Kickstarter.com, Indiegogo.com and other crowdfunding sites have revolutionized the way that some businesses start up and raise capital. However, when new technology is involved, it is best to look before you leap. In a first-to-file patent system there is a danger that winning the race to raise capital could lead to losing the race to the Patent Office.
Louisiana inventors and business owners should understand the basics of the new patent law following the Leahy Smith America Invents Act. One of the most important aspects of the new patent law is how the Patent Office will be judging patent applications to determine if an invention is “new.” Continue reading Don’t Lose the Race to the Patent Office
Inventors should be wary of anyone who approaches them seeking money in exchange for patent promotion services, particularly if they seem too good to be true. The United States Patent and Trademark Office keeps a running list of the inventor complaints that it publishes. If a firm that you are considering dealing with is on the list, it is a must read. Continue reading Don’t fall for a patent scam
REVISED 7/8/2012: Baton Rouge inventors and others who manage or supervise inventors or potential inventors should be aware of how the disclosures of inventions impact potential patent rights. 35 U.S.C. 102(b) describes how an inventor can loose patent rights by disclosing an invention and failing to file a patent application in the allotted period of time. Continue reading Inventors should beware of invention disclosures