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A patent which grants ownership of an invention, but it won't pay you. There are a few ways you can generate a profit from your idea. A patent is an important document which grants ownership to an invention. However, simply owning a patent won't generate a dime for the inventor.
Patents may be searched in the USPTO Patent Full-Text and Image Database (PatFT). The USPTO houses full text for patents issued from 1976 to the present and PDF images for all patents from 1790 to the present....USPTO Patent Full-Text and Image Database (PatFT) Quick Search. Advanced Search. Patent Number Search.
One way of checking whether or not your product or idea has already been invented and patented by somebody else is to consult the EPO's free search service Espacenet. The database contains more than 130 million patent documents - most of them patent applications rather than granted patents - from around the world.
Patents provide the inventor with the exclusive right to prevent others from commercially exploiting the invention for 20 years from the date of filing the application. A patent also provides a return on investment. Inventors usually invest a considerable sum of money and time into developing their product.
A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. To get a patent, technical information about the invention must be disclosed to the public in a patent application.
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Obtaining a patent in the US does not guarantee international protection of your intellectual property\u2014USPTO patents are only effective in the US. There is no "international patent" that will protect an invention all over the world.
Utility patents are the most common patent issued in the United States, accounting for 90% of all issued patents. Utility and plant patents are granted for 20 years, whereas design patents are granted for either 14 or 15 years, depending on when filed.
There are three types of patents: utility patents, design patents, and plant patents. Each type of patent has its own eligibility requirements and protects a specific type of invention or discovery; however, it's possible for one invention or discovery to potentially have more than one type of patent available for it.
If the corporation makes an offer, it will typically be anywhere from $50 thousand to $8 million, and can be higher. On the other hand, an inventor trying to simply market an issued patent to corporations, is likely to get anywhere from $5,000 to $35,000.
How to Use Google Patent Search for Patent Research Open the URL: www.google.com/patents. Type the name of the idea or some brief bit of text about the idea. Click Search.

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