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  • Renee: CEO Coach & Management Specialist 11:44 pm on July 25, 2010 Permalink | Reply
    Tags: copyright, , , , innovation, invention, inventor, patent, , , trademark   

    Should You Patent Or Trademark Your Idea? 

    Should you patent or trademark your idea or invention? At first when you are inventing things and coming up with ideas, getting a patent may not come to mind at first. Since you’ve got a great idea, product, service, process, business etc… And you want to put it out there for all the world to see. Then you’ve got to ensure that nobody else uses it or claims your idea. So therefore, you go & get a patent or trademark.

    In case you didn’t know a patent is a type of copyright granted from the federal government as a fixed-term monopoly to an inventor to prevent others from copying an invention or improvement to a product or process.

    So what are you working on or trying to invent? Many people come up with all sorts ideas and inventions. So if you feel like what you’re trying to invent or working on is going to be something simply different or revolutionary, why not seek ways to get a patent?

    When you file for a regular patent or trademark usually means that you’ve done your research, you’ve got your plans & invention together & you know that your product will sell, earn profits or be of some use on the market. If you aren’t sure about how well your product will do on the market then file a provisional patent. Filing a provisional patent gives an inventor time to fine-tune their product to meet the requirements of customers and the market. This still gives you ( the inventor) protection against your competitors. If you can’t do it on your own then seek the help of a patent or trademark attorney.

    Some people invent products to make money, change things etc… Some people don’t seem to realize that getting a patent can give their ideas or invention some protection. Depending on what you’re working on, you don’t want too many people to know about your idea until it’s finished or you have a patent for it. Because so many people steal inventions & ideas. Even when you do have a trademark or patent, some people will still try to copy & create knock-offs, similar products to yours. So whomever is the first to get their patent approved then they would be considered to be the 1st inventor or creator of said product. If you disagree & you feel like you were the first to invent a certain product or idea, you can always challenge that person in court or through the USA patent/ trademark office.

    That’s why you have to be careful about who you tell your ideas to & who you let help you. Depending on your idea, product or service, getting a patent or trademark for it could be highly important. If you need outsourced manufacturing, buyers or a license, it’s good to have a trademark or patent. Some manufacturers won’t help you if you don’t have a patent, trademark or if you haven’t applied for one. That’s something to think about. Sometimes for certain products, if you don’t get a patent & someone creates the same or similar product to yours, it could be hard to tell who the original creator is. Situations like that can create many legal battles. That’s something that you should try to avoid. Check out the United States Patent and Trademark Office (USPTO):http://www.uspto.gov/

    If you strongly believe that you have a good idea to patent or trademark, then file your papers with the United States Patent and Trademark Office (USPTO): http://www.uspto.gov/ . But first do research on the pros & cons of filing a patent or trademark. Also do research to make sure no one else has a patent for your idea. Then file your papers to protect your invention.

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    • Outsourcing Philippines 1:13 am on August 23, 2010 Permalink | Reply

      Especially if the idea or invention you made is not easy. we should be very careful to that putting a trademark really important.

  • Renee: CEO Coach & Management Specialist 6:24 pm on December 29, 2008 Permalink | Reply
    Tags: big idea, , , economic development, economic growth, , innovation,   

    A Business Strategy: So What, Who Needs It? 

    As you go about your day & your business , do you just haphazardly move through your business or projects without a strategic plan? Are you struggling with the implementation aspect?header_crm_ondemand

    Every business or project needs a strategic plan & that plan needs implementation.  When you have a plan you set the needed course for yourself & your business.  But without implementation it’s going nowhere.

    So therefore, your business or projects are stagnate, just stuck there not moving forward , no progress, just nothing, the same old, same old.

    There are a lot of different types of business strategies and when you have the best strategy for your business it becomes the foundation for the course that you need to take to improve on your business or projects. A solid strategy can guide you in the right direction & keep you on the path to progress or success.

    In this ever changing business world, there is a high need to stay competitive,  create longevity & develop innovative business strategies.

    Well, What Is A Business Strategy?

    Strategy is a lot of things rolled into one such as the art, science and craft of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its long-term objectives.

    The process of specifying the organization’s mission, vision and objectives, developing policies and plans, often in terms of projects and programs, which are designed to achieve these objectives, and then allocating resources to implement the policies and plans, projects and programs.

    The whole concept of strategy was borrowed from the military and adapted for business use, such as bridging the gap between policy and tactics. When you have that; your strategy & tactics bridge the gap between the ends and the means.

    Effective strategic management enables a company to move quickly in response to new challenges & outmoded ideas. You have got to be innovative & creative with your business strategy, in order to have a competitive advantage.  Along with that you have to have more than a strategy, you HAVE TO HAVE IMPLEMENTATION. Meaning that your strategy must have direction & a destination.

    Businesses that have already taken hold on innovative strategies can buckle down, leap ahead and create multi-year growth gaps over the competition. You can use current conditions to accelerate your efforts to truly change at the pace of the market without losing control. Use the present economic climate to look at business activities that have passed their sell-by date and dispassionately discontinue them.

    By being optimistic, innovative & strategic you can see a silver lining amid today’s economic conditions & benefit from making strategic moves that build on your unique advantages. In the field of business administration it is useful to talk about “strategic alignment” between the organization and its environment or “strategic consistency”.

    Strategic management is the highest level of managerial activity. According to Arieu (2007), “there is strategic consistency when the actions of an organization are consistent with the expectations of management, and these in turn are with the market and the context.”

    Strategy is execution. If our strategy & execution are both flawed, the effort is “doomed from the beginning.” The chances of success are zero, slim to none. If the strategy is sound but its execution is flawed, then it’s known as a “botched job.”  Then it’s back to the drawing board.

    In one instance, you can be doing something very well that you shouldn’t be doing at all, that is to say having a FLAWED strategy but a FLAWLESS execution. That’s flirting with disaster. For example, an organization with little in the way of competition and believing its products to be seriously under-priced in relation to their value, might elect to raise prices as a way of testing price sensitivity. Only to discover that very strong price sensitivity was there all along. The result is a sudden & unexpected loss in volume & revenue.

    It’s only when you have a sound strategy AND execution, you have a better chance of success.

    ~~~~~~~~

    Clerical Business Solutions~http://www.clericalsolutionsinc.net

     
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