Harvesting Your Own Ideas

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1 HARVESTING YOUR OWN IDEAS AND INTELLECTUAL CAPITAL A personal experience by Hector Franco April 2005

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2 The patent information provided in this workshop merely reflects the personal experience of the author in his attempt to file patent applications on his own and is not to be construed as legal advice. For legal issues you need to seek the advice of legal counsel. You can also obtain valuable information on filing patents by contacting the US Patent & Trademark Office (USPTO) and, more specifically, their Inventor’s Assistance Center DISCLAIMER >sb

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3 INTRODUCTION >sb

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4 WORLD BANK STATISTICS (2003) >sb

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5 GDP 1929 – 2003 IN YEAR 2000 $ >sb Source: Bureau of Economic Analysis – US Department of Labor

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6 US PATENTS GRANTED PER YEAR Source: US Patent & Trademark Office >sb

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7 PROSPERITY INDUCING RESOURCES >

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8 INTELLECTUAL CAPITAL ABILITIES >sb

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9 Robert N. Noyce (Dec 12, 1927 - Jun 3, 1990) Inducted 1983 Inventors Hall of Fame Granted 16 patents http://www.invent.org/hall_of_fame/113.html >sb

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10 INTELLECTUAL CAPITAL LIQUIDITY

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11 INTELLECTUAL PROPERTY TYPES >sb

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12 DEFINITION OF PATENT A patent is a property right granted by the Government of the United States of America to an inventor “to exclude others from making, using, offering for sale, or selling the invention throughout the United States or importing the invention into the United States” for a limited time in exchange for public disclosure of the invention when the patent is granted Typical patent life = 20 years

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13 REQUIREMENTS FOR PATENTS > >sb

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14 TYPES OF PATENTS

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15 WHAT CAN BE PATENTED

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16 WHAT CANNOT BE PATENTED

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17 BARS TO PATENTABILITY – PRIOR ART >sb

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18 UTILITY PATENT COMPONENTS >sb

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19 PROVISIONAL PATENT APPLICATION A provisional patent application allows filing without a formal patent claim, oath or declaration, or any prior art statement. It offers a lower-cost first patent filing in the United States and establishes an early effective filing date in a non-provisional patent application filed within 12 months of the filing date of the provisional application. It also allows the term "Patent Pending" to be applied. The non-provisional patent application must contain a specific reference to the provisional application. >sb

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20 TYPICAL PATENT ISSUANCE TIMELINE

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21 PATENT PROSECUTION FLOWCHART

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22 ESTIMATES OF PATENT COSTS (2005)

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23 DO IT YOURSELF KITS >sb

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24 PROVISIONAL PAT. DO IT YOURSELF KIT >sb

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25 UTILITY PATENT DO IT YOURSELF KIT >sb

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26 PATENT PROSECUTION PROCESS

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27 SAMPLE FORMAT FOR SPECIFICATION

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28 USEFUL USPTO LINKS http://www.uspto.gov/web/offices/pac/mpep/consolidated_laws.pdf http://www.uspto.gov/web/offices/pac/mpep/consolidated_rules.pdf http://www.uspto.gov http://www.uspto.gov/patft/index.html http://www.uspto.gov/web/patents/guides.htm http://www.uspto.gov/web/offices/pac/doc/general/index.html

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29 USEFUL USPTO LINKS http://www.uspto.gov/web/offices/pac/provapp.htm http://www.uspto.gov/web/offices/pac/utility/utility.htm http://www.uspto.gov/web/patents/types.htm http://www.uspto.gov/web/offices/ac/qs/ope/fee2004jul26.htm http://www.uspto.gov/web/offices/com/iip/index.htm http://www.uspto.gov/web/offices/pac/dapp/pacmain.html

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30 MILESTONES FOR STARTUPS ? Write and file Provisional Patent Application ? Create a compelling presentation ? Form a founding dream team ? Research and analyze your target market ? Interview prospective customers to validate need ? If applicable develop a prototype ? Complete a comprehensive business plan ? Identify key customers to solicit conditional POs ? Seek needed funding ? File Non-Provisional Application < 12 months

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31 APPRECIATION Thank you for taking the time to attend this workshop. Hopefully, what you heard and saw will help you in the pursuit of your dreams. I also have a dream. It is called: “LEAVE NO ENTREPRENEUR BEHIND” Because entrepreneurs are the fundamental resource with the power and capability to address the enormous challenges humanity is always confronted with. >sb

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32 CONCLUSION CONTRIBUTE TO PROSPERITY BECOME AN INNOVATOR PROTECT YOUR IP CREATE YOUR OWN JOB

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33 INTELLECTUAL PROPERTY LAB Visit either of these web sites and select the link: IP LAB >sb

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34 CONTACT INFORMATION HECTOR FRANCO 408-730-0110 whfranco@comcast.net