Eldredge Law Firm
Free Initial Consultation
Call Now
682-990-2073
Menu Contact
View Our Practice Areas

Default Template

Texas inventors may want to start a new business and enlist the financial aid of investors when they come up with a new or innovative idea. Of the numerous business and legal decisions that need to be addressed during the start-up phase of a new business, considering the need for a patent should possibly be on the list. The problem may be, however, that current patent law may make it difficult to move forward.

Many Texas inventors consider the possible outcomes if they do not put some protections into place for their ideas before beginning the manufacturing and distribution process. This often means seeking a patent. The problem, however, appears to be in getting there first.

There are cases where an inventor or innovator has been "beaten to the punch," as the saying goes. In some of those instances, the patent applications have been so broad as to encompass another person's ideas. This may preclude an inventor from being able to receive a patent. Then, when a product appears that falls, even loosely, into the patent obtained by a so-called "patent troll," a lawsuit is filed alleging patent infringement. Larger companies with the means may simply settle such cases in order to be able to move forward, but many small businesses do not have that opportunity.

This may create an atmosphere in which small companies feel they have no chance to bring their innovations to the public since current patent law tends to allow these circumstances to occur. It may help to bring in a Texas patent attorney as soon as possible in order to get a patent application on file before a business even begins. There may be some upfront costs to deal with, but ultimately, it could save inventors from losing the option to receive a patent and allow their products to enter the marketplace.

Source: realclearmarkets.com, "Making Sure That Patent Law Doesn't Suffocate Innovation", Mead Treadwell, Sept. 21, 2017

No Comments

Leave a comment
Comment Information

Learn More About How We Can Help Your Patent

Email us for a response

Get A Free Initial Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

The Eldredge Law Firm is a Nationwide Intellectual Property Practice

We have convenient offices in Fort Worth, Plano, Mansfield, Allen and Arlington, Texas. We also have offices in Salt Lake City and Sandy.

Plano Office
5068 W. Plano Parkway
Suite 300
Plano, TX 75093

Toll Free: 800-653-6423
Phone: 682-990-2073
Phone: 214-306-9771
Map & Directions

Fort Worth Office
777 Main Street
Suite 600
Fort Worth, TX 76102

Toll Free: 800-653-6423
Phone: 682-990-2073
Phone: 817-406-5919
Map & Directions

Mansfield Office
990 Highway 287 North
Suite 106-199
Mansfield, TX 76063

Toll Free: 800-653-6423
Phone: 682-990-2073
Phone: 817-406-5919
Map & Directions

Allen Office
1333 McDermott Drive
Suite 150
Allen, TX 75013

Toll Free: 800-653-6423
Phone: 682-990-2073
Phone: 214-306-9771
Map & Directions

Arlington Office
2000 East Lamar Boulevard
Ste. 600
Arlington, TX 76006

Phone: 817-406-5919
Map & Directions

Denver Office
600 17th Street
Suite 2800
Denver, Co 80202

Map & Directions

Sugar Land Office
3 Sugar Creek Center Blvd
Suite 100
Sugar Land, TX 77478

Phone: 713-234-1364
Map & Directions

Dallas Office
8117 Preston Road
#300
Dallas, Texas 75225

Map & Directions

Denver Office
7900 E. Union Ave
Suite 1100
Denver, CO 80237

Map & Directions

Houston Office
11811 North Fwy
Suite 500
Houston, TX 77060

Phone: 713-234-1364
Map & Directions

Austin Office
2021 Guadalupe Street
Suite 260
Austin, TX 78705

Map & Directions

Dallas Office
3131 McKinney Ave.
Suite 600
Dallas, TX 75204

Map & Directions