I often talk to engineers who tell me: "Yes, but it's not an invention. It's only logical!"
Yet they have often made what I consider an ingenious invention, one they could easily have patented. A missed opportunity. A patent enables you to create value for your company, secure exclusive rights in the market and issue licences.
What seems 'only logical' to you is knowledge anyone else can use for free, unless you protect it. That is why I help entrepreneurs recognise the assets they have.
How do you recognise an invention?
I take them through the problem-solution approach. This step-by-step method is covered in our free workshop. In this method we discuss questions such as:
- What is the prior art (what has already been invented)?
- How does your invention differ from the existing technology?
- What is the effect of this difference?
These and other questions show whether the innovation can be patented. If this is the case, we can act quickly so your company gets the most out of its innovation.
If a patent isn't the best route, there are other ways to protect your knowledge, such as keeping it a trade secret.
