November 14th, 2007 By: Israel Tvito Pay-Per-Patent-Proof™ is a proprietary service designed to amend a key market failure involving the surprisingly high rate of patent application rejections and the high costs associated with the patent application process. Patentest is the first and only patent searching agency to redesign its services according to the ideology that the inventor pays only for an undisputable agreed-upon search result. Billing occurs only if the patentability search yielded a find. In other words, we will conduct a worldwide patentability search and you will receive a detailed, Patentest In-depth™ search report. However, only if our information specialists are able to show you that someone else had already thought of your invention before you, you will be charged a fixed price for the search. Otherwise, our search report will be provided free of charge.
To best understand how the Pay-Per-Patent-Proof™ service serves to benefit inventors let us consider the following example. Assuming an inventor wishes to file a patent application over his or her invention, the following procedures are recommended:
- Make sure no one had thought of the same idea before you
Before investing considerable time and resources make sure you are the first to come up with this invention. Many times a simple internet search will teach you of others who came up with the same idea.
- Solidify your invention
Have it properly defined so that if described to others with suitable background, they would have no problem understanding how your invention works and for what purpose it is there for.
- Conduct a professional patentability search
Professionally search any prior art that might prevent your invention from clearing the patentability criteria.
- File a patent application
Since patents are primarily legal documents it is recommended to seek assistance from a patent agent/attorney to help ensure best protection.
There are two ways an inventor can go about and follow this recommended path: | | | | | | Risk Taking & Uninformed Advance
See a patent agent/attorney directly and let the agent take care of everything.
The agent will draft the application, edit and file it to the patent office for a cost ranging from $3K to $10K (depending on how complicated the invention is).
The inventor will wait 3 to 4 years taking into account a 50% patent application rejection rate.
If the application is accepted all is fine and well. If rejected, the inventor is a few thousand dollars and 3-4 years short.
| | | | | | | | | | | | | | | | | Risk Management & Careful Advance
Turn to Patentest and order a patentability search.
If the search proved lack of originality, the cost would be $350 but will save the inventor a great deal of time and resources that could otherwise be directed to other ideas.
If the search could not undermine the primacy of the invention the inventor will pay nothing and receive a detailed patentability search report, take it to a patent agent/attorney and complete the patent application process.
| | | | | | | | In essence Patentest's Pay-Per-Patent-Proof™ service provides inventors with a preliminary affordable assessment weather an invention is worth the investment or not. |
