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How to make money with inventions, or the art of patenting

Posted: Sun Dec 22, 2024 9:35 am
by udoy
In the midst of a boom in the research and development sector, more and more entrepreneurs are proposing innovative solutions, but the commercialisation of research in Poland is developing at a slower pace. Therefore, both the State and the European Union offer investments for product development. There are many national and regional programmes vietnam girls whatsapp number that support companies wishing to bring new or improved products to the market. The question of intellectual and industrial property protection and the benefits that this can bring to a company then arises.


Patent protection

An innovative product can be protected at the Polish Patent Office. It is entered into the register kept by the Registration Department of the Patent Office. Since patent protection is only valid in the country in which it is obtained, it may be useful to apply for protection abroad. This allows you to export your innovative product or start production abroad. According to the European Patent Convention, an inventor can patent his product in all countries that have signed it.

Patente Plus

There are several programs that allow you to finance the process of obtaining patent protection for your product, including covering the costs of market research. One example of such a program is Patent Plus, which aims to increase the efficiency of intellectual property management through patents. The winners of the competition receive a grant or reimbursement of the cost of a patent application. To date, four editions of the program have already been held. More than 210 companies, universities and research units have participated in them, and 63 have obtained funding.

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One of the requirements for receiving funding under the Patent Plus program is that a consultancy prepares an analysis of the economic viability of patent protection, combined with a legal analysis of the patent granting process in certain geographic markets. Its standard elements include an analysis of the PEST environment (political, economic, social and technological - more information here), market background, competition, certifications required in a given country and recommendations for product implementation. This type of study provides a series of relevant data from which a company can decide whether to protect and market the product. It is therefore of great importance in strategic planning.