How to Write a $75 Provisional Patent Application That Has Value

Licensing expert Stephen Key explains why a well-written provisional patent application is all you need to license an idea. But how do you write a PPA that actually has value? He explains what a well-written PPA looks like and how to write one.
Check out SmartIP by inventRight: ip.inventright.com/smartip/
inventRight is a one-on-one coaching program that has helped people from more than 40 countries license their ideas for new products. It was founded by Andrew Krauss and Stephen Key in 2001. Visit www.inventright.com for more information and to become their student.
Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.
New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: amzn.to/1LGotjB.
Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: amzn.to/1T1dOU2.
inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

Пікірлер: 334

  • @johnalley2490
    @johnalley24906 күн бұрын

    This is a must need for me …

  • @santosh345
    @santosh3454 жыл бұрын

    Thank you

  • @quantum7690
    @quantum76904 жыл бұрын

    Nice

  • @609_
    @609_ Жыл бұрын

    Hell yeah!

  • @brancochannel5903
    @brancochannel59034 жыл бұрын

    Thanks bro

  • @pdub2762
    @pdub27623 жыл бұрын

    Ty sir

  • @chriskramer9056
    @chriskramer90564 жыл бұрын

    THANKS

  • @kefek6992
    @kefek69924 ай бұрын

    Thank you so much.

  • @inventRight

    @inventRight

    4 ай бұрын

    You're welcome! Thank you for watching. Please subscribe if you haven’t already.

  • @valtito9297
    @valtito92979 ай бұрын

    MR KEY - BIG FAN - SOON TO BE A MEMBER - GOD BLESS!

  • @DBKW.cinema
    @DBKW.cinema4 жыл бұрын

    Golden

  • @johncamping
    @johncamping3 жыл бұрын

    Thanks for your Channel.

  • @inventRight

    @inventRight

    3 жыл бұрын

    Thank you for watching!

  • @jesseespinoza7554
    @jesseespinoza7554 Жыл бұрын

    I bought the book, and read it I'm about to purchase the smart ip

  • @brunovincent1969
    @brunovincent1969 Жыл бұрын

    I'd say you have about the best charisma and personality I've seen on KZread in years or possibly ever. You make the professional influencers look like amateurs, where did you learn these insane sales skills?

  • @inventRight

    @inventRight

    Жыл бұрын

    Really! You’re very kind.

  • @totallysafe
    @totallysafe5 жыл бұрын

    THANK YOU!

  • @hossdesignusa
    @hossdesignusa2 жыл бұрын

    I have Designed hundreds of products and I really appreciate this video,

  • @emogilner9
    @emogilner96 жыл бұрын

    So MUCH valuable information, GOLD! "stealing from yourself" ... it's an Art!

  • @edwardcamarillo927
    @edwardcamarillo9275 жыл бұрын

    Hi Stephen, just started viewing your show, learning a lot.

  • @gideon33
    @gideon333 жыл бұрын

    Thank you Sir! Your audiobook has really helped me a whole lot!

  • @mittonitto1234
    @mittonitto12345 жыл бұрын

    You are so confident in your words. I will start my ideas. And get the materials you talking about

  • @WordupknowJesus7
    @WordupknowJesus74 жыл бұрын

    Awesome, thanks !

  • @hammerman8919
    @hammerman89194 жыл бұрын

    Just answered all my questions and concerns here, I feel much better moving forward with my ideas.

  • @Drywaller

    @Drywaller

    4 жыл бұрын

    good luck on your ideas brother :)

  • @ConsultingjoeOnline
    @ConsultingjoeOnline4 жыл бұрын

    Thanks, Subscribed!

  • @1OfficialMax
    @1OfficialMax4 жыл бұрын

    Thank You ♡

  • @runggp
    @runggp4 жыл бұрын

    thank you!

  • @clarkrestivo
    @clarkrestivo5 жыл бұрын

    Thank you for providing all of this value!

  • @inventRight

    @inventRight

    5 жыл бұрын

    You're welcome! Thank you for watching.

