Where can I purchase a patent?

If you are one of the many inventors or entrepreneurs looking to buy or sell patents, here are some great places to do so:

• Free Marketplaces. Patent Mall. PatentAuction.com.
• Paid Marketplaces. Yet2.com. IAM Market.
• Patent Brokerage Marketplaces. ICAP Patent Brokerage. IP Trader.
• Programs for Patent Owners. Marathon Patent Group.

Is it possible to buy patents?

To buy a particular patent, make the owner an offer. Whoever owns the patent has the legal right to sell it to you if your offer is good enough. If the owner is a business, you can negotiate to buy the company, acquiring the patent as one of the business assets. The site will identify the owner or owners.

How much is it to buy a patent?

A patent can cost from $900 for a do-it-yourself application to between $5,000 and $10,000+ with the help of patent lawyers. A patent protects an invention and the cost of the process to get the patent will depend on the type of patent (provisional, non-provisional, or utility) and the complexity of the invention.

Can you buy old patents?

You can buy an expired patent by performing a patent search through the USPTO website (more on this later) and checking to see if the patent has expired. Once you find a patent that has expired and you want to buy, you can go ahead and contact the patent owner to negotiate purchasing the patent.

Does the government buy patents?

It has been the general practice, when inventions have been made which are desirable for government use either for the government to purchase them from the inventors, and use them as secrets of the proper department; or, if a patent is granted, to pay the patentee a fair compensation for their use.

What is the most a patent has sold for?

1. And the biggest deal is AOL’s $1.05 billion sale to Microsoft! In April, AOL sold Microsoft 925 patents covering Internet technology.

Is it hard to get a patent?

Since patents are legal articles, they can be somewhat difficult to obtain. Once you’ve determined precisely what you want to patent, you’ll need to do a patent search to make sure someone else hasn’t already come up with the idea. If your idea is truly new, you’ll need to fill out a hard copy or online application.

Why do people buy expired patents?

Buying an expired patent provides you with the rights of the original patent holder provided that you pay the overdue maintenance fees and reinstatement fees. When a patent expires, the buyer will be able to reinstate the patent by paying the outstanding maintenance fee and paying a reinstatement fee.

How many years is a patent good for?

20 years
A U.S. utility patent, explained above, is generally granted for 20 years from the date the patent application is filed; however, periodic fees are required to maintain the enforceability of the patent.