You probably know what a patent is, but since it is such a complicated and complex thing, there are probably some things that you don’t know about patents. There are many benefits to obtaining a patent, but before going through the process, it is important to expand your knowledge beyond the obvious facts.
Let’s Start with a Refresher Course
Before we dive into unusual facts about patents, let’s review the basics. First, what is a patent? The United States Patent and Trademark Office defines a patent for an invention as a grant of property rights to the inventor. It provides the right to exclude others from making, using or selling the invention. The terms of the patent lasts for 20 years and there are three different types–a utility patent, a design patent, and a plant patent.
Basic Facts About Patents
In order for a patent to be approved in Phoenix, it must be considered novel and useful, along with non-obvious. This is all based on the opinion of the examiner assigned to your application. The most likely reason for rejection is your patent not being novel. When an examiner finds that a very similar invention or product already exists, they will declare the patent not novel.
In addition to patent approval, it is quite difficult to place a monetary value on a patent. However, there are other benefits to obtaining a patent. A patent can be a very valuable tool during business transactions, mergers and acquisitions. You can use the help of a patent attorney in Phoenix to assure that you are in need of a patent.
Interesting Facts About Patents
There are some unusual and interesting facts about patents. Did you know that the person who invented the fire hydrant is unknown because the patent perished in a fire? Additionally, a company in the past actually tied to patent patenting. However, the patent was denied. Opening a new window when you click on a hyperlink was patented by Microsoft, but the patent actually expires in 2021.
Using a Patent Attorney
When you seek to obtain a patent, you should seek the advice of an attorney. An experienced patent attorney in Phoenix will have a license to represent clients before the United States Patent and Trademark Office. Patent attorneys are well-versed in patent law and have the experience prepping, filing and prosecuting patent applications. In fact, to become a patent attorney, one must pass an exam through the United States Patent and Trademark Office, also known as the “Patent Bar”. Working with a patent attorney is a wise choice since they have an adequate understanding of patents and most of them have delivered great results.