Tag Archives: Mark Guinto

ILN Today Post

How crowdfunding can bar you from getting a patent

Let’s set the stage: Nikola has a brilliant idea but doesn’t have the time or money to focus on turning his idea into a working product. Nikola hears about a website where he can ask anyone on the internet to donate money to help develop his invention. He will then work on his invention and eventually send a working product to anyone who sent him money. So, when should Nikola file for a patent?

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