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Inventions And Patents, 2nd Edition

Book Description

Today, one of the easiest ways to make money is to create and sell original ideas. Every year, more than 100,000 patents are granted in the U.S., creating a billion-dollar industry for those using intellectual property. With this book, would-be inventors can develop their ideas with low risk and a minimum of investment--without quitting their day jobs! Attorney and patent holder Steve Barbarich takes readers on an exciting journey through the patenting process. From concept to marketable product, there are step-by-step instructions that anyone can follow. This book features important information on: Choosing which ideas to pursue; Taking your ideas into the marketplace; Prototyping and test marketing; Filing the proper forms; Protecting your ideas; And much more!

Table of Contents

  1. Cover
  2. Title Page
  3. Contents
  4. Acknowledgments
  5. Introduction
  6. Step 1: The Ins and Outs of Patents
    1. Evaluating Your Idea: Marketability vs. Patentability
    2. Types of Patents
    3. Evaluating Your Idea for Patentability
    4. Doing a Patent Search
    5. The Invention Disclosure Document— Save Your Spot!
    6. Keeping a Journal
    7. Filing Your Patent Application
    8. The Provisional Patent Application
    9. Reaping the Rewards of Protecting Your Idea
  7. Step: 2 Choosing the Most Profitable Path
    1. Route 1: Use a Brokerage Firm
    2. Route 2: The Broker Finds You a Manufacturer and Distributor but You Negotiate Your Own Agreements
    3. Route 3: Find a Manufacturer and Distributor, and You Negotiate Your Own Agreements
    4. Route 4: Have the Product Made for You and Find a Company to Distribute It
    5. Route 5: Use an Agent to Sell/Distribute Your Invention
    6. Route 6: Have the Product Made for You, and You Distribute It
    7. Route 7: Manufacture Your Own Product but Another Company Distributes It
    8. Route 8: Manufacture and Distribute Your Product
  8. Step: 3 The Patent Marketing Plan
    1. Developing a Successful Patent Marketing Plan
    2. Doing the Research for Your Patent Marketing Plan
    3. Business Research Guide
    4. Sample Patent Marketing Plan
  9. Step 4: Building a Prototype
    1. Building Your Prototype: General Guidelines
    2. Choosing the Right Material for Your Prototype
    3. Choosing the Right Manufacturing Process for Your Prototype
    4. Finding Prototyping Houses: Getting It Built for You
    5. Building Your Invention Yourself
  10. Step 5: Test Marketing and Customer Feedback
    1. The Advantages of Test Marketing
    2. The Best Test-Marketing Method for You
    3. Customer Feedback
  11. Step 6: Approaching Companies
    1. The Initial Approach
    2. Trade Shows
    3. Telephone Conversations
    4. Company Presentations
    5. Dealing with Rejection
  12. Step 7: Negotiating Agreements
    1. Negotiating Skills
    2. Ten Key Negotiation Principles
    3. Nine Winning Tactics
    4. Using Power Words
    5. The Opponent’s Advantage
  13. Step 8: Agreements, Contracts, and Licensing
    1. Types of Agreements
    2. Assignment
    3. Licensing
    4. Drafting Licensing Agreements
    5. Joint Owners’ Agreement (JOA)
    6. Royalties
    7. Choosing Between Selling or Licensing Your Invention
  14. Step 9: Improving the Strength of Your Patent
    1. Method 1: Try to Work Around Your Own Invention
    2. Method 2: File for a Re-Issue Application
    3. Method 3: Include Trade Secrets in Your Patent
    4. Method 4: Don’t Include “Patent Number” Marking on Your Invention
    5. Method 5: Protest a Patent Application
    6. What to Do if Someone Worked Around Your Patent
    7. What to Do if Someone Copied Without a Patent
  15. Step 10: Product Differentiation
    1. Expand Your Horizons and Protect Your Interests
    2. Spin-offs
    3. Modifications
  16. Appendix A: Inventor’s Assistance Organizations
  17. Appendix B: Sources of Capital/ Aid for Inventors and Small Businesses
  18. Appendix C: PTO Fees
  19. Copyright