HARVESTING YOUR OWN IDEAS

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HARVESTING YOUR OWN IDEAS AND INTELLECTUAL
CAPITAL
A personal experience by Hector Franco April 2005
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DISCLAIMER
The patent information provided in this workshop
merely reflects the personal experience of the
author in his attempt to file patent applications
on his own and is not to be construed as legal
advice. For legal issues you need to seek the
advice of legal counsel. You can also obtain
valuable information on filing patents by
contacting the US Patent Trademark Office
(USPTO) and, more specifically, their Inventors
Assistance Center
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INTRODUCTION
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WORLD BANK STATISTICS (2003)
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GDP 1929 2003 IN YEAR 2000
Source Bureau of Economic Analysis US
Department of Labor
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US PATENTS GRANTED PER YEAR
Source US Patent Trademark Office
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PROSPERITY INDUCING RESOURCES
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INTELLECTUAL CAPITAL ABILITIES
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Robert N. Noyce (Dec 12, 1927 - Jun 3, 1990)
Inducted 1983 Inventors Hall of Fame Granted 16
patents
http//www.invent.org/hall_of_fame/113.html
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INTELLECTUAL CAPITAL LIQUIDITY
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INTELLECTUAL PROPERTY TYPES
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DEFINITION OF PATENT
A patent is a property right granted by the
Government of the United States of America to an
inventor to exclude others from making, using,
offering for sale, or selling the invention
throughout the United States or importing the
invention into the United States for a limited
time in exchange for public disclosure of the
invention when the patent is granted
Typical patent life 20 years
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REQUIREMENTS FOR PATENTS
gt
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TYPES OF PATENTS
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WHAT CAN BE PATENTED
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WHAT CANNOT BE PATENTED
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BARS TO PATENTABILITY PRIOR ART
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UTILITY PATENT COMPONENTS
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PROVISIONAL PATENT APPLICATION
A provisional patent application allows filing
without a formal patent claim, oath or
declaration, or any prior art statement. It
offers a lower-cost first patent filing in the
United States and establishes an early effective
filing date in a non-provisional patent
application filed within 12 months of the filing
date of the provisional application. It also
allows the term "Patent Pending" to be
applied. The non-provisional patent application
must contain a specific reference to the
provisional application.
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TYPICAL PATENT ISSUANCE TIMELINE
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PATENT PROSECUTION FLOWCHART
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ESTIMATES OF PATENT COSTS (2005)
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DO IT YOURSELF KITS
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PROVISIONAL PAT. DO IT YOURSELF KIT
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UTILITY PATENT DO IT YOURSELF KIT
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PATENT PROSECUTION PROCESS
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SAMPLE FORMAT FOR SPECIFICATION
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USEFUL USPTO LINKS
http//www.uspto.gov
http//www.uspto.gov/web/offices/pac/mpep/consolid
ated_laws.pdf
http//www.uspto.gov/web/offices/pac/mpep/consolid
ated_rules.pdf
http//www.uspto.gov/patft/index.html
http//www.uspto.gov/web/patents/guides.htm
http//www.uspto.gov/web/offices/pac/doc/general/i
ndex.html
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USEFUL USPTO LINKS
http//www.uspto.gov/web/patents/types.htm
http//www.uspto.gov/web/offices/pac/provapp.htm
http//www.uspto.gov/web/offices/pac/utility/utili
ty.htm
http//www.uspto.gov/web/offices/ac/qs/ope/fee2004
jul26.htm
http//www.uspto.gov/web/offices/com/iip/index.htm
http//www.uspto.gov/web/offices/pac/dapp/pacmain.
html
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MILESTONES FOR STARTUPS
? Write and file Provisional Patent Application
? Create a compelling presentation
? Form a founding dream team
? Research and analyze your target market
? Interview prospective customers to validate need
? If applicable develop a prototype
? Complete a comprehensive business plan
? Identify key customers to solicit conditional
POs
? Seek needed funding
? File Non-Provisional Application lt 12 months
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APPRECIATION
Thank you for taking the time to attend this
workshop. Hopefully, what you heard and saw will
help you in the pursuit of your dreams. I also
have a dream. It is called
LEAVE NO ENTREPRENEUR BEHIND
Because entrepreneurs are the fundamental
resource with the power and capability to address
the enormous challenges humanity is always
confronted with.
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CONCLUSION
BECOME AN INNOVATOR
PROTECT YOUR IP
CREATE YOUR OWN JOB
CONTRIBUTE TO PROSPERITY
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INTELLECTUAL PROPERTY LAB
Visit either of these web sites and select the
link IP LAB
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CONTACT INFORMATION
HECTOR FRANCO 408-730-0110 whfranco_at_comcast.net