Thursday, October 29, 2020

Start up: how much do you need to patent an idea?

 If a company is solid it means that it has built its foundation on good intuition. When we talk about start-ups, however, how much do we need to patent an idea?

Start-ups are activities that are explicitly requested to stand out for innovation. Therefore, we have reason to fear that the idea behind our business may be stolen from us. In fact, we can say that today an idea counts more than a product with an entrepreneurial history already underway and investors are very easily interested in it.

The question is therefore legitimate: can we patent our start-up today let's try to shed some light on the subject.

What is the patent?

Few people really know what a patent is, or at least what are the dynamics moved by its ancient regulations. The patent is a certificate that allows the owner of an idea to become its legitimate father. In practice, however, paternity remains inapplicable on the idea and therefore is extended to the process that allows the intuition to become something concrete. Ultimately, therefore, the patent allows the inventor of a product or service to claim the rights.

Why patent a startup?

The start-up is not only the result of an idea (if so we would all be successful entrepreneurs), but of sacrifice, ingenuity, skills and above all investments. At the base of an activity that finds a way to see the light there are investments or loans that need to be restored. For this reason, it is legitimate to want to protect the fruit of so much sweat from the competition. If the intentions are reasonable, however, they cannot always lead us to certain solutions: in this case, for example, we must consider that only some things can be patentable.

What can be patented and what cannot

As we have said, contrary to what many believe, it is not possible to patent registration an idea but rather the process that leads it to become a product in all respects. What does this mean? Let's say it comes to mind to create a cake with green tea and rose petals. However creative, intuition alone will not be patentable. To obtain the patent can be the cake or the procedure to obtain it from nothing, then the recipe.

There is another requirement, however, to be respected: only what can have real applicability in the industrial world is patentable. Scientific discoveries, for example, are out of the competition but the procedure for deriving a given system is not. In the case of a start-up, you can therefore patent your product but not the idea from which it was derived.