If you have invented something or planning to develop something that will make life easier or whatever it is that you have currently invented, you should take the proper steps to protect them. Getting a patent on your item is the first step to ensuring that no one can copy your product or cheat you out of money.
There the three things that you need to have in order to get a patent for your device, product, or service. These are money, a journal outlining what is your offering, and diagrams to illustrate how it works. These are needed in order to get a patent although they can differ in form, presentation, function, or implementation. You should show that your device works and how it works so that it can be categorized with the patent office. When you have acquired your patent, you have 20 years to research, refine, develop, and market your product with no competition.
To begin producing and marketing your product, you don't need a patent. You can begin producing and selling your product immediately if you don't mind imitations and copycats popping all around you. When you do this and then apply for a patent, your product or service will often be labeled patent pending. This means that you application has been submitted. Learn about Los Angeles Inventors Club here!
Make sure that there is nothing like your invention already in use. You cannot patent something that is used in this or another country. Old ideas described in books that have been made feasible with modern technology cannot be issues patents. A person may only apply for a patent if their idea is unique, has not been done before, and is currently not in use by another entity in any known country.
If two people created the item, then they both receive the right to the patent provided they both helped develop the idea. When one person simply provides the money and another comes up with the idea, the patent goes to the person who came up with the idea. This also applied when one person merely follows the instructions of the one who actually came up with the idea. To read more on the importance of getting your invention protected, check out http://www.huffingtonpost.com/topic/inventors.
It is worth patenting your product even if it will take some time and effort to do so. When a patent is in place, no one else can compete with your exact product for 20 years. This time can be used to make improvements in your product and solidify your place in the market. Any investment that you make during this period will either make or break your business, so make sure to spend wisely and avoid business pitfalls, submit your invention here!