What Do You Know about Invention Promotion Firms?
Q: I have a great idea for a new product. Should
I get a patent?
A: Not necessarily. Very few inventions
ever make it to the marketplace, and although getting a patent can provide
valuable protection for a successful invention, it does not increase your
chances for commercial success.
Q: I
saw a great ad about a company that promotes new inventions. What should I know
before hiring this company to help me?
A: Numerous television, radio, Internet,
newspaper and magazine ads offer free information to inventors about how to
patent and market their inventions. Generally, these ads come from invention
promotion companies.
Before
hiring an invention promotion company, make sure it is a reputable firm. Be
wary of the following claims, offers and demands:
·
claims
of special connections to manufacturers that are interested in your ideas, since
such “contacts” may be imposters posing as legitimate manufacturers;
·
the
offer of market research or an initial “review” of your invention, which may
involve substantial fees for a glowing, but fraudulent report on the merit or
market potential of the invention;
·
the
offer of a contract in exchange for helping you market or license the invention
to manufactures;
·
demands
for advance fees.
Q: How
can I protect myself against unscrupulous firms?
A: The American Inventors
Protection Act of 1999 gives you certain rights regarding invention promoters.
Before offering you a contract, the promoter must disclose in writing the
following information about its business during the last five years:
·
how many inventions it has evaluated;
·
how many positive and negative reviews the promoter gave these
inventions;
·
how many customers received a net profit from the promoter’s
services; and
·
how many customers have succeeded in licensing their inventions as
a result of the promoter’s service.
This information is designed to help protect the inventor and to aid those
assistance companies that do, in fact, provide valuable services to
inventors.
Q: What else can I do?
A: Ask the promoter or firm for names of
previous clients so you can decide who to call for references, but beware of
imposters. Contact the Better Business Bureau, the Federal Trade Commission or
the United States Patent and Trademark Office (USPTO) to determine if any
complaints have been registered against the promoter. However, many unscrupulous
firms change their names after the public is made aware of their activities, so
exercise caution when dealing with any unknown promoter.
Q: Does the USPTO investigate complaints about these unscrupulous promoters?
A: No. The United States Patent and
Trademark Office does not investigate
complaints or participate in any legal proceedings against invention promoters,
but the USPTO will:
·
accept
complaints filed against invention promoters or firms;
·
forward
those complaints to the invention promoter or firm; and
·
make
the complaints and responses publicly available.
For more information on how to make a
complaint, go to www.uspto.gov.
Q: Where can I find inventor resources and patent assistance?
A: The USPTO offers information on patents and trademarks (call
1-800-PTO-9199 or visit www.uspto.gov). Other good free sources of information
include the Federal Trade Commission (www.ftc.gov)
and the National Congress of Inventors Organizations (www.inventionconvention.com/ncio).
You can also get information about local support groups for inventors through the
United Inventors Association (www.uiausa.org).
In addition,
you can contact a law firm that specializes in intellectual property matters.
Most patent attorneys will provide an initial consultation for a small fee, and
sometimes for free. If you do not know of an intellectual property attorney, ask
your personal attorney for a referral or contact your local bar association for
a listing of local patent attorneys. A skilled patent attorney can assist you in
obtaining the most legal protections available under the law, and can offer
advice on invention development.
This
“Law You Can Use” column was provided by the Ohio State Bar Association. It was
prepared by Brice Recker, a Columbus attorney associated with
Okuley Smith LLC, and John Okuley, PhD, a registered patent attorney with the
U.S. Patent and Trademark Office and managing partner of Okuley Smith LLC. Articles appearing in this column are
intended to provide broad, general information about the law. Before applying
this information to a specific legal problem, readers are urged to seek advice
from an attorney.
Labels: Federal Trade Commission, inventions, marketing, patent, United States Patent and Trademark Office
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