S1 E17 Which Is Right For You - Design Patents Or Utility Patents with Wayne Carroll

S1 E17 Which Is Right For You - Design Patents Or Utility Patents Quote: "Intellectual property is the oil of the 21st century." - Mark Getty Who is Mark Getty - He is the founder of Getty Images, the #1 supplier of images for media, corporate, and advertising. Mark Getty’s family was in the oil business. In the 20th century, the people who controlled oil were wealthy and powerful. In the 21st century, the people who control intellectual property are powerful and rich Intellectual property is a valuable asset. It can provide a competitive advantage in the marketplace and generate revenue through licensing and other means. Without proper guidance, however, inventors may file for a utility patent, when they need a design patent, or a design patent when they need a utility patent. Design patents protect the visual appearance or aesthetics of a product, while utility patents protect its functional features or processes. Obtaining a patent can be a complex and lengthy process that requires the assistance of a skilled patent attorney. Design patents are only granted to a design embodied in a product. For example, we can file a design patent for the unique layout of a website or even a portion of a GUI (graphical user interface). To obtain the design patent we must show it presented on the screen of a computer (the product). To protect your intellectual property and maximize its value, consider taking the following steps: Discuss your business goals and plans with a skilled advisor to determine how patents may give your company a competitive advantage. Conduct a comprehensive patent search to determine if your product or invention is eligible for patent protection. Consult with a patent attorney to determine which type of patent protection is best suited for your needs. File a patent application with the United States Patent and Trademark Office (USPTO). Work with your patent attorney to navigate the prosecution process and ensure that your patent is granted. Develop a strategy for enforcing your patent rights and leveraging your intellectual property to generate revenue. Contact a skilled patent attorney today to discuss your options and protect your intellectual property. In our next episode, we are discussing the value of a design patent.

BIO: Wayne Carroll founded Inspired Idea Solutions Law Firm in 2013, an IP boutique law firm focused on helping small businesses with intellectual property. At Inspired Idea Solutions, we use a proven process for obtaining IP rights that focuses on aligning the business strategy of small business clients with their IP strategy. We help small businesses implement a strategy to ensure they own and leverage their intellectual property. We also have clear expectations with zero hidden fees.

In addition to his legal work, Wayne is an Eagle Scout and actively volunteers with the Boy Scouts of America. He is also a proud father of six children and enjoys playing pickleball. Wayne's extensive experience and expertise in intellectual property law make him a highly respected attorney and a valuable asset to clients seeking protection for their intellectual property rights. Wayne can be reached at 480-741-2440 or [email protected]. You can also connect with Wayne on LinkedIn.

Schedule an appointment with Wayne Carroll for a strategy session on protecting and leveraging your intellectual property.