Can I Patent that? A Wade Into The Patentable Subject Matter Thicket
I can’t be the only one who’s experienced this scenario. You’re surrounded by your friends and one of them thinks of an invention that solves a frustrating problem in daily life. Then, one of your friends exclaims: “You should patent that!” As the discussion progresses, the euphoria of potential financial freedom sets in. If only we could commercially exploit this idea, then we’d be financially free–released from our student loan burdens and other debts. Hold on. Before you and your friends liquidate all your assets, apply for a patent (i.e., a time-limited exclusive right to your invention), and book an audition on Shark Tank, let’s go through a few things.
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