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Patent Use
New Inventions Success
Patent Use
Patent Definition

Patent Use

Proper patent use can help keep competitors at bay and secure better market share and pricing for the owner. It is fair because without the inventor, the invention would not even be available on the market. Used correctly a patent connects a registered patent with a particular product by marking the product with the patent number. If the patent is still in the application stage then you can mark the product with "Patent Pending" to warn people that you might receive a patent at any time. Proper use of patent protection also refers to negotiating license agreements and other deals with people that might be interested in the patent. This might be because they are infringing the patent, a competitor is infringing the patent, or just because they are interested in the protection the patent might give them.

Pipe Coupler - Patent Drawing

Improper Patent Use

It is easy to step from proper patent usage into improper patent usage. Improper patent usage can get you into serious trouble and even cause you to owe another company money. It might even invalidate the patent process. So, what are the common ways that patent use can be improper? Take a look at this list:

Using a patent incorrectly can put you in a very expensive position

Typical Use Of A Patent

Normal patent usage includes marking your product with your patent number and then using the fact that the product is protected to market the invention to others. It is also used to carefully warn and keep competitors from copying your product. A patent may also be used to attract investors, key employees, strategic business partners, and other people that may want to be involved in something new, unique, and exciting. Patents are even used by engineer types to boost their resumes!

Trends in Patent Use

The patent usage spectrum has evolved and increased over time. More and more companies, industries, and inventors are taking advantage of the benefits of patents. The kinds of inventions that now can qualify for patent status has increased, especially now that business methods and software patents are more accepted. Several new kinds of companies have evolved to make the most out of patents. Think-tanks will sometimes build a portfolio of patents so they can make money from licensing. Industry groups have formed for the sole purpose of gathering critical patents into a single entity that all of the members can practice without fear of being sued and thereby each solidify their position in the industry against outsiders. Companies have created collaborative development initiatives to share patent rights in exciting new cross-industry inventions. All these point to a trend of a continued and growing emphasis on developing new and useful devices, techniques, and ways to improve things for the rest of us.

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