The Victorian branch of the Inventors Association of Australia (IAA) has been in action for many years to assist new inventors by providing practical, legal and engineering advice in a friendly and informational environment.
I have been making presentations there for over a decade, to help inventors understand how to protect their valuable intellectual property. At the November meeting I presented on the need for strategy when undertaking a project to bring an invention to market.
The key point is that there is no one approach to making a project work.
The right strategy for your project will depend on which aspect of the project is leading your approach. Initially you need to analyse the invention, the technology and the market.
Another important aspect to consider is where your skills lie, and in which areas you might need help – for example:
Generally, to minimise risk, you should begin by filing a provisional patent application. This means that you will be able to proceed with the other elements of your project knowing that no one can make a claim to your invention.
To obtain a patent you need to pass certain threshold patentability requirements including:
Here at Baxter IP, we offer a free half hour consultation for new patent filing matters, where you can get expert advice on how to progress your project. We aim to:
BaxterIP patent attorneys and BaxterIP commercialisers can help you determine the best patenting and commercialising strategies for your individual invention. We look forward to being on board with your project.