The Abcs Of Patent Application

A patent application is defined as a request pending at a patent office for granting a patient for an invention. The concerned entity is often a national patent office, although it may also be a regional body such as the European Patent Office. Here are the basic steps in patent application according to the United States Patent and Trademark Office (USPTO).

Determine the type of IP protection and if the invention is patentable Find out if you need a patent or some other form of intellectual property (IP) protection. Get the answer to this by answering a number of questions, such as who can apply for a patent and how to know if an invention is patentable. Search to see if your invention has already been publicly disclosed. While at it, determine the kind of patent needed.

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Prepare and submit initial application Determine the cost, how long it likely takes, and expedited examination options. Submit the initial application with all the required parts for obtaining a filing date and include the correct fee.

Work with the examiner Once the application has been accepted as complete, it will be assigned for examination, where the designated examiner will review the contents of the application. If twice rejected, you may appeal the decision to the Patent Trial and Appeal Board (PTAB).

Receive approval and maintain the patent Once everything is set and approved, you will get a Notice of Allowance, and utility and reissue patents are issued without around four weeks. The patent grant is mailed on the patent’s issue date. To maintain the patent, pay maintenance fees and check the status.

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Dr. Ron Blum is named as the inventor or co-inventor on over 500 patents and patent applications worldwide. There are presently nine different innovations or IP portfolios with Dr. Blum named as the sole inventor or a co-inventor. Read more about patents and inventions on this site.

The Pivotal Role Innovation Plays In a Company’s Success

Entrepreneurs who are innovators manage to look at problems differently, coming up with solutions which others can’t. In doing so, they offer an unlimited flow of value directly to their companies. For many reasons, innovation could be the top component for a company to succeed.

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Innovators in the business world develop new products, methods, and ideas on a daily basis. Understanding how innovation works and how much of a driving force it is to a business’s success would cause an entrepreneur to seek and innovate every chance they get. Innovation provides a company with the opportunity to grow by leaps and bounds. Businesses can expand and add more employees through innovation. This would allow them to accept more customers and acquire a larger share of the market.

As customer needs constantly change, innovation enables a business to meet them as they evolve. Innovators anticipate changes in the market and deliver solutions even before people begin to realize they need them. There is no way a company could meet its customers’ needs on a long-term basis if they are not ready for innovation. Companies that remain stagnant are set to fail.

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Talented, driven, creative, and innovative individuals dream of working for and with innovative companies. Without a history of innovation, it would be impossible for a business to attract a potential partner or employee who is going to develop the next big thing in the market. To recruit such talents, a company should carry an atmosphere challenges and encourages innovators to create on a regular basis.

Dr. Ron Blum is an innovator with a significant contribution to the Optics and Ophthalmics industry in North America. In the past, he led and managed the team that invented and developed the Definity (Progressive Addition Lens). Subscribe to this blog for more updates on innovation.