It may become the most remarkable revolution in the history of mankind.
And get this...there is NO END IN SIGHT!
Those are strong words, but it is obvious the impact modern technology - the computer/software age - has had on our lives. If you are inventing in this field you have a few challenges:
First the bad news:
- Software patents tend to have a high rate of invalidity (as much as 50%!)
- They tend to have short life spans
- They tend to be easy to design around
Now the good news:
- Software is readily licensed
- Software patents and technologies have high royalty rates (as much as 25% to 30%!)
- Adding software to a so-so invention can turn it into a big winner
For example, games. Check out Yahoo! and you'll see hundreds of games that would be dead meat, dead inventions, if they were old-fashioned board games. Even games like Scrabble(tm) or Monopoly(tm) have had a strong revival by being converted to computerized games.
If this is your field...
The From Patent to Profit principles apply to your software inventions just like any other invention. In fact, even more so. The plain truth is our formula for a 100% success rate is an indispensable tool for creative, computer science geniuses and geeks (sorry, no offense intended).
Inventors in this field should keep in touch with us...there are several emerging software/internet-related fields in which our clients are seeking innovations.
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How software designers and engineers can really excel! Inventors of software systems may or may not be applying one of our favorite design concepts. And those of you who are not applying software to your invention should partner with these inventors!...(more) |
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