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How can I be sure that an attorney or agent will keep my idea confidential?
The professional responsibility rules of the United States Patent
& Trademark Office and each state strictly prohibit attorneys
from revealing a client's confidential information. Violation of this
responsibility would likely mean that the attorney could be disbarred,
sued, and prosecuted. If you have concerns about confidentiality you
may call the USPTO's Office of Enrollment and Discipline at (703)
305-9104.
The patent searchers and technical artists working with McKenna McGovern Burkhart are experienced patent professionals with whom
we have longstanding relationships and strict confidentiality
agreements. Their livelihoods depend on their integrity. back to top
Why should I protect my invention?
Some inventors attempt to obtain financial backing or even sell their
invention before filing a patent application. However, this can be
risky and potentially subject you to lawsuits and loss of your right
to patent your invention. You are in the strongest position if you
have an application on file before you approach a
potential buyer or licensee and make a disclosure about your invention.
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Once I have applied for a patent, how do I
get my invention to market?
Your basic choices are: do it yourself, license to one or more manufacturers,
or sell your rights completely. Doing it yourself means taking on
all of the risk and responsibility of manufacturing or outsourcing,
quality assurance and marketing. If all goes well, you make the most
money this way, but if business is poor, you can lose your shirt.
Many inventors prefer to license their inventions to existing manufacturers.
Licensing allows you to retain ownership of your invention while others
take the risks of manufacturing and marketing. Usually, you get a
royalty on what they sell. Although licensing deals can be configured
in an almost endless number of ways, we can help to negotiate an agreement
with terms favorable to you. Licensing generally offers much lower
risk with a somewhat smaller potential reward.
Complete sale of rights usually gets you more money upfront than licensing
and if the invention is poorly marketed, you suffer no loss. However,
if the invention does well, you gain nothing more. Complete sale might
or might not be the best for you. Some people choose this option simply
because they want to get as much money out as quickly as
possible, so they can move on to the next project without having to
keep track of licensees. back to top
When should I begin to market my idea?
Our advice with respect to patents, trademarks and copyrights is distinct.
Generally with a patent you should wait until the patent application
is approved because protection from a patent does not arise until
the patent actually issues. With trademarks, on the other hand, you
acquire rights upon first use, so use of your mark should go forward
after the availability search is completed. It is best to make
public your copyrighted material after a registration has been filed.
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How should I go about marketing an invention?
As we have with other clients, we can assist you with
thinking through the opportunities that exit when you are ready to
go to market. back to top
Should you sell or license your product or
should you manufacture it yourself?
Thoughtful consideration to the possibilities, benefits, commitments
and rewards need to be determined so that efficient results can be
obtained. Our office provides the advice and counsel you need in order
to better succeed. back to top
If you have further questions, please contact
our office.

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> Trademark >
Copyright |
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Frequently Asked Questions
How can I be sure that an attorney
or
agent will keep my idea confidential?
Why should I protect my invention?
Once I have applied for a patent,
how
do I get my invention to market?
When should I begin to market my idea?
How should I go about marketing
an invention?
Should you sell or license your product
or should you manufacture it yourself?
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