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?'
I'm going to get flamed by the usual losers for this, but anyway...
I hold three software patents. One was sold as part of a deal that made me several million dollars back in the 1980s. One made me $600,000 in licensing fees. I'm pursuing an infringement claim against DoD on the third. I also have another patent pending. I put "Inventor" on my tax return.
Each of these patents was an early patent in an area where previous attempts to solve the problem had failed. In each case, the patented technology came with a working application or a successful demo. So these weren't just "ideas", they were ideas that worked. That's when patents are worthwhile - you've solved a hard problem, you're not with a big enough company to exploit it, and doing a startup doesn't seem to be the right answer.
The key point here is that a patent plus a demo version is more valuable than either alone.
This history isn't all that unusual here in Silicon Valley.