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07-13-2013, 02:02 PM
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752 posts, read 1,115,346 times
Reputation: 397
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Or do you have any experience with that in general? Any money you earn from patent? You need not say what is patent just how you get, how get money from it and similar. Only 1 in 900 patents earn any serious money.
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07-13-2013, 05:19 PM
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14,516 posts, read 17,782,128 times
Reputation: 19448
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I've got one. I'm an engineer at a private company and developed some new technology for them.
We have our own patent attorney, so they filed the paperwork, paid the fees and did all the leg work.
When issued, I got a lump sum bonus from the company.
Working on number 2 as we speak...
Last edited by BostonMike7; 07-13-2013 at 05:40 PM..
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07-13-2013, 05:26 PM
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24,497 posts, read 39,741,945 times
Reputation: 12910
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I have a handful of patents. Two are pending. The earlier ones are related to a product that never launched. The newer ones do not make money yet. I feel they are all still relevant and have the potential to make money. I'm also bias.
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07-14-2013, 12:19 PM
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752 posts, read 1,115,346 times
Reputation: 397
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Quote:
Originally Posted by NJBest
I have a handful of patents. Two are pending. The earlier ones are related to a product that never launched. The newer ones do not make money yet. I feel they are all still relevant and have the potential to make money. I'm also bias.
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Yeah but that filling that maybe it will make money. I have a patent pending situation too. |
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07-14-2013, 02:36 PM
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2,991 posts, read 4,087,134 times
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I have several hundred patents (US and foreign counterparts) as an inventor, and at one time managed a patent program among other things at a large corporate research lab. All of my patents are assigned to corporations, which means that the corporations own any economic value that the patents have. This arrangement is almost universal in the United States -- employees sign their rights over to the corporation the day that they start work. As compensation, however, I received bonus payments totaling several hundred thousand dollars, but never proportional royalties.
A rule of thumb for inventions coming out of a major R&D lab is: 10,000 ideas result in 1000 invention disclosures, which result in 100 patents. Of these, only ten have any economic value at all, but one of them changes an industry in an important way.
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07-15-2013, 08:30 AM
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752 posts, read 1,115,346 times
Reputation: 397
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Quote:
Originally Posted by Hamish Forbes
I have several hundred patents (US and foreign counterparts) as an inventor, and at one time managed a patent program among other things at a large corporate research lab. All of my patents are assigned to corporations, which means that the corporations own any economic value that the patents have. This arrangement is almost universal in the United States -- employees sign their rights over to the corporation the day that they start work. As compensation, however, I received bonus payments totaling several hundred thousand dollars, but never proportional royalties.
A rule of thumb for inventions coming out of a major R&D lab is: 10,000 ideas result in 1000 invention disclosures, which result in 100 patents. Of these, only ten have any economic value at all, but one of them changes an industry in an important way.
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I'm impress. What field you are in? Electrical or chemistry/pharmacy? As seems after reading 95% of all patents are in that two fields. Only should you collect money for yours own. A couple hundreds thousands translate to only a few thousands per patent. |
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07-15-2013, 09:05 AM
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Location: Florida -
10,213 posts, read 13,948,642 times
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Having gone the copyright route and also researched patents in a professional capacity, my experience has been that a large percentage of both C/P's are 'defensive filings' that produce little or no income for the holder. Neither Patents or Copyrights have intrinsic income-producing features.
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09-14-2013, 06:26 PM
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752 posts, read 1,115,346 times
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Ok I did have an idea. Did fill patent properly. How long now I have wait for decision? I had to do some fixing and I did properly. Six month after no decision. I only had document that patent is filled properly.
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02-27-2014, 05:00 AM
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3 posts, read 2,823 times
Reputation: 10
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Do you have any idea you need to patent?
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02-27-2014, 05:01 AM
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3 posts, read 2,823 times
Reputation: 10
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Quote:
Originally Posted by tipitop
Or do you have any experience with that in general? Any money you earn from patent? You need not say what is patent just how you get, how get money from it and similar. Only 1 in 900 patents earn any serious money.
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I can suggest you that but you must have some worthy idea. |
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