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RCE and CIP
Increasing Value
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Section at the End of this Newsletter

 

 

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 Newsletter - September 2015
 
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RCE , CIP  Important Acronyms


When the patent office finally notifies you that they are examining your patent, and you receive those first "Office Actions" you will soon be faced with some important decisions.

One of them revolves around two Acronyms which, while very familiar to patent attorneys, usually leave inventors scratching their heads.

RCE,  which stands for "Request for Continued Examination" and  CIP which means " Continuation in Part are those two acronyms.

While at first confusing the easiest way to think of them is that (among other things), they determine what parts of a patent application you and your attorney can change during a patent prosecution.

RCE allows you to change only the claims. And you get three  tries** to find a new set of claims that will  convince the examiner to allow your patent. This video will show you how the patent prosecution process used to work.


 I put the **  after 3 tries in because that used to be the case.  Now you can continue to file RCE's after the third rejection , but you have to start paying the patent office an escalating schedule of fees to do so.

A CIP allows you to change everything in the patent application. Its like starting over, except that you can include (by reference)  all the material in the previous application,  so if you feel that changing the claims alone is not going to be enough to convince the examiner, and you have to add more material or figures to the body of the patent, you will have to file a CIP.

There are other reasons why a CIP may be preferable to an RCE.   Often in the course of the time between filing the patent application and the beginning of prosecution , the inventor will make improvements to the invention.

Unless those improvements were anticipated in the previous filing , new claims cannot be written to cover them since claims must always rest on the text in the body (specification) of the patent.  With a CIP those improvements can be added to the patent application.

CIP's are usually more expensive than RCE's but if there is a need to improve the application or to cover improvements, a CIP may be the best choice.

These are complicated decisions for an inventor to make without help.  If you need some advice about  them, please contact us at BML we will be glad to help out.

email  rblazey@businessmetamorphosis.com 

or  give us a call at  (585) 520-3539  

 

ITTr Logo
Increasing the Value of your Invention

One of the services we currently provide for free at ITTr is ROTH patent valuation.  This simple tool is quite useful in telling us how salable a patent might be and what it might be worth.  

Basically a ROTH measures how developed an idea might be.  That is because the  closer an invention is to the marketplace the easier it is to find a buyer and the more money they will be willing to pay for it.

When we review ROTH scores we often find that the invention receives a much lower score than might be warranted because some important task in the product development process has not yet been completed or it might be that there is a major barrier that must be surmounted in order to get to the marketplace.

For example, medical products often require FDA approval.  Depending on the type of medical product the cost of that approval can range from 10's of thousands to literally Billions of dollars.  However there are often strategies to reduce or circumvent those costs.

For example a new drug is the most expensive type of FDA approval.  However, if the new drug is offered as a Neutraceutical instead of a Pharmaceutical,  no 
FDA approval is required.  This is a strategy in increased use today.

Most often the barriers to be surmounted which cause lower scores are a result of the inventor not having sufficient funds. So, for example if an inventor has no samples or demonstrations  it may be because he cannot afford them.

This is the place where low cost strategies and novel fundraising schemes such as Crowd Funding may be a solution.

If you need help in improving your ROTH score and/or selling or licensing your patent, ITTr is there for you.  Just contact us using the information below.



For more information write to rblazey@ittrifecta.com or call (585) 520-3539


Trade Show Tricks
Penguin Logo
One of Penguin's products is called Trade Show Followup.  I recently had a chance to attend a trade show and while attending  , I experimented with some tricks I learned from noted sales trainer, Jeffrey Gitomer.

  In fact I listened to his video on networking just before I left for the show.   I can't say that I was able to follow all of Jeffrey's recommendations , but I can say that this visit was more productive than past visits to trade shows because of them.

One thing that Jeffrey says is not to spend too much time talking to your friends at networking events.  This is not easy to do because your friends will often spot you even if you aren't actively pursuing them.  But I used Jeffrey's message to cut my visits with friends short(er)  saying,  that my coach Jeffrey says "not to spend too much time talking to friends".  They almost always agreed and I got a laugh too.

Another thing I learned  from this show is that leads often come from unexpected sources.  Jeffrey also counsels  to get the other person to first talk about themselves before telling them all about yourself.  That is how when I talked to a  Benefits Administrator, I learned that he was also an inventor of a sanitizing cloth.   I got a referral from a stock broker to a woman who runs a high school training program for young entrepreneurs.

Throughout the event I collected cards and handed them out.  I didn't have a large stack at the end but even putting those cards into my system took time. If I had followed all Jeffrey's recommendations I might have had 50 cards or more.

I realized that a vendor who might have collected hundreds of cards in his/her fishbowl would have a lot more  work to do than I did as an attendee. 

Getting those cards into a system is only the first thing trade show followup does.  It will also allow you to connect to those prospects, and probably a lot sooner than if you had to call  them all yourself.

To learn  more about TSF and how it works give us a call.


to rblazey@rochester.rr.com or

 visit our website at www.rochesterpenguingroup.com
 or call us at (585) 520-3539
We appreciate your responses to our newsletters.  Please send us your comments.  We are always interested in what you want to know.  See the New Letters to the Editor link in the block below
 
Sincerely,
 

Richard Blazey
Business Metamorphosis LLC

Comments and Letters to the Editor

 

To Readers of the BML Newsletter:

 

Many of you have wished to comment on articles in the newsletter and up until now there has been no mechanism to do so.  Now if you wish to comment you can just reply to this article.  Please mention the issue of the Newsletter (Month, Yr) and the title of the article you are commenting on.  Add your name if you wish

 

Best Regards,

 

Dick Blazey

 




 

Disclaimers 

 
Please realize that this newsletter contains only our opinions on patent matters.  We are not authorized to give legal advice.  If you are seeking such advice please contact an attorney.
 

 

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