If you have created a product or discovered something new, you should ensure to see whether it meets the legal necessities for patentability.
The patent-eligible subject matter should be manufacture, machine, process or a composition of matter. If it is a novel, it should be different from the previous art. It should be useful and function as explained and remains beneficial to the public. It should be non-obvious that is more than a minor variation of previous art.
The next thing you need to consider is whether your invention has commercial value. As the patent process is expensive, it is recommended to pursue online patent filing only when you can obtain some potential revenue for your invention.
Finally, you have to find out whether the invention would remain safeguarded as a job secret. One of the best alternatives is trade secret protection.
Factors to consider while starting the patent process
Decide a timely filing date
It is important to decide the right filing date. It helps in determining the result of the patent application. In the beginning stage, the application would be assessed against the other previous art before the effective filing date. When you shortlist the filing date as early as possible, it may remain critical. It will be hard for your competitors to find the same product just like yours.
It is the reason you need to file at an early date. For instance, you need to know about the forthcoming conferences and tradeshows as your competitors will be trying to share about their new technology or products in the social gathering. It can make your art a known own especially when you file the applications at a later date.
Several companies plan to file the patent applications before entering into these events since they remain careful about their competitors. They do not want them to leak or make use of their technology.
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