Patents: 600 Years Ago A Great Idea
May 13, 2021
According to Cornell Law School:
“A patent grants the patent holder the exclusive right to exclude others from making, using, importing, and selling the patented innovation for a limited period of time. The U.S. Patent Act, 35 U.S.C. §§ 1 et seq., was enacted by Congress under its Constitutional grant of authority to secure for limited times to inventors the exclusive right to their discoveries. See Article I, Section 8, Clause 8
They also point out there are five requirements for patentability:
- patentable subject matter
- nonobviousness *
*The Supreme Court in 2007 endorsed a more expansive and flexible approach under which “a court must ask whether the improvement is more than the predictable use of prior art elements according to their established functions.”
According to Fiddlebase.com, a website devoted to the history of vintage sewing machines
“Florence granted Europe‘s first exclusive patent, in 1421, to the architect Brunelleschi for the barge and hoisting gear he would use on the Arno to transport marble for his famous dome.”
Then, (again according to the research by Fiddlebase) it would be another 50 years when in “1474, Venice was the first state to regularise by statute the award of monopoly patents: by registering an invention, the patentee secured the sole benefit of its use for ten years, with a penalty of 100 ducats for infringement – except by the state which reserved its right to free use.”
According to WorldAtlas.com
“In 2019, the United States Patent and Trademark Office issued 333,530 patents representing a 15% increase over the previous year. IBM filed the most patents in 2019, with a total of 9,262.”
Not the Big Four (Amazon, Apple, Facebook, Google) – Not Intel – nor AMD – nor Tesla (although the namesake Nikola Tesla had over 300 patents)– or any of the auto manufacturers.
IBM manufacturers high-end computers that run AIX, their version of Unix; and they make mainframes and minicomputers. IBM sells IT services, cloud and cognitive offerings, and enterprise systems and software.
While the process of obtaining a patent would seem to pave the way for the rightful inventor to be protected, quite often the ORIGINAL inventor did not pursue a patent in a timely manner and minor alterations were used by someone else to gain a patent; or they were employed or coerced into assignment of all or a significant part of the ownership and/or title as inventor.
So how does this relate to marketing one’s idea, thoughts, opinions, product, or charity? How do you protect your products image, perception, distribution, and integrity?
- 31% of #marketers lose leads because they’re sending traffic to their homepage or another FB page. Get up to 400% more conversions with Instapage’ #Conversion Cloud. Build 𝙈𝙀𝙎𝙎𝘼𝙂𝙀-𝙈𝘼𝙏𝘾𝙃𝙀𝘿 post-click landing pages for your social ad campaigns. https://instapage.grsm.io/lorraine2
- Wholesaling your product opens the door to more avenues for selling and merchandising but it is imperative to maintain some control of your name, product placement, and online advertising. Be aware of the competition for attention of people who started out looking at your product. Do nott dismiss the power of social media ads placed on the sidebar of your “page”, or competitors tugging for your customers via ads placed on your shopping page when you use Amazon or similar online department store style sites.
- One avenue to maintain control of the introduction of new product is a subscription business. Subscription platform Subbly founder suggests
- all businesses are subscription businesses.
- Subscribers and repeat customers are the same thing. They are the best type of customers you could possibly have.
- Subscription is complex and should be made easier and more accessible.
- Customers and great products are at the core of any great business; technology should enable that and not get in the way of it.