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- You can sell them, license them or use them as assets to attract funding from investors.
ised-isde.canada.ca/site/canadian-intellectual-property-office/en/learn-patents-canadian-intellectual-property-office
A patent is a legal right to prevent others from making, using or selling your invention for up to 20 years in the country or region where your patent is granted. You can patent products, processes, machines, chemical compositions and improvements or new uses of any of these.
- Patents - Canada
A list of fees for patent filing, examination, maintenance...
- Patents – Learn the basics Inventing the next big thing ...
creators. Canadian small and medium-sized businesses. In...
- Patents - Canada
- Table of Contents
- Create It
- Identify It
- Trade Secrets
- Protect It
- Make It Happen
Innovation starts with an idea—your idea. You discover a problem to solve or a gap to fill. Sometimes it starts with a fleeting thought that keeps coming back, or it's a tug that won't let go. Then it starts waking you up at night or it just won't let you sleep. Your idea demands attention. It wants to go places, and you decide that you're the one ...
Inventing something new is a process. You do research. You try things. Some work, some don't. When you invent, you learn. And you create IP. Virtually every innovation has some type of IP, right from the moment you start bringing your idea to life. Many businesses—both big and small—use their IP to introduce innovations to Canadians and bring new p...
A trade secret is information that gives you a business advantage over a competitor. Trade secrets can include formulas, practices, designs, patterns, data compilations, devices or instruments. To consider something a trade secret, you need to keepit secret. Treating your innovation as a trade secret makes the most sense at the research and develop...
Let's be honest. Competition is fierce, which means that protecting your creation starts well before you're ready to sell your product or service. Take the right steps to protect and exploit your innovation as much as possible. Like physical assets, these IP rights must be acquired and monitored to maximize their value. Venture capitalists, angel i...
There are costs associated with protecting your IP, and many inventors and creators are reluctant to make the investment. But ask yourself: how does the cost of protecting your IP compare to the time and money you have invested in your work?
Sep 19, 2024 · Discover the key steps to sell your patents to big companies. Understand your patent's value, prepare a strong sales pitch, and engage in a lucrative negotiation.
creators. Canadian small and medium-sized businesses. In this module, you will learn: what a patent is. which inventions are patentable. how patents can be a valuable business asset. the steps involved in filing a patent application. best practices on managing your patent portfolio.
Mar 24, 2023 · Licensing the right to make, use, or sell your product is usually the most profitable route for inventors. As patent holder, you retain ownership of the invention and earn royalty payments on future sales of the product. You can grant an exclusive license to one company or several companies.
- Beverly Rice
Jul 31, 2023 · A Canadian patent grants its owner the exclusive rights to make, use, and sell an invention in Canada, as defined in the claims of the patent, for a period of 20 years from the date of the application.
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Jan 29, 2024 · However, a business entity can own a patent only if the inventors have assigned the patent rights to the business entity. So if your employees are creating valuable IP on behalf of your company, it’s important to get the patent assignment right, to ensure that your business is the patent owner.
