Should You Obtain a Patent?

If you have a fresh idea for products, services or inventions, you might want to consider getting a patent. This can help to protect your ideas from being stolen by others that are just trying to make a quick buck and take the credit for something that someone else has done.

Patents are basically government grants that give sole ownership to inventions. This means that the patent owner will have the sole right to manufacture, sell and use the inventions for up to 20 years after the date the application is filed.

Here are a few other reasons to consider patenting your ideas:

  • Helps to attract investors
  • Protects your valuable ideas
  • Gives you the license to sell your ideas

If you have invented something new or developed improvements for current inventions, then you are eligible to apply for a patent.

Here are a few other eligibility requirements:

  • The invention must be unique, and one of a kind.
    The invention must be useful.
    The invention must be something that you came up with on your own.

Before you decide to spend your money and time inventing new ideas, you will want to take a look at the Canadian Patents Database. This will help to ensure that the invention that you have in mind has not already been patented. If it has not, then you will want to make sure that you weigh the pros and cons of getting a patent.

In order to get a patent for making improvements on current inventions, you will want to make sure that you have the permission from the original inventor. If they decide that they like your improvements, they will have to go in with you to make the changes.

Canadian patents can definitely help to protect your inventions. It is important to remember that this protection only works within Canada, and does not give you international protection. If you need to protect your ideas in other countries, you will need patents from those countries as well.