HOW TO REACH A LICENSING AGREEMENT
202603.04
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HOW TO REACH A LICENSING AGREEMENT

The journey from a creative spark to a signed licensing agreement begins with documenting and protecting your intellectual property. Before sharing your idea with anyone, you should maintain a detailed inventor log and consider filing for a provisional patent. This step provides you with a year of patent pending status at a relatively low cost,…

Why and How Inventors Choose Licensing over Manufacturing
202602.04
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Why and How Inventors Choose Licensing over Manufacturing

For many inventors, the creation of the invention is quickly followed by a daunting realization: inventing a product is entirely different from building a business. The decision to license an invention by transferring the rights to a third party in exchange for royalty payments is often the most pragmatic path to commercial success. This strategy…

Chicago: The Modern Hub of Inventive Minds
202601.08
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Chicago: The Modern Hub of Inventive Minds

Chicago: The Modern Hub of Inventive Minds Chicago has transformed itself into a premier destination for innovation by fostering a collaborative ecosystem where ideas are not just born, but legally fortified. As of 2026, the city stands as a “multi-industry startup engine,” powered by a unique culture of relationship-building and expert legal guidance from leaders…

Do you need a prototype?
202505.28
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Do you need a prototype?

A Prototype Helps You Prove Your Invention Do you need a prototype? For obvious reasons you need to prove – first to yourself, later to investors or companies – that your idea works. For an invention that is a process or a business method, physical proof may not be possible or necessary. For an invention…

STRATEGIES TO PROTECT YOUR INVENTION BEFORE HAVING ACCESS TO FUNDING
202401.25
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STRATEGIES TO PROTECT YOUR INVENTION BEFORE HAVING ACCESS TO FUNDING

If you’ve come up with a new invention but don’t yet have the funds to file a patent application, there are a few strategies you can use to help protect your invention in the meantime: Keep your invention secret: One of the most important ways to protect your invention before filing a patent application is…

The Crucial Factors Affecting Inventors on the Path to Patent Success
202306.29
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The Crucial Factors Affecting Inventors on the Path to Patent Success

The Crucial Factors Affecting Inventors on the Path to Patent Success Introduction: Inventions have the power to shape our world, fuel progress, and revolutionize industries. However, for inventors, securing a patent is a critical step in protecting their intellectual property and reaping the rewards of their ideas. While the patent process can be complex and…

ARE YOUR PATENT OFFICE MAINTENANCE FEES DUE?
202304.28
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ARE YOUR PATENT OFFICE MAINTENANCE FEES DUE?

ARE YOUR PATENT OFFICE MAINTENANCE FEES DUE?   Who can pay? Maintenance fees and any necessary surcharges may be paid by the patentee or by any person or organization on behalf of a patentee.  What to include with payment? You must include both the patent number and corresponding application number with your maintenance fee payment….

HOW DO I APPLY FOR A PATENT?
202302.28
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HOW DO I APPLY FOR A PATENT?

How do I apply for a patent? Inventors may apply for one of two types of patent applications: (1) A nonprovisional application, which begins the examination process and may lead to a patent; and (2) A provisional application, which establishes a filing date but does not begin the examination process. How do I know if…