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You are not participating and entering the globalized, technology-enabled, online and virtual marketplace. Patent classification Classification of patents in technological areas for convenient retrieval during prior art searches. Market analysis, financial forecasting and more all form part of this process too. org) defines an idea (Greek: ? , but very few TOTALLY NEW inventions and products. gov.


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-They typically have to do with unauthorized reproduction or commercial exploitation that is prohibited and controlled. This happening with some legal protective measures to give you the opportunity and time to make the most of your idea and reap maximum reward from it. One of the basic requirements of tests to se if your idea is truly NEW and ORIGINAL is to ask yourself if it is innovative Is it creative enough that it wouldn't be obvious to others? Royalties are calculated and stipulated and everyone benefits. Note that laws of nature, physical phenomena and abstract ideas are not patentable subject matter.

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Patents, Copyright And Trademarks

A patent is about exclusivity! It is defined by numerous sources as a

? collection of exclusive rights granted by a state or body,
? to an individual (or group),
? for a fixed period of time,
? in exchange for the regulated, public disclosure
? pertaining to certain details of a device, method, process or composition of matter (substance) (known as an invention)
? which is new, inventive, and useful or industrially applicable.

Globally speaking, these exclusivity rights center around the right to CONTROL, OR EVEN PREVENT others from making, using, selling, offering to sell or importing the claimed invention, idea or patent for a period of time. That much we have established. But it is also about more than that.

Claimed originality, source of origin and invention is guaranteed, secured and protected, which also means the profits, royalties and recognition goes where it belongs! WITH YOU the owner of the idea. It becomes property of sorts. However, you also want to show your willingness and enthusiasm of sharing this precious item with the general populace and broader society.

Going back to the root of the word used here, according to online sources (www.wikipedia.org), the term "patent" originates from the Latin word patere which means "to lay open" or make avaiable for and to public scrutiny.

Patents have a proud history and origin themselves. It stems from earlier practises and the ancient term letters, which originally denoted royal decrees granting exclusive rights to certain individuals or businesses, bestowed for recognition, award and reward for their enjoyment and benefit.

Modern patent rights are like property rights of sorts. You are excluding others form making, using, selling, offering, or importing it for the duration of the patent. It is like reserving and exercising the right of exclusivity, by means of formal process!

You will be sharing your idea(s) with the general populace in exchange for the exclusive rights to be the inventor and one to bring it to market! Even this patent or new idea can be sold, licensed, mortgaged, assigned or transferred, or simply given away. The opportunities, promise, potential and profit seems endless! These processes can help you make our million, first and many to come! Channeling and funneling the potential