NEVADA INVENTORS
ASSOCIATION
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Dear Bob,
Your e-mail has been forwarded to me for a response. I really love your title: "Are inventing experts actually
harming inventors?"
I've asked myself that very same question -- and in many instances my answer is: YES!. I believe the advice given
by folks who have an agenda, such as those who's interest in inventors is only financial, or they're selling a
book, do tend to publish mechanical answers that sound like wisdom, but really are of no help. The typical advice
I've read contains no meat for the individual who asked the question, but does cover the ass of the advice giver.
By that I mean what they say is correct alright, and they will never get into trouble for saying it because any
inventor can read the same thing in a brochure published at the PTO. pick up almost any book on inventing, or visit
the inventors' organizations web sites, and the first thing you'll see is that every expert recommends patenting
your idea immediately. OK, I agree, that is the standard advice that covers the ass of the advice giver. And I
too give kind of similar advice. . . I confess to that. But Bob, I at least try to understand the question. If
an inventor is obviously new at it, and confused, I try to explain to them that, depending on their goals, it is
pretty important to understand what is protection and what is not. If an inventor plans on licensing his idea to
a licensee, he better understand that selling patent rights and selling an idea are not the same thing. I explain
that establishing a proper paper trail, with proper disclosures, will go a long way towards getting him going in
the right direction, and that he must understand he has no legal position in court without a patent. It is best
not to be blind about risks.
Now having said that, I then try to ascertain just how far along he is with his project and how much he knows about
scam outfits and what to expect for the money he might spend. Also, I give him advice on what he can do for himself
without spending any money at all. If that's as far as it goes, then I haven't hurt the guy, and he will have at
least a better picture of what he's up against. I never tell an inventor that inventing is not expensive, because
that
is not true. the 2002 summer issue of Forbes ASAP reports that, "While 11% of the 1.3 million patents issued
by the US Patent and Trademark Office went to independent inventors, less than 2% of these make a profit".
Well, Bob, I must take exception to that statement. In the first place, the 11% is misleading. It may be an accurrate
statistic, sure, but nearly half the applications filed are from foreign applicants. So considering the American
applications, those by independents are closer to 20%, OK? And the 2% figure, again, is probably accurate but misleading.
First, an enormous number of patent applications filed are from companies for "in-house" improvements.
It's on their own technology that is constanly being improved and expanded. The potential for that type of patent
to ever be commercialized, by itself, is nil. The product it refers to is being commercialized already -- it's
just additional protection on improvements. Do you accept that? Just look at the extreme number of patents issued
each year to the IBM's and General Motors' of the U.S. So just saying only 2% of all patents ever are commercialized
is only a statistic that means nothing to the independent inventor. And then add to that the number of patents
that never make the marketplace for reasons that have nothing to do with the invention -- like death, bankruptcy,
lack of interest, or misguided marketing attempts. The true figure of how many do make a profit may not be known,
but I believe it's far more than that 2%. successful inventor and entrepreneur,
Bob Serling, has created a free article called "Bad Advice from Inventing Experts - and How to Keep it From
Ruining Your Chances for Success". Bob, I read the article, and I totally agree. It is without doubt one of
the best things written for inventors that tells it like it is. He does point out the misinformation and why. That
is commendable. I will take your advice and print out enough to pass out at our next meeting, along with his e-mail
address and website. I thank you for that.. To your statement that: So patenting at an early stage is almost always
the wrong advice! I'll say I hope that isn't true. Any invention of value -- meaning one that truly is marketable
-- I cannot believe that trying to market it without protection is the right thing to do. I've heard too many horror
stories of inventors who tried to go directly from idea to the "money," without protection, to ever make
a statement like that myself. It needs clarification.
I personally have written my own patent applications, because of the costs, and successfully pursued them through
the patent process. I saved a great deal of money -- only spending the patent office fees -- so I know it can be
done with only a limited high school education and no drawing skills. It was time consuming, sure, but any inventor
without the "fire in the belly" isn't going to do much of the work for himself anyway. And he is the
one the scam outfits feed off of. Sorry if I sounded too negative, or argumentive, Bob. I do appreciate your comments.
I agree with most all you say, just some of it I can't, in good conscience, let go by without speaking up.
Bottom line: I deplore the high costs of patent attorneys, and I'm sick about the scams and rip-offs that keep
good inventions off the market and hurt inventors. I'll keep giving out free advice to inventors as long as I'm
able, and I'll strive to correct what I think is misleading information, like the Forbes article.
Take care, thanks for the good article,
Don Costar,
founder, Nevada Inventors Association
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Page done by Vince Chemist.
Created on August 25 2003
Updated on July 02 2004