How can I make money with my patent?

Having a patent gives you the right to exclude others form making, using, selling, offering for sale and importing into the United States anything that infringes your patented subject matter. The question is how to use your exclusionary rights to make money. You can do so by marketing your patented invention and using your exclusions to maintain a competitive advantage and market share. Alternatively, you can sell or license your patent rights so that others can capitalize on the exclusionary rights. What will not happen is that your patent application will automatically make money for you. Protecting your invention is merely one aspect to profiting from your invention.

If you would like to discuss your invention or patent application with an experienced patent prosecution attorney, contact me to schedule a free initial consultation.

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