One repeated mistake inventors made was the failure to properly determine the novelty of their concept. All too often, Brian was able to locate prior art that anticipated the inventors concept. Even though the inventor may have already had a patent application on file, they did not perform adequate prior art searching. This often led to the unfortunate realization that the rights to their invention were already owned by someone else.
Another common mistake was the inability by these inventors to adequately communicate the operation, features, and benefits of their invention. Without adequate 3D computer models or prototypes, the “wow” of their invention was lost along with the enthusiasm for the project by company leaders.
A final mistake was the failure by inventors to secure their inventive rights in a robust patent application. This not only makes it difficult for company decision makers to grasp what will be protected, but it is often interpreted as a lack of seriousness by the inventor. In addition, less ethical companies will view this as an opportunity to borrow aspects of the invention from the inventor.
Are you thinking of disclosing your invention to a company? Do you have hopes of partnering with them for the purpose of establishing a royalty stream or lucrative sale? Devicepatent.com’s mission is to offer services that will help inventors avoid these mistakes. Devicepatent.com is here to prepare your inventive concept for a successful reception and to secure it from being improperly exploited.