  • @DexFu
    @DexFu4 жыл бұрын

    YOU ARE ABSOLUTELY AMAZING!

  • @cflow8382
    @cflow83825 жыл бұрын

    Stephen, your great, what you do is great. You have helped me tremendously already and I still have much to learn. Thank you for doing what you do!!!

  • @inventRight

    @inventRight

    5 жыл бұрын

    We appreciate the kind words and encouragement! Thanks!

  • @Nani-un4bn
    @Nani-un4bn2 жыл бұрын

    Hi sir you are I'm inspiration how did you find the factories to gives idea's

  • @khannumber5487
    @khannumber54875 жыл бұрын

    Thank you dear Stephen for great Information about patent Thanks again

  • @stuntentertainment77
    @stuntentertainment773 жыл бұрын

    OMG where have you been lol. I am beyond appreciative and greatful that you put your time in. I sincerely want to thank you. It's become incredibly difficult to find anyone who can communicate properly. Your great wish didn't take so long to find ya.

  • @olgarojas3379
    @olgarojas33793 жыл бұрын

    😂 love this guy! He is so inspirational and full of energy. Thanks for your honest advice.

  • @inventRight

    @inventRight

    3 жыл бұрын

    Thanks for the kind words about Stephen. Keep watching for more advice and thanks for being a fan. -Andrew Krauss, inventRight Co-Founder

  • @savepod9401
    @savepod94014 жыл бұрын

    great video as always Stephen ! thanks a lot.. im submitting my PPA on Monday !

  • @nodozhit
    @nodozhit Жыл бұрын

    Thanks for the excellent expert advice.

  • @TarotStreetsTCG
    @TarotStreetsTCG4 жыл бұрын

    OMG I love you guys thanks soooooo much!!! Soooo appreciate this information.

  • @yiannimamtsaderis9682
    @yiannimamtsaderis96824 жыл бұрын

    Great value as always Stephen! Your sincerity and experience is evident in all your advice. I've learned so much through inventRightTV ! Thanks you so much

  • @inventRight

    @inventRight

    4 жыл бұрын

    You are very welcome! We appreciate your support so much.

  • @wetwriterrr
    @wetwriterrr4 жыл бұрын

    You got me on board. Just ordered you book via Amazon. will watch more after I read your book!

  • @inventRight

    @inventRight

    4 жыл бұрын

    Wonderful! What do you think of the book?

  • @angelawoods5829
    @angelawoods58293 жыл бұрын

    Single mom... Trying too stay afloat....my ideas has come from the needs of being a mother that would life easier & less time more efficient way of doing things when needed done. I have done my research there is nothing that has came up like what I wish was around... A few ideas has come up through experience with ways to stop Drs from loosing their licenses at the same time protecting the patient from abusing what they ate prescribed...another idea came from being pregnant... & a way I wanted to lay but was impossible because there wasn't anything like it... I did manage to improvise that helped. With the things I have came up with. I talked to others see what they thought / they agreed it was something they would get or do..... But they were friends & family that I pitched it too.... So they could have just been polite. STAY-SAFE & Thankyou I really want to get my idea out there they can help / even benifit others. Any advice is APPRECIATED....

  • @inventRight

    @inventRight

    3 жыл бұрын

    Have you read Stephen's book "One Simple Idea"? It describes the path to licensing your inventions. It is available for free at many libraries here in the U.S. Thank you for watching!

  • @budgetcorp1
    @budgetcorp16 жыл бұрын

    Good job Steve!

  • @edmundurban41
    @edmundurban416 жыл бұрын

    Great benefits for using a PPA and SmartIP, Stephen. The details and examples in your 'Sell Your Ideas with or without a Patent' book also hits it home - mahalo🙏!

  • @inventRight

    @inventRight

    6 жыл бұрын

    Aloha Edmund! Thank you so much!

  • @edmundurban41

    @edmundurban41

    6 жыл бұрын

    You're welcome 🙂. 🌈Aloha!

