NEW INVENTIONS SUCCESS INVENTION TIMELINE DR. MARK RAJAI MSE 303 1 California State University Northridge.

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Presentation transcript:

NEW INVENTIONS SUCCESS INVENTION TIMELINE DR. MARK RAJAI MSE California State University Northridge

New Inventions Success Stages of The Invention Timeline Conception Patent application filing Reduction to practice Exploration of commercial development Initial commercial development Patent Registration Negotiation Patent Registration Main Term Commercial Development Patent Maintenance Late Term Commercial Development Patent Expiration Unprotected commercial development/ transition to newer technology 2 California State University Northridge

New Inventions Success California State University Northridge 3 Conception through Reduction to Practice conception is a reaction to some frustration or limitation that is then overcome by genius and creativity. When it is conceived, it is eligible for national and international protection. File a patent application in the inventor's home country. Every invention needs to be proven with a prototype that works

New Inventions Success California State University Northridge 4 Exploration through Patent Registration Turn the prototype into a product. Make it appealing, convenient, inexpensive, and easy to understand. Research your customers, your sourcing, your potential distributors. Understand the market for your successful initial commercial development. fight until the patent office admits that you should get a patent registration.

New Inventions Success California State University Northridge 5 Main Term Commercial Development through Patent Maintenance Sustain your product line Fine tune your manufacturing. Turn your distribution/sales team into a great one. Make sure that your customers are pleased. Post your attorney & your sales team to watch your patent. Keep your maintenance fees with the patent office paid at the right times. Make sure you spot infringers.

New Inventions Success California State University Northridge 6 Summary It is important to be aware of the phases that your invention will go through. Knowledge of the invention history timeline is power This knowledge will help you manage each of the phases as they come along.

New Inventions Success California State University Northridge 7 Reference Definition.html Definition.html