Category: Patent Process
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Calculating the Economic Value of a Patent
Due Diligence for Patent[1]s – The value of an invention is proportional to the ECONOMIC impact it has on a product or market. The economic value of an invention is notoriously hard to estimate, but…
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How to Finance Getting a Patent?
You can get financing for your patent through BlueIron before you raise money. Entrepreneurs are caught between a rock and a hard place: they need money to get proper patent protection, but they need patent…
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What is the cost of a cheap patent?
What is the cost of a cheap patent? It turns out to be very expensive. Airplane wreckage on black sand beach, Iceland Some startup companies do not want to spend much money on patents, so…
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Patent Rejection – What it takes to get a patent issued
Your patent will typically be rejected by the examiner. Do not worry. The back-and-forth process between the examiner and applicant is a necessary part of getting a strong patent allowed. We want the examiner to…
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How much does a patent cost?
A typical US patent cost[1][2] is over $60,000. This is according to the American Intellectual Property Legal Association bi-annual survey. This is the average patent cost across the US for a patent on a “high…
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Considering Constraints When Evaluating Patentable Ideas
When all you have is a hammer, everything looks like a nail. Every invention has a set of constraints, and it is imperative to uncover and evaluate them when considering patenting. This applies to an…
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A good patent is easy to read
A good patent is easy to read[1]. If you can’t understand your patent application, neither can the patent examiner. Many people tell me that they did not understand their patent application because their attorney used…
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What does a good patent application look like?
Good patents are NOT written in “legalese”. I had a telephone interview with a patent examiner a while ago and in the course of the interview, the examiner said that he really liked my patent…
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Curating Inventions in the Invention Disclosure Meeting – Myopia
Since BlueIron has a vested interest in the quality and economic value of your patents – it is the only collateral that BlueIron uses – we NEED patents to be high quality. The single biggest…