  • @curtisfarrington2892
    @curtisfarrington28922 жыл бұрын

    Thank you very informative and to the point.

  • @inventRight

    @inventRight

    2 жыл бұрын

    Thank you. Stephen knows his stuff when it comes to IP. - Andrew Krauss, inventRight Co-Founder

  • @JohnnyArtPavlou
    @JohnnyArtPavlou6 жыл бұрын

    Thank you, Stephen for your generosity, passion, and depth of knowledge.

  • @inventRight

    @inventRight

    6 жыл бұрын

    Your comment is much appreciated. Thank you, John.

  • @imnotgonnasay3612
    @imnotgonnasay36122 жыл бұрын

    James, thank you for being so good at your job :)

  • @arwinsilva490
    @arwinsilva4903 жыл бұрын

    THANK YOU SIR! IT’S HIGHLY APPRECIATED!!!👍👍

  • @inventRight

    @inventRight

    3 жыл бұрын

    Hi Arwin, Thanks for the kind words and keep watching our shows to learn more. -Andrew Krauss, inventRight Co-Founder

  • @jamesbri5191
    @jamesbri51914 жыл бұрын

    Thank you. You will see my product soon.

  • @jessemgodinesjr
    @jessemgodinesjr6 жыл бұрын

    Thanks Again Stephen, for the awesome info. Got your book A Simple Idea Start-Up Today! Jesse

  • @inventRight

    @inventRight

    6 жыл бұрын

    Thank you for reading! What do you think of the book?

  • @jessemgodinesjr

    @jessemgodinesjr

    6 жыл бұрын

    inventRightTV / Really enjoying my reading, Great way to get Educated and relax after a long hard day at work. I give all 3 of your books 2 thumbs up bd, But I'm going to read one at a time Starting with "One Simple Idea for Startups and Entrepreneurs" My Fiance thinks I'm obsessed, LOL she has no Idea what I'm doing. She's always asking me not to order any more books but if I know they will add value to my Life then it a No Brainer and when I ordered your book's it feel into that category. I will be one of your Members of InventRight in the Future without a doubt. Thanks for Sharing Your Knowledge Stephen...

  • @sl4983

    @sl4983

    4 жыл бұрын

    .

  • @bboydevs03
    @bboydevs036 жыл бұрын

    Great content brother

  • @steve3lyen
    @steve3lyen4 жыл бұрын

    So, I tuned in to this so I could find out how to write a provisional patent. I was sold a book and a software program. I'm fine with that, but that is not what it is listed as in the title. You did not explain HOW to write a provisional patent... Am I wrong?

  • @isabellarose4473

    @isabellarose4473

    4 жыл бұрын

    🤔 💰

  • @nikolatesla2453

    @nikolatesla2453

    3 жыл бұрын

    kzread.info/dash/bejne/dYqcq7egprizhdI.html This may help ... he chats with Gene Quinn patent attorney

  • @koreanwetty8272

    @koreanwetty8272

    3 жыл бұрын

    I think you got more than enough information for free. Not any thought... Key point information

  • @gibberish1551

    @gibberish1551

    3 жыл бұрын

    I know what you mean. His information is very good though, it takes the fear out of it and does provide excellent conceptual guidance. I think, however, what I suspect you're looking for is something like this.... watch it through, I think you'll find it very good indeed, and the step by step guidance you're looking for. kzread.info/dash/bejne/mZeh1MSOqrKZg5M.html

  • @kobiecamp1134

    @kobiecamp1134

    2 жыл бұрын

    Yes you are wrong for he did explain, but maybe not in detail as you expected. I mean he told you to write out a description in such a way where as all the variations of it are included. So companies can't work around it.

  • @PNaught
    @PNaught2 жыл бұрын

    First time I saw this channel but I loved this video. Definitely subscribing!

