How do you cite a US patent application?
Citation-sequence and citation-name format Author(s), inventors; patent holder, assignee. Title of patent. Country issuing the patent country code patent number. Publication date.
Can a non US citizen file a patent?
United States patents may be awarded to anyone who qualifies, regardless of nationality. A non-citizen will apply for a U.S. patent in much the same way as a citizen will. You will file your patent application with the United States Patent and Trademark Office (USPTO).
What is a poor man’s patent?
The theory behind the “poor man’s patent” is that, by describing your invention in writing and mailing that documentation to yourself in a sealed envelope via certified mail (or other proof-of-delivery mail), the sealed envelope and its contents could be used against others to establish the date that the invention was …
Does poor man Patent really work?
While, under the “first to invent” patent system, there may have been some merit to the notion of documenting the date of conception of an invention in this way, the “poor man’s patent” is not a formally recognized procedure and does not actually confer any rights to the inventor.
How do I start an invention with no money?
What You Should Do With an Invention Idea But No MoneySell Your Invention Idea Immediately.Document Your Invention Idea.Research the Idea to Ensure it Will be a Success.Creating a Prototype.Filing for a Patent.Marketing the Invention.Finding the Money.
Are patents worth it?
The primary benefit of a patent is the right to stop your competitors from selling the same product. You can become the sole supplier of the product. Based on the law of supply and demand, lowering the supply allows you to sell your product at a higher price. If sales are strong, then the patent is absolutely worth it.
Can someone steal my idea if I have a patent pending?
As soon as you file a patent application with the U.S. Patent and Trademark Office (USPTO), your invention is “Patent Pending.” Once your application is submitted, nobody can steal, sell, or use your invention without your permission. If this happens, they are infringing on your patent, assuming it gets issued.
How expensive is it to file a patent?
The filing fee is $130 for a small entity and drawings typically cost $100 to $125 per page, so a high quality provisional patent application for a mechanical or electrical device can typically be prepared and filed for $2,500 to $3,000.
Do inventors make a lot of money?
That takes hard work–and very few inventors make a million dollars on their first invention. The good news is that you can make money, and as you become familiar with the process, your second, third or fourth effort will bring you even more financial success, more efficiently.
Who is the richest inventor in the world?
Thomas Alva Edison – Estimated Net Worth Today: $200 Million. Alfred Nobel – Estimated Net Worth Today: $300 Million. Richard Arkwright – Estimated Net Worth Today: $310 Million. Gary Michelson – Estimated Net Worth Today: $1.5 Billion. James Dyson – Estimated Net Worth Today: $3 Billion.
What inventions would make you rich?
12 Inventions That Could Make $1 BillionEnergy storage. A man installing solar panels | iStock.com. Asteroid mining. This astronaut knows you have a billionaire inside you | NASA via Getty Images. Wireless electricity. Cheap, portable water filtration. Superior carbon capture tech. Superior fracking tech. Reverse microwave. (Good) meatless meat.