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Archimedes Intellectual (AI) is a Virginia-based limited liability company (LLC) that was formed by a group of like-minded investors to assist themselves and others in the development, marketing, and licensing of intellectual property. These founders of AI brought to the endeavor skill sets necessary to the eventual success of the company. With almost 100 years of combined experience in business management, marketing, technology, health care, telecom, manufacturing and the intellectual property process, we believe we have the skills and background necessary to successfully shepherd ideas from conception to distribution. An important first step is to document your invention using a "Record of Conception of Invention" (RCI). This step should be completed before you contact anyone regarding your idea. Instructions for creating an RCI can be found in the book Patent It Yourself. Other good reference books include License Your Invention, The Inventor's Notebook, and Patent Pending in 24 Hours. This and other books from Nolo Publishing offer a wealth of information regarding the patent process and are recommended reading. And though they provide do-it-yourself instructions on patenting and licensing, many inventors still turn to the experts in order to successfully navigate the byzantine world of intellectual property protection, marketing, and licensing. If you are interested in discussing or securing our services to assist you in moving your idea through the intellectual property process, we suggest you send us an email at ideas@archimedesintellectual.com. We request that the initial email provide enough background to pique our interest (we limit the number of clients we take on in order to focus our energies on those with the highest potential of success) while being vague enough so as not to divulge any secret or privileged information. For those requests that make it to our review phase, we will schedule a time for a member of our staff to chat with you about your idea (a non-disclosure agreement will precede our discussions in order that your interests are protected). If, following this discussion, our assessment is that your idea is marketable, we will work up a proposal detailing the steps necessary to bring your idea to the marketplace along with our fee structure. If you agree with the proposal, we'll sign a contract and begin getting your idea off the ground and into the marketplace. To paraphrase a renowned business leader, "Only the paranoid survive." This is a perfectly normal and healthy concern; in today's marketplace, there are many charlatans whose sole goal is to abscond with the fruit of your efforts. Having inventors on staff, we fully understand this concern, and this need for reputable representation in this field was one of the driving forces behind the formation of AI. Our interests are in partnering with creative individuals and sharing in their successes, not in stealing their ideas and fighting the inevitable legal battles that would ensue. It's really quite simple; we need to be trustworthy to stay in business. While we are staffed to promote your idea through the myriad steps from conception to distribution, the actual patent filing must be outsourced to a licensed patent attorney. You can choose to pursue this on your own or have us assist you by working through the Washington, DC based firms with whom we've established relationships. The patent attorney will work with you to formulate your idea into a document for submission to the US Patent and Trademark Office. Once you are officially patent-pending (meaning that your patent application has been accepted - though not yet reviewed - by the USPTO), we would begin our marketing efforts with the goal of finding a suitable licensee for your invention. Our fees are assessed on a case by case basis and are determined by such things as market potential, international applicability, complexity (some inventions require multiple patents), and other items that impact the amount of work we would be tasked to do. Our fees are typically structured in such a way that we have a stake in your success. In other words, if we believe in your idea, we are going to make an investment of our time and resources in it as well. Each client's needs are different and each patent filing is unique, but our goal has been and always will be that we are fair and just in our fees. Currently, the USPTO is experiencing a 25 month backlog between when the patent application is filed and when the first office action (review) occurs. Sadly, there is nothing that we can do to accelerate this process. The one bright spot is that the marketing and licensing process can commence once the application is filed (the point at which the invention is considered to be patent pending). Is there a question you have that isn't answered here? Feel free to send us an email or give us a call and we'll do our best to answer it for you. . We look forward to hearing from you! |
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