Have you thought about a good patent strategy?
Posted: Dec 01, 2016
If you have an invention and you wish to protect it in the best possible way, then what will be your best strategy? The answer is to obtain good patent for the invention in one country or in another countries where your invention may be of business value. Before beginning with the process of patent filing in India or in any country, the scope of protecting an invention should be equated with the cost of obtaining it, taking into consideration the level of profit which can be expected from the invention. Whether it is an individual inventor or a multinational company, everybody wants to get good value for the money invested.
The first thing you need to keep in mind is to choose where you want to file your application. The choice will depend where you want to concentrate your business. This is one of the main questions you need to ask yourself before you start patent filing in India or in any other country. Also you need to make sure you choose the right time to file your patent. Keep it in mind that disclosing your invention before filing may ultimately lead to cancellation of your patent. So in case you are revealing your invention to people, they should be trustworthy. Plan as much as possible before starting with the process and discuss with a consultant who provides consultancy related to patent filing, freedom to operate search and other aspects related to protection of your intellectual property.
You should do a good research before. It has been found that many brilliant inventions, for whatever reasons, do not get the success as expected. Just because you have not seen anything like your invention before, that does not mean that nobody has had the idea before. It is really disappointing or surprising when the patent examiner finds a patent application with the same invention. So doing a good research is useful. It is obvious your patent service provider will help you by conducting relevant searches but you should also invest time to search online resources specific to your invention.
Patent is one category of intellectual property. Along with that, you should also consider getting trademark and copyright for your invention. Your intellectual property firm will help you in obtaining them too. Just keep in mind your service provider has good experience in all aspects including obtaining trademarks, copyright protection and patent filing in India.
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