Software Patent Ruling of 2014

The future of software patenting took a blow on June 19, 2014, after the Supreme Court's verdict to invalidate computer based ideas having no invention or innovation. This decision was made in the recent Supreme Court ruling in the CLS bank v. Alice Corporation case. Plaintiff and Defendant are both huge financial institutions sparring over a series of patents that involve "intermediary settlem...
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Best Way to Make Money with a Patent

In the world of inventions, there is usually a large amount of misinformation. Believe it or not, most of the misinformation is intentional. There are many manufacturers out there who want inventors to believe all that is needed to make a fortune with inventions is coming up with a good idea. Invention licensing is the best way for an inventor to make money. This is because it will allow ...
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Understanding USC 103

If you are a business person, you will understand that competition is a real challenge within every industry. However, some people opt to protect their ideas and inventions from infringement by other people within their own industry. Therefore, they seek a legal right to own those ideas and inventions for themselves; depriving others of the opportunity to steal or use their ideas. The legal righ...
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