The percentage (I assume of royalties) depends on a variety of factors, including: Your invention - the more likely it is to be a big money spinner and the more likely it is to succeed then you will likely get more; How much your base...
Continue ReadingMerely identifying a problem does not amount to an invention. Person A is not an inventor unless they actually contributed to the solution to the problem. Person B is an inventor as they have solved the problem....
Continue ReadingI have a product that is patented in Australia, and another Australian company is threatening to steal it, both to give it away and sell it overseas. They’re planning to make it in China and will sell it and give it away in Europe, but...
Continue ReadingI just finished academic research with real-world practical applications. I am thinking of presenting my project to companies, but I will love to know if it is advisable to patent my work, before contacting the companies or use an NDA instead? Should I file a...
Continue ReadingBy “open source” I understand you to mean stopping allowing of enforcement of patents against infringers. It is important to understand that a patent is a time-limited monopoly for an invention granted in recognition of the contribution to the technology of the invention and on condition...
Continue ReadingThe road to patenting is a long one (years), and you need to be prepared and also file at the right time. This is my list of the considerations around patenting built up from my experience in my years of practice: You...
Continue ReadingUsing templates is like using someone else’s used toothbrush, only potentially worse. I see people all the time coming in with off-the-shelf agreements when a dispute arises. They rarely set out the relationship that the parties expected of it and often ends in heartbreak. Why not...
Continue ReadingIf you infringe a patent then if the patent owner or an exclusive licensee take action against you then you are effectively earning money for them as they can get damages against you and get all of your profits and more. They can also prevent...
Continue ReadingPatents are sometimes like wine. You can get a really cheap wine that makes you drunk and leaves you with a hangover the next day. You can also get excellent wines that last a long time and have a fantastic flavour and do not leave...
Continue ReadingIf they have a patent, then this could be problematic to you. Adding extra features does not avoid patent infringement. A competing design needs to change one or more core elements that are claimed in all of the main (independent) claims of the patent so...
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