Understanding the basics of intellectual property is essential when it comes to protecting your invention ideas. Intellectual property (IP) laws exist to protect the creators of original works and inventions from having their ideas and products stolen. There are four main types of IP: patents, trademarks, copyrights, and trade secrets. Each type of IP offers different levels of protection for your invention ideas, depending on the form of IP you choose. Knowing the differences between these types of IP is key to protecting your invention ideas.
File for a Patent
One of the best ways to protect your business invention ideas is to file for a patent. Patents are a form of intellectual property that grants the inventor exclusive rights to make and sell their invention. In order to receive a patent, an inventor must file an application with the U.S. Patent and Trademark Office (USPTO). The application must include a detailed description of the invention and its purpose, as well as a statement of the inventor’s claims. Patents typically last for 20 years, so it’s important to make sure your invention ideas are thoroughly protected by filing for a patent before someone else does.
Keep Invention Ideas Confidential
In order to protect your business invention ideas, it’s important to keep them confidential until you have officially filed for a patent. Disclosing your invention ideas to the public can make it difficult to later obtain a patent. It’s also important to make sure that any employees or contractors you hire to help with your invention sign a non-disclosure agreement. This will ensure that they keep your invention ideas confidential.
Get Help From Professional Patent Agencies
It can be difficult to know how to properly protect your invention ideas without the help of a professional. A patent attorney or patent agency, such as InventHelp can help you understand the process of filing for a patent and ensure that you are taking the necessary steps to protect your business invention ideas.
InventHelp agency works with inventors and provides them with the legal services, as well as marketing and sales assistance needed to bring their ideas to market. The company has been around for more than 30 years and has helped thousands of inventors gain the patent protection they need for their product ideas.
The patent process can be a very confusing and frustrating process. However, if you have a product idea that will make you money, it is well worth the time and effort to protect your invention ideas with a patent.