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An invention is a set of ideas and thoughts to facilitate how people perform their daily tasks. An inventor can be a company or an individual who has a goal behind the invention. A lot of money is needed to present the invention to the world, and investors who find it interesting are financing R&D activities.
The process of the invention is very broad. There is no set time when an invention is transformed into useful products. It can take 5, 10 years or even more. The R&D department conducts a series of activities in succession - describes business perspectives, creates strategies, describes R&D processes, identifies resources and develops patterns. The research and development groups study extensively all areas of invention, gathering different ideas that are then combined to build products and services. Thus, research to develop the invention encompasses a wide range of processes that need thousands or millions of dollars.
Patent an invention
One invention is patented to prevent it from being stolen by others. The inventor can restrict individuals and companies from using their invention to manufacture or sell products during their lifetime. When filing a patent application, the inventor must mention a set of claims that he / she should choose carefully. So it is recommended to know market trends, new technologies, applications etc. in the implementation of R&D operations, which will help to get large claims.
An invention can be patented only if it contains no part of the prior patented technology and meets certain unique standards. To find out if your invention is already known or not, previously known search performed. The innovator can seek past art on his own or hire an expert for this purpose.
What is previously known search?
Previously known searches can be defined as gathering information on the technologies associated with the invention. The main aim is to know whether the invention is patentable or not. Sources of known technology include previous patents, archived patents, scientific reports, research articles, textbooks, newspapers, journals and internet publications. There are many inventions that are never used in products and services, and these should also be considered during the patent application process. On the Internet there is a wide range of tools that can help you implement an effective known technology.
Previously known searches can provide details of previous inventions in the field, new products and services, etc. This prevents the existing inventions from being resumed. With this, the R&D department can know the existing technology and focus the activities, processes and tasks to renew them or examine the new ones.
Know the market well before performing any prior known search
The main objective is to have the invention patented with the greatest possible claims. Previous technology search gathers existing knowledge in the fields of the invention. But it's not enough. One should know about the market and companies that are already working on the technology on which the invention is based, which will help in choosing the right areas for R&D.
Patent filing is a broad process, and a little wrong move can turn into a big mistake. Thus, from planning to implementation, each step should be set wisely. Before seeking prior art, it is important to know the markets where the invention can lead to revolution, current market trends to focus on, competitors' activities, etc. All of these details can be obtained through market . Therefore, it is recommended that you first conduct a market survey to know the technology that is trending in the market.
Why market research?
Market research can help with the proper use of all elements of the invention. It provides a comprehensive analysis of various markets in connection with the invention, the patent environment and existing and future products. Thus, market research can add value to the research and development business, making them more advanced.
There are many reasons why the inventor should consider market research before R&D operations and prior technology search. Look at them -
Detailed information on the markets:
Market research reports not only provide information on different markets that belong to the field of invention but also tell the best active markets. Suppose an invention can be used to manufacture products in 10 different industries, 7 of which are in the growing phase. Therefore, there is a need to spend extra time and money to get patents in these seven industries to get maximum returns. Thus, market research reports can suggest you the right industries to continue research and build products.
To become a leading player in the market, it is necessary to know the activities of competitors. With market research reports, the inventor can gain a deeper understanding of their competitors, the technology they work with and their existing and upcoming products and services. Thus, the R&D department can broaden its research to areas that its competitors have not touched.
Helps to develop patents:
Patent carriers are the person who can help you obtain a patent with great requirements. With extensive knowledge of market trends, active industries and customer needs, he can write the widest possible claims. Thus, with market research reports, your patent attorney can prepare a clear, accurate patent application, and you get a patent, which will have great market value, and you can earn a lot from it.
Market research reports provide information on the best companies using the technology similar to the invention. This makes it easy to know how advanced the invention is, the technologies that can be innovated and how to design R&D processes. After obtaining the patent with significant claims, the inventor can contact the best companies for business cooperation or licensing.