Should I Publish Or Patent?
BorgeStrand writes 'Patenting is an expensive process, even coming up with some sort of proof that your idea is unique (and thereby try to attract financing) may be prohibitive for the lone inventor. So what do you folks out there do when you come up with a good idea but don't have the means to patent it or market it to someone who will pay for the patenting process? And how much sense does it really make for the lone inventor to patent something? Would it make more sense to publish the whole idea, and make it (and my inventive brainpower) up for grabs? If my ideas are indeed valuable, what is the best way to gain anything from them without investing too much financially? What is your experience?'
If you live in the US, you can do both. First send in a provisional patent to the USPTO using their electronic filing system (costs $110), then publish your idea. You have a year to decide to patent the idea or not, and if you decide not to, all you are out is $110.
In the UK, fortunately you have a nice little website that tells you all about how to take ideas you have and turn them into money.
Fortunately, they also have a section on protecting your intellectual property that tells you how to do that as well (in terms of patenting, NDAs, Trademarks and Design right). I'm sure the processes aren't quite as straightforward as they look like they are here, but you get the point.
On a personal note - the question of whether to patent is a difficult one. In the internet era it would seem easier to exploit the innovation yourself before anyone else can come up with a similar, but slightly different idea that they then make a shed load of money out of.
Disclaimer: I work for BusinessLink
If you patent, it'll be expensive.
In the US, you can apply for a provisional patent for $110. This is a simplified, essentially abstract patent application you can use to hold your place in the patent line while you go off and find someone to commercialize/help you commercialize your idea.
You've still got a year after publication to make a provisional filing, but you also get a year after the provisional filing before the full application.