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Inventions in General
How to Protect Your Idea
How to Profit From your Invention

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An invention can be an idea for a new product, an improvement to an existing product, an new method or process, or an improvement to an existing method or process. At Diversitech, we can help you in all the areas discussed below. We have a network of lawyers throughout the world, and we have experts in house who deal exclusively with patents, trademarks and copyrights or intellectual property.    

Product or Process? Other type of Idea?

- It is important to determine what your idea really is. Many ideas evolve over time, and may start out as an improvement to an existing product, and then evolve into an accessory for that product or even a totally new but related product. Determine how your idea is used, and what problems it solves. Determine how your idea is a better solution than past ideas.

Prototypes and Drawings

¨C Once you have determined exactly what your idea is, it is time to commit it to paper. It is important to document all phases in the evolution of your idea, and an early step is to design a prototype, either by drawing, computer aided design, or by constructing a prototype.

Can the idea be protected?

¨C After you have sketched out your idea, in drawings and in descriptive language, it is time to determine if the idea can be protected. If an idea can be protected, its potential value increases.

Why Protect the Idea, and How to Protect the Idea

¨C If your idea can be protected so that no one else can use it, then it becomes something exclusive. Exclusivity yields increased prices and allows for control. If you can protect your idea, you can sell it or profit from it by utilizing it, whether by manufacturing the underlying product or by licensing the process or method.