Introduction For many small businesses, the costs of developing their invention to a marketable stage may be one of the largest obstacles. Patenting an invention is an additional obstacle and investment. Each funding requirement, timing and situation is different. The initial source of capital is typically from one or all of the three “F’s”, the…
Protecting IP
REQUIREMENTS FOR A PATENTABLE INVENTION
Introduction As mentioned in “What Is A Patent”, a development must be novel, useful and non-obvious to persons skilled or knowledgeable in the applicable technology or art. Novelty To comply with the requirement that the development be novel, the invention must not have been known or used by others in the U.S. or patented or…