 | from Darrell Zahorsky
Patents are big business for companies with proprietary services or products. Patents are even a bigger business for Big Blue, IBM. Ending 2009, IBM patents stand at 4,914 making them the Patent King for the latest 17 years. You don't have an IBM size R & D budget but protecting your intellectual property is key in today's copy cat market place.
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In the Spotlight | Protecting Intellectual Property is Smart Business
Piracy and intellectual property theft are on the rise. Small businesses in the U.S. are especially vulnerable, in part because they usually are not well-versed in how to protect themselves, according to the U.S. Patent and Trademark Office. The problem has become so severe that the agency established an intellectual property Web site for small businesses to brush up on this critical area.
| | How to Patent An Idea
A patent idea can strike at anytime and anyplace. Alexander Fleming, discovered a mold on some Petri dishes he was throwing away which lead to the discovery of penicillin. Frederick Kekule, found the chemical structure of benzene when he had a dream of a snake coiled and biting its own tail. Eleven year old Frank Epperson, left a stirring stick in a soda on the porch overnight and woke up to a frozen "Popsicle" that he patented and developed 18 years later. But what does it take to successfully turn a patent idea into a marketable product?
| Your Patent Information Plan
Having a winning invention idea takes more than the Eureka moment. Invention ideas have no limitations. Anyone from a 7 year-old child to a great grandmother can create the next big thing. The challenge is to take your invention ideas from your brain to a physical reality that is marketable and can be protected from copycats. Before you embark on the invention journey, determine if you have the necessary ingredients for a great invention idea.
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