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Craig Steiner
11/03/05 10:17
Read: 510 times

#103273 - Other option
Responding to: Erik Malund's previous message
Erik Malund said:
Morale: If you do not have a gadzillion dollars to defend your rights, your patent is not worth the paper it is printed on.

Other option is to get the patent with the intention of selling it to a big player at something that seems like a lot of money to you, probably seems like a small amount of money to the big player, and will allow the big player to avoid any legal entanglements. The success of that approach will depend on how lawsuit-averse the big company is.

Contact the big player as soon as you know they're violating your patent and offer them a license. You might even contact the big players as soon as your patent is accepted so that there's no question that the big players knowingly and intentionally violated your patent.

At the very least, get it patented. If you patent it and some company with deep pockets violates the patent and you cannot defend it, all you've lost is the patent filing fees. But if you're lucky you might be able to earn a lot of money later from licensing.

Craig Steiner

List of 15 messages in thread
BLDC motor invention      Mahmood Elnasser      11/01/05 15:05      
   new motor      Terry Lingle      11/01/05 20:43      
   Good luck!      Kai Klaas      11/02/05 06:42      
      ...andkeep very, very quiet....      Steve M. Taylor      11/02/05 06:53      
   what a tease      Erik Malund      11/02/05 07:20      
      Motor Building      Mahmood Elnasser      11/02/05 07:34      
         Patent      Steve M. Taylor      11/02/05 09:43      
            publish better than patent!      Mahmood Elnasser      11/02/05 11:55      
               sad, but true story      Erik Malund      11/02/05 12:31      
                  Other option      Craig Steiner      11/03/05 10:17      
                     and also      Mahmood Elnasser      11/03/05 13:37      
                        patents      Terry Lingle      11/03/05 17:15      
                           Really?      Craig Steiner      11/04/05 13:29      
                              patents      Terry Lingle      11/04/05 21:32      
               contact me      Steve M. Taylor      11/02/05 15:29      

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