Step 4: Perform invention triage

  • Is the invention patentable?

    Preliminary novelty search
    Evaluate patentability under U.S. rules

  • Who is/are the inventor(s)?

  • Is the invention valuable?

    Legal monopoly
    Barrier to entry
    Source of royalty income
    Bargaining chip

  • Is patenting appropriate?

    Long economic life?
    Patent pending--FUD, creates asset
    Publication, only if file outside U.S.
    Secrecy--string of related applications
    Cost of enforcement, inventors win 80%
    Impact of Goverment license