donoghue as they speak to Murray Learmonth, VP of Engineering from Leardon Solutions.
read moreThe Licensor Makes Out Best When…
I have found the licensor (you) makes out best when: 1. Minimum royalties or % of the gross, whichever is greater. That way you always get something, and if the licensee starts selling a ton of products, you don’t feel cheated because they are making so much more than you are. Also, try to get the minimum royalty up front, before the accounting period begins. 2. Quarterly royalty periods. Don’t let them pay you yearly as then the seasonal fluctuations will even out in the licensee’s favor. Also, if the licensee goes...
read moreWhat can you do after Filing your Application?
Once you are filed, what do you do? Can I show my invention? You can be barred from obtaining a patent if you fail to file an application within 1 year of your first sale or public disclosure of your invention. Once you have filed your application, you can publically disclose your invention without having it count against you. Another reason to get a patent application filed is to get your filing date such that anyone who sees your invention and tries to steal it by filing their own patent application on your invention, will have a...
read moreIdeas Uploaded Interview with US Patent Attorney Eric Hanscom
Ideas Uploaded Interview with US Patent Attorney Eric Hanscom, managing attorney for InterContinental IP. You may not have known, but Eric is an inventor himself. In this podcast, he offers his advice on how inventors should protect their intellectual property. This includes information about the importance of doing a patent search, the difference a design patent and a utility patent and how an independent inventor can use a provisional patent to keep their costs down while finding out if there is a market for their invention. Ideas...
read more