Senator John Cornyn will be giving an update on patent reform on Tuesday October 7, 2014. Capital Factory (701 Brazos Street, Suite 1601) will be hosting this event and here is a link to the Startup Week schedule.
Please attend if possible and urge him to make the next round of changes more entrepreneur friendly. More specifically, let's urge him to restore the one-year grace period that used to follow an offer for sale/attempt to commercialize an otherwise patentable idea. For those who are unaware of this entrepreneur trap, currently in the U.S., an offer for sale immediately invalidates any subsequently filed patent application.
The most common solution to this problem is to file a provisional application before making any offers for sale. In addition, if you have time, examine your business plans and your R&D plans to determine when you will likely be ready to describe your idea well enough that someone of ordinary skill in the art/technology could make, use, operate, etc. your idea and when you expect to start making offers. You should have your provisional on file before that date and/or have a non provisional application on file too (if possible).
We at the Villhard Patent Group would enjoy discussing your plans with you. For more information about us, call (512) 897-0399 or visit us at www.villhardpatent.com.
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