How to Transform Patents into Economic Value

Once you have the idea of invention, you want to protect your technical rights and interests with patented weapons. I admire your patent awareness.

However, with all due respect, there are still holes in your brilliant plan. Have you ever thought that patents are only used to protect the market? Now, you should apply for a patent before everything happens. Don't forget that the service life of utility model patent right is 10 years, counting from the date of patent application. Once you get the patent right (it's as easy as blowing off dust to apply for a utility model patent), but the technology transfer is not smooth (which is inevitable), but the validity period of the patent right has begun to be calculated, and the patent right needs to pay an annual fee to maintain it. Have you thought about it? Once the benefits of patented technology are gone, a high annual fee will be paid every year. Can you afford it? Once you can't pay the annual patent fee, the patent right will expire before its expiration. Have you considered this question?

Have you found that the voice of selling invalid patent CDs online is getting higher and higher? How many patents in China expire before the expiration of the patent term? Why are there so many invalid patents? Because I can't afford the annual fee. There are more or less patent inventors who have devoted their lives to a successful invention, but they can't maintain the expensive annual fee because they applied for a patent too early, and they ruined their invention.

I am the earliest patent applicant in China and have rich experience in patent technology transfer. Let me talk about how to make my patented technology create wealth for myself.

First of all, you look up the patent literature on the Internet and find a patent literature that is close to your own invention. Then you change the invention name of the patent document into your own invention name, and then submit an application for a patent for utility model (note that after the invention name is changed, the writing format of the application document must be changed. For specific modification methods, please consult by email). After obtaining the patent application number, you will publicize that your technology has applied for a patent and carry out technology transfer publicity. If your technology has not been successfully cooperated with others, but the patent authorization notice has been issued, you should ignore it and apply for a patent for utility model again. You can also publicize the technology transfer on the acceptance notice without paying the patent application fee.

Next, you must make your own invention prototype. Although it is the hardest thing for inventors to realize the prototype, it is very difficult for children to catch wolves. In today's world, no unit or individual will pay you royalties without seeing the patent samples. You must be clear about this concept and don't have any luck and illusions. Now that the Internet is so developed, you can draw good drawings, ask netizens to process parts through the Internet and pay a certain fee. I think, after such efforts, the prototype will eventually be made successfully. Only by making a prototype can your invention be verified and your technology become mature. Next, you perform your own prototype, make a video, introduce and publicize new products, analyze the feasibility, make a VCD film, and widely spread it to related enterprises.

Then, you slowly write the patent application document of the real invention, draw instructions and drawings to form a complete patent application document. After writing the patent application documents, remember! Don't submit a patent application easily, but lock the application file in your drawer, keep it confidential and know it clearly.

When can I file a patent application? That is, once your technology has found a customer, for example, you have signed a technology transfer contract, or you have started to implement it in the form of patented technology shares, and applied for a patent before the product is about to go on the market. A more ingenious method is to calculate when the infringing and counterfeit products will appear on the market, and the announcement date of your patent application should be just before the listing date of the infringing products. Only in this way can your patent be profitable, and the annual fee of the patent can be maintained with the proceeds of the patent. This is the right way to apply for a patent.