Ideas are incredibly irreplaceable. Billion dollar businesses are often built on invention help a single idea. Lots of million dollar businesses are too. So if you have a positive idea, you should do one of three things with it: patent it, keep it secret, and publish it.

The suggestion to patent an idea, or keep your idea a secret, is more than likely not a surprise. Why would anyone publish a useful idea? To understand why publishing is advantageous, you have to first understand the work with patent or keep secret an idea.

Patenting an invention shows the patent holder the in order to prevent anyone else by using that invention. The patent makes the idea more significant because the patent holder has a legal monopoly. Competition can be restrained to greatly increase benefits. In addition, after one files to patent an idea, one particular else receive a patent for that idea. Patents can also be made to ward off patent infringement lawsuits.

Unfortunately, patents additionally expensive. Patenting all good ideas can be prohibitively expensive, for large corporations. Still, one's best ideas should be protected with a patent.

The biggest problem with a patent, besides cost, is a single must disclose wholly to get the patent. For many inventions this isn't important. For example, for the price of the product, everyone can see the inventive improvements to a new television set or a more efficient carburetor. However, if the invention is someone which is hard to see, like an inexpensive way to produce high-grade steel or route cellular telephone calls, then since it is invention public using a patent might do not be a good proposition. Instead, it may be more profitable to take care of the idea a secret, protecting the idea without a eclatant.

Using trade invention patent secret laws, one can stop employees other people that learn giving from you from profiting from it. Patents expire are 20 years, but secrets never expire, so a secret could theoretically last forever. Unfortunately, trade secret laws will not protect your secret idea if someone else how do you get a patent discovers it one her own. Worse, if someone else did discover your secret, she could try to patent the idea.

Publishing an idea shares advantages and downsides with both patenting and secrecy. Like keeping an idea secret, publishing is actually free. Like a patent, publishing also protects by preventing others from patenting the idea. As soon as an idea is published, no one else in the earth can patent that it.

However, in the United States, the inventor still has one year after publication to file a patent job application. So you could publish your idea, preventing every else from patenting it, and then wait a year before filing to acquire a patent. This essentially gives the inventor free protection for every year.

If an inventor doesn't file for a patent on viewed as within a year of its publication, the idea becomes part of the fans domain. However, even in the public domain, a published idea is still valuable intellectual property. The published idea is prior art that can be used to invalidate patents that are asserted against the inventor. In fact, a published idea is just as useful as a patent in invalidating other patents.

If you don't patent or keep secret an idea, you should publish it. There are seven billion individuals the world, and then they generate two million patent applications every year, plus countless other publications. Someone will have your idea soon. Ideas that you don't patent should be published to prevent others patenting that same idea and perhaps latter suing anyone.