CAF will reach 35% green financing in 2024
November 19, 2024
The gap between a good idea and a successful reality may end when private investment participates
May 25, 2015
Having a good idea may lead to staying with the good intention, or it can advance further and become a successful project that benefits many people. Jack Andraka is a fifteen year old who researched and found a better way to detect pancreatic, ovarian, and pulmonary cancer. He decided to patent his idea.
Closing the gap between trying a concept and making it reach the headboard of the patient's bed is achieved though private investment. It is easier if there is a patent.
To write it up, other patents that have been successful may be looked at to see their structure and have them as models to write your own. Once written, it may be taken to the patent registry in each country.
Another way is to find a lawyer who is a patent specialist. It may be one that works pro-bono or for free for a determined period of time, or hire a paid lawyer. The final cost of the process will depend on how much we invest on the lawyer and the level of protection desired for the patent. "It should not be very expensive, especially when you are just beginning and the company is not too big".
Costs are recovered when the license is sold to companies. At the same time, companies will want to obtain profits from their investment and they will accelerate the development of a good idea to transform it into a successful reality.
November 19, 2024
November 19, 2024
November 19, 2024