How to Sell a Patent

HOW TO SELL A PATENT?

Being a patent owner can be an incredibly valuable resource. Applying for and obtaining a patent can be a sometimes long and complicated process. Once you get a patent, you still need to figure out how to monetize the patent. How to sell a patent How best to sell a patent will depend on your ultimate goals as well as your current circumstances. To monetize your patent, you have a few options: Sell the patent rights for your invention; Grant…

Can You Patent an Algorithm?

CAN YOU PATENT AN ALGORITHM?

Have you developed a new software code and are wondering if you can patent an algorithm? This is a common question with developers, as they often want to know if their algorithm can be protected under intellectual property law. Can you patent an algorithm? Unfortunately, algorithms on their own cannot be patented because they are considered an “abstract idea.” however, you can patent the software process underlying your algorithm. Algorithms in today’s information age Artificial intelligence and machine learning developments…

Can You Patent Software?

Developing computer software can be a difficult, time consuming, and lengthy process. After this long road, people often want to protect their software with a patent. But the question arises: can you patent software? Can you patent software? The answer to the question of software’s patentability is the frustrating “it depends.” software algorithms on their own cannot be patented, but the process underlying the software often can be patented. Patents rights A U.S. Patent can be highly covetable as it

Should I Assign My Patent to My Company?

SHOULD I ASSIGN MY PATENT TO MY COMPANY?

Whether you already own a patent or are pursuing a patent for your big idea, one important consideration is whether to own the patent rights individually, to assign the patent rights to your company, or to create a company and then assign your patent rights to this newly formed company. Should I assign my patent to my company? Which option is best for yourself as the inventor and your patent will depend on the specific circumstances related to your patent…

Can You Patent an Idea Without a Prototype?

CAN YOU PATENT AN IDEA WITHOUT A PROTOTYPE?

If You’re Working On Patenting An Idea, A Common Question That Comes Up Is Whether Or Not You Need A Prototype When Filing. Can You Patent An Idea Without A Prototype? You Can File A Patent Application To The Patent And Trademark Office For Your Idea Without A Prototype. However, You Do Need To Know Enough Detail About Your Idea To Accurately Describe It In The Application. Prototypes Can Be Very Helpful In Understanding And Fleshing Out Your Idea, So…

What Information Is Needed for a Software Patent?

WHAT INFORMATION IS NEEDED FOR A SOFTWARE PATENT

Having the right description is key in patenting software. That’s going to help a patent attorney create a good or well-written patent application for you, one that is going to protect your concepts.