Statutory Invention Registration For Your Ideas

Everybody gets an idea every now and then. Some ideas are worth a lot of money.

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While there are other ideas that will not necessarily make money, but will benefit the greater good. If you have ideas and inventions that are classified into one or two of the above, consider getting a patent or a statutory invention registration for them.

There is actually a difference between the two. It is recommended to patent your ideas and inventions if it is marketable. Meaning, you can make money out of it. So nobody else can duplicate or pirate what you have. Otherwise, they will be facing criminal charges. While a statutory invention registration is recommended for people who have ideas that may not make money, but it will benefit others. You are registering your invention so nobody can patent it and make it their own.

To be able to determine whether your invention is marketable or not, you have to conduct market research. If you have any background on this, you can do it yourself. Otherwise, to make it easier on yourself, you can hire a professional to do it for you.

Just remember that a statutory invention registration is not a patent and vice versa. However, you can get a patent after you have gotten the registration. This is usually what happens when the inventor realizes that his inventions are marketable after all.