${site.data.firmName}${SEMFirmNameAlt} Menu
916.749.1431

Is it worth your time to patent your invention?

As the creator of a new idea, business model, or invention, you may have been advised to apply for a patent. However, there's a lot of conflicting information out there about patents, what they can do for you, and how they work.

Entrepreneur asks the same question: is it really worth your time and money to apply for a patent? They look at it from one angle, viewing a patent as a potentially important tool in an arsenal that can be used to establish business success. They don't, however, believe it to be the only tool or even the most vital one.

In many cases, filing for a patent may not actually be the best option. For example, only the most solid of business models or ideas will actually benefit from having patent protection. Otherwise, you might just be spending money trying to secure something that will change in the near future anyway.

You should also do your research before you even consider applying. Make sure your idea doesn't infringe on a patent that's already in existence. Know whether or not your market is large enough to make a patent viable. Develop prototypes for what you intend to patent so that you understand how the near-final product will likely function. 

Essentially, your idea should be well-developed by the time you apply for a patent, and not in the early stages of planning. If you believe that you have reached a point where a patent would be more beneficial to you than not, you may then wish to look into the application process.

No Comments

Leave a comment
Comment Information

Contact Our Law Firm - Request An Initial Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Get In Touch With Us

Millstone, Peterson & Watts, LLP
2267 Lava Ridge Court, Suite 210
Roseville, CA 95661

Phone: 916-749-1431
Fax: 916-780-8775
Roseville Law Office Map