  • @inventRight

    @inventRight

    2 жыл бұрын

    Thanks WildChild. Keep inventing. - Andrew Krauss, inventRight Co-Founder

  • @rainflake7157
    @rainflake71574 жыл бұрын

    A passion for helping people is something no amount of money can buy or fabricate, and these guys have it. 🙂

  • @sjane7229
    @sjane72294 жыл бұрын

    This video is a sales pitch.The thing is, you really do have helpful products. Started on my first PPA, and yes, I'm feeling daunted. I want to do it on my own, but I've read, and watched videos, and have found a lot of confusing information. Smart IP might be the thing that breaks through it all, so that I can feel confident about the result.

  • @inventRight

    @inventRight

    4 жыл бұрын

    It's true. From time to time we discuss our products, because we believe in them. SmartIP has helped many, many people. Thank you for watching! Once you complete your first PPA the second will be much easier! You can do this.

  • @sjane7229

    @sjane7229

    4 жыл бұрын

    inventRightTV Thanks!

  • @jesseespinoza7554
    @jesseespinoza7554 Жыл бұрын

    I suppose the chances of a reply between no w and 5 min is astronomical, but hey, got to try eh? Thank you in advance. And Jesus be with you 🙂

  • @jessemgodinesjr
    @jessemgodinesjr5 жыл бұрын

    Wow I was reading The Comments and I didn't realize I had Left a Comment here about 7 months ago and Now I'm an inventRight Member. I achieved One of My Goals to become Your Student. I highly recommend it to any one that is on the sidelines, Note do Your Homework to Succeed!

  • @inventRight

    @inventRight

    5 жыл бұрын

    You're awesome Jesse!! Congrats on fulfilling your goals. That always feels so good.

  • @JahhaOellah
    @JahhaOellah Жыл бұрын

    Hello, is there anything like The PPA for Europe?

  • @hkntkr9795
    @hkntkr97953 жыл бұрын

    you are the best you are the king,ı cant believe how gold explanations.

  • @heymisswest
    @heymisswest5 жыл бұрын

    I love you Stephen!!!!! Thank You... Hold up is that Teddy Ruxpin behind you??? I had one as a kid!!! It was my favorite book

  • @inventRight

    @inventRight

    5 жыл бұрын

    It sure is! Stephen was head of design at the startup that brought Teddy Ruxpin to market in the 80s: www.inc.com/stephen-key/new-bear-same-stories-wicked-cool-toys-relaunches-.html www.linkedin.com/pulse/congratulations-paul-rago-dave-small-your-lifetime-achievement-key/

  • @inventRight
    @inventRight4 жыл бұрын

    For help writing your own provisional patent application, check out our program SmartIP: ip.inventright.com/smartip/

  • @raphacanna9922
    @raphacanna99224 жыл бұрын

    I just subcribed, I didn't knew your name at first. Just wanted to say thank you Steven.

  • @inventRight

    @inventRight

    4 жыл бұрын

    Thank you for watching and subscribing!

  • @answer420
    @answer420 Жыл бұрын

    They absolutely steal ideas, I maintained my IP as a "trade secret" and sent to invent help (Davison) in Pittsburgh. He signed a NDA and now his neighbor is credited with my invention.

  • @inventRight

    @inventRight

    Жыл бұрын

    Always do your homework on anyone you work with. Thank you!

  • @nateitscake88
    @nateitscake883 жыл бұрын

    Stephen I have subscribed to inventRightTV and bought your book. Only wish there was a way to hire someone like you guys to guide me through this process.

  • @berniebolder8939
    @berniebolder89392 жыл бұрын

    The wording on a patent application is vital, if you don't do it correctly it is worthless. I have worked in the industry since 1993.

  • @inventRight

    @inventRight

    2 жыл бұрын

    Thanks Bernie. - Andrew Krauss, inventRight Co-Founder

  • @InnovatewithLes
    @InnovatewithLes6 жыл бұрын

    I love it. Period

  • @inventRight

    @inventRight

    6 жыл бұрын

    Thanks for your support! How did you find out about us?

