Patent rights do not last in perpetuity. This is because, in the long run, patents are supposed to encourage competition. A brand new product has exclusive patent rights but once the patent expires then anyone is welcome to design a competing product.
Patrick Ralston, President and Founder of United Patent Research, explains that it is important for a newly launched product to be marketed aggressively so that it may obtain market dominance while the inventor has exclusive rights to the product. Corporations have the resources to launch their products with aggressive advertising campaigns so they can immediately carve their share of the market.
How to Provisional Patent an invention idea may be considered.
Many times Provisional Patents can help protect a new idea.
United Patent Research reviews many ideas before they are in the patent process.
Once clients contact United Patent Research, their ideas are reviewed to determine if they have the potential to generate mass consumer appeal. When a patent has been filed, a team of bonded patent artists, engineers, and product managers work together with United Patent Research clients to develop and promote the product to manufacturers and eventually, wholesale and retail distributors.
Promoting a new product is not a spectator sport. Many inventors lack the time, experience, legal expertise, negotiating skills and business acumen necessary to properly develop an idea into a profitable new product.
To learn more about how to Provisional Patent and idea and product promotion visit the United Patent Research website at www.unitedpatentresearch.com.