Transcript 11.6 - Invention Process (Patent Type).pptx

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NEW INVENTIONS SUCCESS
PATENT TYPE
DR. MARK RAJAI
MSE 303
California State University Northridge
New Inventions Success
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Valuable
great
leverage
Utility
Patent
high return
on
investment
California State University Northridge
powerful
New Inventions Success
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Utility Patent
Powerful
Protection
Mega Return
On
Investment
Leverage To
Operate
• Utility patents offer 20 year protection on inventions.
• They are the foundation that supports the innovation powerhouses in
industries.
• The return on investment for the patent protection is between 100x to
1000x.The development time MUST be spent regardless to keep the
company ahead of competitors.
• The more patents you own, the stronger your influence in the industry,
the easier it is to hire strong talent, the more likely you are to find that
one-in-a-million idea that changes the industry forever .
California State University Northridge
New Inventions Success
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Design Patent
What is a design patent?
It is legal protection of a new shape and appearance of
something. It has to be something where shape and
appearance matter.
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New Inventions Success
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 How do I get a design patent on my new design?
 File an application with the United States Patent Office.
There are thousands of pages of rules covering these
applications, so get help.
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 What is the patent cost for my design?
 If you are working with a reasonable attorney, a patent
application on your design should cost anywhere from
$1,500 - $4,500 depending on the design and the attorney.
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Reference
 http://www.new-inventions-success.com/Patent-
Definition.html
California State University Northridge