  • @InnovatewithLes

    @InnovatewithLes

    6 жыл бұрын

    inventRightTV Sorry I’m just seeing this. I bought the 4 hour work week then quickly learned that you were the actual mentor lol....so then I stopped reading 4 hour work week and bought your book Stephen asap and I finished it quickly!!!…now I’m in the process of wanting to join the class you offer because I really want this to work. It’s pretty expensive but I’m sure for good reason! So I’m currently in the process of trying to join the class.

  • @OCCreed-we5mt
    @OCCreed-we5mt Жыл бұрын

    I have several inventions that will change a lot of different work and home issues. Necessity is the Mother of all invention. My fear is putting a search out for them and red flagging my idea. I need the best strategy here.

  • @inventRight

    @inventRight

    Жыл бұрын

    If you want to see your invention on store shelves, you will need to share it with others. There is a right way. We can help: +1 (800) 701-7993

  • @inventRight
    @inventRight5 жыл бұрын

    How to Write a $65 Provisional Patent Application That Has Value: www.forbes.com/sites/stephenkey/2018/10/11/how-to-avoid-having-a-worthless-patent/#4c562c28136f

  • @kgraphicsfx
    @kgraphicsfx2 жыл бұрын

    I am glad I came across your videos about PPA, Mr Stephen. Great videos that honest and forthright. Should I submit a provisional patent even though what I am building is made from parts of other tools and various stock appliances bought from hardware stores? Do I need to do a prior art search before even filing a provisional patent application or should I get in touch with a patent attorney or agent, before I do any of these? Should I pay legalzoom to submit a PPA for me?

  • @inventRight

    @inventRight

    2 жыл бұрын

    If it has new functionality you can still get a PPA or patent. Filling a PPA on your own is only $75 so why not? - Andrew Krauss, inventRight Co-Founder

  • @YouTubecensored
    @YouTubecensored Жыл бұрын

    Where is Steven Quinn 😕. I need him

  • @inventRight

    @inventRight

    Жыл бұрын

    Who is Steven Quinn?

  • @daddy4043
    @daddy40433 жыл бұрын

    Family head meetings

  • @medicmike4906
    @medicmike490611 ай бұрын

    What if somebody has something similar in the Uk, but not in the US. And it has been close to twenty years? I just bought your book.

  • @inventRight

    @inventRight

    11 ай бұрын

    I would need more information.

  • @asathora1819
    @asathora18192 жыл бұрын

    I’d like to know how to patent when finding new uses for previously patented products? While I have at least two improvements ( points of difference) , it is still very close to another patented product, but the application would be in a completely different category.

  • @daddy4043
    @daddy40433 жыл бұрын

    Domain inventors

  • @jrobertfreeman990
    @jrobertfreeman9906 жыл бұрын

    Thank you for sharing. How much different is a ornamental patent is from a utility patent and what are the differences in fees? Thanks again friends

  • @inventRight

    @inventRight

    6 жыл бұрын

    Hi John. Check out the video we made about the value and use of design patents: kzread.info/dash/bejne/mp2As6OklaSpoJM.html

  • @kaxar6954
    @kaxar6954 Жыл бұрын

    I am only interested in how to license a patent. I would rather license it to a manfacturer already in the industry to develop the product. How can I get help with the documentation?

  • @teeteejohnson7816
    @teeteejohnson78163 жыл бұрын

    I need your help

  • @inventRight

    @inventRight

    3 жыл бұрын

    Get in touch with us: www.inventright.com/contact

  • @-30h-work-week
    @-30h-work-week3 жыл бұрын

    After applying for a PPA through USPTO, how long do you have to wait til you can go out and talk about it, try to sell it? In Romania it's 4 - 6 months, by our PTO's rules.

