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You can patent products, processes, machines, chemical compositions and improvements or new uses of any of these. Patents can be very valuable. You can sell them, license them or use them as assets to attract funding from investors. The invention must be: New: first in the world; Useful: solves a problem; Non-obvious: to a person skilled in the ...
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In Canada, the first applicant to file a patent application for an invention is entitled to obtain the patent. You should file as soon as possible after you complete an invention in case someone else is on a similar track. The rights given by a Canadian patent extend throughout Canada, but not to other countries. You must apply for patent rights in...
Patents apply to inventions. An invention is eligible for patent protection if it is: 1. new—first in the world 2. useful—functional and operative 3. inventive—showing ingenuity and not obvious to someone of average skill who works in the field of your invention The invention must also be: 1. a product (example: a door lock) 2. a composition (examp...
Some things that can't be patented include: 1. disembodied ideas, concepts or discoveries 2. scientific principles and abstract theorems 3. methods of medical treatment or surgery 4. higher life forms 5. forms of energy 6. features of solely intellectual or aesthetic significance 7. printed matter For details on what you can't patent, see Chapter 1...
Protection against infringement
Patent infringement happens if someone makes, uses or sells your patented invention without your permission in a country that has granted you a patent. If you believe your patent has been infringed, you may sue for damages in an appropriate court. The defendant may argue that infringement did not occur or may attack the validity of your patent. The court will decide who is right based largely on the wording of the claims. If what the defendant is doing is not within the wording of any of the...
Protection before and after grant
When you have a Canadian patent, you'll possibly be able to sue infringers for all damages that occurred after your patent was granted. Also after the grant, you may sue for "reasonable compensation" for infringements that occurred in Canada between the date your application was made available for public inspection in English or French (normally this is 18 months after the filing or priority date) and the date your patent was granted.
Patent marking and "patent pending"
The Patent Act does not require that articles be marked "patented"; however, in Canada, marking an article as patented when it is not is illegal.Footnote 1 You may wish to mark your invention "Patent applied for" or "Patent pending" after you have filed your application. These phrases have no legal effect but may warn others that you'll be able to enforce your exclusive right to make the invention once a patent is granted.
When you apply for a patent, you must provide a full description of the invention so that others can benefit from this advance in technology and knowledge. Patents are a way for people to share cutting-edge information. Each patent document describes a new aspect of a technology in clear and specific terms and is available for anyone to read. This ...
Patent protection applies in the country or region that issues the patent. In Canada, a patent lasts for 20 years from the date that you file it. Patents can have a great deal of value. You can sell them, license them or use them as assets to attract funding from investors.
Most experts agree that inventors should use the services of a registered patent agent to help with the complexities of patent law. In fact, more than 90% of patent applications are filed with an agent's support. Find a licensed patent agent Resources 1. Patent factsheet 2. Free online learning: Patents – Learn the basics 3. Patent fees 4. Canadian...
Dec 5, 2019 · List of Programs where Patent Owners Can Sell Patents Google’s Patent Purchase Portal. Sell your patents to big ole’ Google, so that they can use it to make the world better. Jokes apart, the tech giant is in fact interested in buying your patents. It first started its patent purchase program in May of 2015 for a three-week window.
17 hours ago · You came to the right place : PatentAuction.com lists hundreds of inventions protected by patent rights for sale or license by their owners. We are the largest online marketplace only for patents. If you have questions about any specific invention, you can contact the inventor directly through the site.
Mar 15, 2024 · Discover the intricacies of buying and selling patents in today's dynamic marketplace. Learn how online platforms revolutionize patent transactions, from navigating marketplaces to understanding patent buyers and maximizing intellectual property value. Consult with patent experts to protect your rights and drive innovation effectively.
Jun 10, 2024 · By meticulously planning each aspect of the sale and considering the long-term implications, you can structure a deal that maximizes your benefits and satisfies the buyer, leading to a successful and profitable conclusion of your patent selling journey. Summary. To sell a patent is to embark on a journey of strategic decision-making, meticulous ...
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Patents are not profitable alone, though the sale of the invention or licensing of the rights to the patent can be lucrative for the owner. Should the owner choose to sell, they may be able to make an initial profit from their work, though there is no guarantee that the invention will not yield more revenue in the future.
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