Who you, a Guru? After you read these 346 Invention tips, you'll be one. But we're looking to recruit a Guru to blog, write a 101 tip Invention book, and become a leader of this community.
Hot topics for both consumers and webmarketers on WebmasterRadio.FM
Every Wednesday, 4PM Eastern.
July 3, 2009, Newsletter Issue #174: The Drawbacks of Obtaining a Patent?
1
Tip of the Week
By applying for a patent, you must disclose everything about your invention, something some companies find unacceptable. Take the Coca Cola company, for instance. The formula for Coca Cola is one of the world's best-kept trade secrets – unprotected by law. Only a handful of people in the world know the recipe.
Why would Coca Cola want to leave their most precious asset so unprotected? Patents are granted for only 20 years, but a trade secret can be kept for an eternity. And the patent process mandates that you disclose everything about your product, leaving the recipe in the public domain before too long.
Most products can be more easily imitated that Coca Cola, whose individual ingredients are not as easy to take apart and copy. For most others, obtaining a patent is the right choice to make.
2
About LifeTips
Now one of the top on-line publishers in the world, LifeTips offers
tips to millions of monthly visitors. Our mission mission is to make
your life smarter, better, faster and wiser. Expert writers earn dough
for what they know. And exclusive sponsors in each niche topic help us
make-it-all happen.
3
Exclusive Sponsor
This weekly Invention Tips newsletter is brought to you by InventHelp, "The Invent Help People," America's leading inventor service firm. InventHelp can assist you in trying to submit your invention or new product idea to companies, as well as help you obtain affordable patent services. To request more information, visit www.inventhelp.com or call toll-free 1-800-INVENTION.
LifeTips is part of ideaLaunch, the hub for a group of websites offering
solutions that help clients improve mind share, market share and profit online.