  • @kbar1128
    @kbar11284 жыл бұрын

    The govt lady told me it is up to $70 now- just so customers dont wig out wondering where the $65 might be

  • @bioswars8827

    @bioswars8827

    3 жыл бұрын

    It's actually $80. USD

  • @inventRight
    @inventRight6 жыл бұрын

    How to write a provisional patent application that has value in the marketplace: www.forbes.com/sites/stephenkey/2018/03/31/how-to-write-a-provisional-patent-application-that-has-value/#918211552700

  • @dulcie82
    @dulcie822 жыл бұрын

    Should you get a ppa for an app?

  • @losma7t
    @losma7t4 жыл бұрын

    Thank a lot guys, it took me 3 days of non stoping work doing my application. I have made 4 pages not counting the figures, is that enough ?

  • @saeed6811
    @saeed68112 жыл бұрын

    Can I file that if from outside USA ?

  • @diondamato
    @diondamato6 жыл бұрын

    As a product design engineer and I can confirm that companies pay their hired guns to design around patents. Good companies in competitive markets understand the patent mine field in their market space and work toward innovating in the space between the mines (patents).

  • @inventRight

    @inventRight

    6 жыл бұрын

    Thank you very much for sharing!

  • @inventRight

    @inventRight

    6 жыл бұрын

    Hi Dion. We are interested in interviewing you for an article. Please share your email address or reach out to madeleine@stephenkeymedia.com if interested! Hope to hear from you.

  • @jodysterling5013

    @jodysterling5013

    6 жыл бұрын

    Dion Damato what exactly are you saying call me if you don't mind 562 556 4444 jody

  • @carlunderguarde8268

    @carlunderguarde8268

    Жыл бұрын

    Sounds predatory. Almost like we shouldn't let the government give more advantages over individuals

  • @mikhilsonavaria9874
    @mikhilsonavaria98744 жыл бұрын

    I just finished writing my PPA thanks to the Smart iP program on Invent Right. After struggling for a week in writing a patent on my own the program was a boost that was much needed. Thanks a ton Gene Quinn, Stephen & Andrew.

  • @inventRight

    @inventRight

    4 жыл бұрын

    This is so great to hear! Thanks for sharing!!

  • @strongmannatedoingstuff8172

    @strongmannatedoingstuff8172

    3 жыл бұрын

    did your PPA get approved?

  • @inventRight
    @inventRight6 жыл бұрын

    Read Stephen Key's latest article about intellectual property strategy for Forbes: "Don't File That Patent Yet. File A Provisional Patent Application First." www.forbes.com/sites/stephenkey/2018/01/08/dont-file-that-patent-yet-file-a-provisional-patent-application-first/#78243c6857fe

  • @JeromeFryer
    @JeromeFryer6 жыл бұрын

    Thank you. Question, at the 3:05 mark, you discuss prior art search, google image search, which is helpful, thank you. But how do you go about trying to figure out WHY a filed application never got to market. In other words, if you see your idea has been already invented, how can you figure out WHY it didn't get to market?

  • @inventRight

    @inventRight

    6 жыл бұрын

    Hi Jerome. Good question. The straightforward answer is to contact the patent owner. More on that here: www.entrepreneur.com/article/308829 Thank you for watching!

  • @drknchin
    @drknchin4 жыл бұрын

    Love your channel! Can an LLC file for the PPA and are there any disadvantages to doing this? I plan to approach the different companies using the LLC since when I get the royalties, I want the royalties to be paid to the LLC.

  • @inventRight

    @inventRight

    3 жыл бұрын

    We just posted a video all about forming an LLC! It features the leading expert on LLCs for entrepreneurs, Matt of LLC University: kzread.info/dash/bejne/iq1kp6mtpbXcm9Y.html

  • @bokangsenyathi6288
    @bokangsenyathi62885 жыл бұрын

    Always on point!👍

  • @inventRight

    @inventRight

    5 жыл бұрын

    Thank you for watching.

  • @kunalmanusmare2107
    @kunalmanusmare21074 жыл бұрын

    Firstly, thank a lot for the ton of information and knowledge you are sharing.. :) Secondly, can a person not a citizen of USA, file a provisional patent application in USA?

