A “non-resident” filing refers to an application filed with the Office of or acting for the State in which the first named applicant in the application concerned does not have residence.
World Wide Intectual Property
Understanding patent valuation and intellectual property is not always an easy endeavor. There are numerous guidelines, government regulations and hoops to jump through when dealing with patents and copyrights. Since 1976, the United States has issued more than 6 million patents! These patents protect virtually everything imaginable including ideas, technologies, designs and art. In order to find a niche in this immense network, one must understand the concept of the patent network as a whole. Typically, when a patent or copyright is filed, not only is it placed in the entire United States Patent and Trademark Office (USPTO) network, it is also classified by its specific technology, i.e. telecommunications, software, vehicle design features, etc. Classifying the technology of a patent places it into a smaller category with other patents of similar nature. In any given technology, there are three major subcategories that define a patent’s nature even further. These subcategories are classification, field and nationality. The primary takeaway is that every individual patent has specific characteristics that ultimately categorize it in a way that provides clarity. Even the experts will tell you that the USPTO network is no afternoon walk in the park. It takes plenty of practice to understand this complicated but incredibly interesting field.
Your Place in the World of IP
So where do you fit in to all of this? One question we constantly receive here at Patent Rank is, “I have an idea that I believe could be great—maybe even patent worthy. What do I do with it?” Well first things first, you have come to the right place! Our purpose is to answer this question by bringing clarity to the world of intellectual property and delivering it to you in a way that you too can explain to your friends and sound like the expert! Before we jump in, lets briefly review the definition of intellectual property:
“Intellectual property (IP) refers to creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce. IP is divided into two categories: Industrial property, which includes inventions (patents), trademarks, industrial designs, and geographic indications of source; and Copyright, which includes literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs.” (www.wipo.int)1.
Makes sense right? Sure it does. But what do we do with this? See the idea (pun intended) is to take that million-dollar concept of yours and determine if there is value in pursuing it. Or, if you already have your patent, we can help you determine its intrinsic value. We can do this with two different services: MyPatentIdeas and MyPatentAssets.
In it’s most basic form, the Patent Rank we compute gives you a badge. This badge is the first step in understanding the value of a given patent or idea, and eventually, deciding how to proceed with it. Stop sitting on that great idea of yours and do something with it!
1WIPO – World Intellectual Property Organization. World Intellectual Property Organization, n.d. Web. 23 April 2013.