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Invention Timeline to New Inventions Success

INVENTION TIMELINE

Overview of Invention Timeline

The invention timeline moves through the following stages (generally in this order):

Digital Clock Design - Patent Drawing

Conception through Reduction to Practice

The invention timeline starts in the mind of the inventor. Often conception is a reaction to some frustration or limitation that is then overcome by genius and creativity. Once the inventor has become fully aware of those key pieces of the invention and generally how it is to work, it is conceived. At that point, it is eligible for national and international protection. The prudent step is then to file a patent application in the inventor's home country. Skip this step of the invention timeline only if the invention is not worth anything and you want to skip to the end of the lifecycle. Once you have or while you are working on the patent filing, reduction to practice is critical to commercial development. Every invention needs to be proven with a prototype that works

Exploration through Patent Registration

Having a working prototype, the timeline of inventions moves on to exploring commercial development of the invention. Every prototype needs tweaks to make it market ready. Turn the prototype into a product. Make it appealing, convenient, inexpensive, and easy to understand. Research your customers, your sourcing, your potential distributors. Understand the market so that your initial commercial development has enough success to keep your inertia moving. In this portion of the timeline of inventions, you don't have to be perfect, but you MUST show promise or your investors, suppliers, distributors, and customers will vanish. This is also the time when the patent office will respond with all the reasons you should not get a patent. Negotiate your heart out and fight the bureaucracy that is designed to only let you through if you care enough. This is the part of the invention timeline where you fight until the office admits your genius and grants you a patent registration.

Main Term Commercial Development through Patent Maintenance

With a patent registration in hand you have a potent tool for making your main term commercial development a great success. This part of the timeline of invention is all about sustaining your product line for 10 - 20 years or profitability. Fine tune your manufacturing. Turn your distribution/sales team into a well oiled machine. Make absolute certain that your customers are pleased as punch. Meanwhile, keep a close eye on your patent. Just like you would post a guard to watch a chest of gold, post your attorney and your sales team to watch your patent. Keep your maintenance fees with the patent office paid at the right times and make sure you spot infringers. Infringement is validation and multiplies the value of the patent registration.

Late Term Development to the Unprotected End

As your invention ages through the inventions timeline, you have to have a game-plan for dealing with the Unprotected End. When your patent registration expires, you lose that critical tool for making your business successful. How can you handle this? Everything you've been doing for the past 15 years should have you well prepared. See below for ideas:

Summary

It is important to be aware of the phases that your invention will go through. Knowledge of the invention history timeline is power and this knowledge will help you manage each of the phases as they come along.

Patent Prosecution is the pressing of a patent application to its completion and actually receiving a patent.




© 2008-2012 iFish - New Inventions Success


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