  • @subhanshaik1659

    @subhanshaik1659

    3 жыл бұрын

    That's my question too

  • @samp4050
    @samp40502 жыл бұрын

    Stephen, thanks for helping us inventors by sharing your amazing knowledge. Will your Smart IP program work for me as a South African too, or not? Thanks.

  • @breakerboxstudios5523
    @breakerboxstudios55235 жыл бұрын

    This is very helpful. I have two questions! 1. A provisional can be cheaper if you're a small entity or micro entity, but I've read in the requirements, in order to qualify as those smaller entities, you have income and employees less than a certain number AND cannot license or sell it to a larger entity. If you can't sell or license it to a larger entity, that takes a way a TON of purpose in planning. IS this true and how do I be a small business and still license to a big business? 2. Suppose it costs me $65.00 to apply for the provisional, but I want to add multiple drawings to cover planned variations of the invention... does it cost money PER image when filing the provisional? Or can I add 10 images at once and just pay the $65.00? PLEASE let me know, these two questions are important and I can't find an answer to these specific questions. Thanks for the great videos.

  • @joelw2413

    @joelw2413

    Жыл бұрын

    @Breakerbox Studios... I know this is 3 years later, but nobody answered your question. Also, I'm not a lawyer and this isn't legal advice, but I'd never heard what you mentioned so I looked into it. I think you're misunderstanding a part of the wording. See www.uspto.gov/patents/laws/micro-entity-status the last bullet under (1) Gross Income Basis heading. I think what they're saying is that if you are already under an obligation to license to a large company, you'd need to pay the large company fees. This won't happen to you, as a small inventor, you'll be filing your PPA before you shop around your sell sheet. So at that time, you didn't assign anyone the patent rights nor are you under obligation to assign or license it to them. IF you get a company interested in your idea, at InventRight they teach you to try to get the first licensor to pay for the full non-provisional patent (but you're still always assigned the rights!), then it would no longer be micro-entity fees when you file the NPPA, but it doesn't really matter since they are picking up the tab anyway. In other words, you'd categorize into micro-entity status when filing the PPA, but into some other status when filing the NPPA, but not paying the bill and having a signed licensing deal at that point.

  • @abdelali4373
    @abdelali43732 жыл бұрын

    Is there another explanation of the step-by-step process of patenting a patent in USPTO, knowing that I am now registered in PCT

  • @Stucrompton1
    @Stucrompton15 жыл бұрын

    thankyou so much stephen i emailed andrew, i want to work with you on my idea, also a fellow youtuber :)

  • @inventRight

    @inventRight

    5 жыл бұрын

    Congratulations on 50k subscribers! That's awesome! Great videos.

  • @MurdockMaxwell
    @MurdockMaxwell4 жыл бұрын

    I have a contract from a big company and the deadline is coming up and I dont know what to do next. I watch you 2 and would love you to look at my idea I'm sure you get this alot . But I think the offer isnt great. Can you look

  • @inventRight

    @inventRight

    4 жыл бұрын

    We'd love to help you if we can. Get in touch! www.inventright.com/contact

  • @imnotgonnasay3612
    @imnotgonnasay36122 жыл бұрын

    Stephen, did you marry Steve Irwin's wife? I love that thumbnail!

  • @jenniferbono516
    @jenniferbono5164 жыл бұрын

    I have filed a provisional patent now the expired time is coming up and I need to file a non provisional patent and the attorneys want a lot of money to do this

  • @inventRight

    @inventRight

    4 жыл бұрын

    Check out your options: www.inc.com/stephen-key/what-to-do-when-your-provisional-patent-application-is-about-to-expire.html And contact us for help! www.inventright.com/contact

  • @bearly1727
    @bearly17272 жыл бұрын

    Buy my book, Popeil pocket fisherman type advertisement.

  • @inventRight

    @inventRight

    2 жыл бұрын

    inventRight has published over 700 videos and 1,000 articles for you to read for free. Thanks for watching and learning!

