Posted by Paul from MI on September 13, 2014 at 19:23:52 from (204.106.248.120):
In Reply to: Tractor tool patent posted by Heyseed on September 12, 2014 at 22:44:39:
Patents have value only when the covered product is sold. Making and selling the actual patented item is a whole lot different from inventing and obtaining a patent. I have seven patents, all of which were assigned to my employer(who paid me to develop them). As an individual I could never have promoted them or developed a market and actually sold a product. I was well compensated for my efforts over the 45 years I worked, no complaints on my end. On the other hand I know several others who have had good patentable ideas, invested thousands, and lost it all because they overlooked the business side of inventing. After their patents expired, someone picked up the idea and manufactured it or altered it a bit and made it.
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Today's Featured Article - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
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