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More frequently, many of my clients have been approaching me regarding the topic of patenting their unique business model, i.e. methods of doing business. So can a method of doing business be patentable? Yes. In 1998, the United States Court of Appeals for the Federal Circuit ruled that the patent laws did extend to protect any method so long as it produced a useful, concrete and tangible result. The case spawned a slew of business method patents and Internet patents. The most cited example of business method patents has been Amazon’s One-Click” system, which allows a prior customer to place a new order without having to reenter
the customer s address and credit card data when placing an order online (U.S. Pat. No. 5,960,411). Some other examples of business method patents are: an internet auction system in which a user names the highest prices they are willing to pay and the first seller gets the purchase (U.S. Pat. No. 5,794,207); a method that gives a monetary incentive to citizens to view political messages on the Internet (U.S. Pat. No. 5,855,008).
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Patent numbers are issued sequentially, beginning with the number one. Patent number one was issued to Samuel Hopkins on July 31,1790. It took 75 years for the United States Patent and Trademark Office (USPTO) to issue patent number 1,000,000. Patent number 7,000,000 was issued February 14, 2006. It took only seven years for the USPTO to move from issuance of patent number 6,000,000 to 7,000,000.
What does this mean? Simply, there is more creativity now that at any time in history. The old saw that there is nothing new is completely wrong. There has never been so many people and entities creating novel, unique products, technology and services, and so driven to commercialize these inventions. More patents
Trademarks An Exercise In Patience ...send it in. Once you do, it is time to sit and wait some more often two to four months. It can be maddening. The process can often take more than a year to play out. Whether you attempt to ...
and entrepreneurs attempting to market their products is indicative that there is more competition for successful placement.
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