  • @1stPrinciples455
    @1stPrinciples4554 жыл бұрын

    Here is an idea to increase viewership to your channel: I like to share a common problem faced by newbies drafting the descriptions. It is about the Interpretation of a rule related to patent drawings : 37 C.F.R. 1.84 : (4) The same part of an invention appearing in more than one view of the drawing must always be designated by the same reference character, and the same reference character must never be used to designate different parts. Question : 1. Is the View and Drawing mentioned referring to one angle of looking at one particular embodiment drawing or does it mean any and every view for all drawings , views of all embodiments within the detailed description? 1. Some have interpreted the rule to mean that exactly the same part of a particular embodiment must be referenced using exactly the same reference number within the description for that particular embodiment. So, different numbers can be used to reference the same part with some differences in form in different embodiments. For example, one number range per embodiment. And I can find such granted patents. 2. Others , which appears to be the majority, interpreted it to mean the same part must be referred to using exactly the same reference number and by View it means views across all embodiments. There are also such granted patents . Where the rule is creating confusion: 1. It uses the word drawing. What is drawing ? One drawing ? If one drawing, it can mean just one embodiment. Or does it mean every drawing? If the word DrawingS is used, it could mean views of all embodiments. 2. What is meant by a View? A view of one embodiment or views across all embodiments? 3. I see the problem originates from the fact that English allows for different interpretations no matter how clearly it is written. And the Best Practices supersede possible alternative literally valid interpretations. So it depends ultimately on the judge and then the federal judge. Why is there no clarity? What is the best practice?

  • @estherboerner6269
    @estherboerner62694 жыл бұрын

    my biggest problem is the draawing or prototype,,i have a 3d imager but not computer savy,,anyone know who can build my prototypel for a percentage of future sales ?

  • @1stPrinciples455
    @1stPrinciples4554 жыл бұрын

    Hi expert Stephen Is there a rule covering how reference numbers need to be narrated in the detailed description? I mean, is there a rule to follow where when describing the invention, reference numbers being mentioned must be mentioned in ascending order only? For eg. Can we describe in this way : Car 100 comprises an engine 120 and a carriage 110. Or is it that we must write it this way : Car 100 comprises a carriage 110 and an engine 120? Must the numbers be mentioned in ascending order only?

  • @gtwhome
    @gtwhome4 жыл бұрын

    @ inventRightTV ... I've heard it said that to be patentable, an invention cannot be disclosed prior to patent submission. But the USA switched from First to invent to First to patent back in 2012 (ish) ... which presumably means that things already in the public domain CAN be patented ? And I think that at the time of switching, that the US was the last remaining country with FTI patent laws ?

  • @louisr5208
    @louisr52082 жыл бұрын

    Lets say for instance I want to patent something in the USA and the examiner does an search, do they only search in USA or world wide. If someone already has a patent in lets say France but has no PCT or they haven't filed in USA does this mean my patent will or won't be granted in the USA. If for some reason I'm not granted the patent then it will be possible to still manufacture and sell the product in all the other countries where the original patent inventor didn't register in without having any legal ramifications.

  • @robbieschubert7024
    @robbieschubert70245 жыл бұрын

    How do I find someone to draw my ideas to get PPA's for my idea's and products?

  • @N75MP

    @N75MP

    4 жыл бұрын

    Fiverr

  • @treetop9985

    @treetop9985

    4 жыл бұрын

    I'm having that problem now 🤦‍♀️

  • @kristenfisher5254

    @kristenfisher5254

    3 жыл бұрын

    I draw mine on my own

  • @blessyoushortly3918

    @blessyoushortly3918

    3 жыл бұрын

    DO NOT USE FIVER!

  • @blessyoushortly3918

    @blessyoushortly3918

    3 жыл бұрын

    Look up "Patent Draftsman" near you. I want a percentage of your idea since I told you that information 🙄

  • @jesseespinoza7554
    @jesseespinoza7554 Жыл бұрын

    May I please have a promo code? My idea" if valuable" will help many