Flowchart
of Action
1. Inventor contacts Patent Search Engine (PSE) or vice versa. In 2020, there were about 3.34 million
patents in force in the United States. Assuming there is a 10%
increase since 2020, today there are about 3.7 million patents in force
in the United States. In 2021, a total number of 650,654 patent applications were
filed at the U.S. Patent and Trademark Office. Assuming there is
a 10% increase since 2020, presently a total number of 716,000 patent
applications are filed at the U.S.P.T.O.
That is the PSE should obtain approximately 4.5 million sell sheets from their inventors.
2. Inventor transfers
(or provides a link to) the invention's Sell Sheet to the PSE.
2b.
Optional: PSE charges the inventor a fee for this service (see #3 and #4).
3. The PSE creates a link to the invention's Sell Sheet on the digital patent document.
4. PSE can then create a repository of sell sheets and advertise it to companies within that specific sub-industry,
market niche or to venture capitalists and angel investors making them aware of
new inventions available for partnership, licensing or sale within their
industries or market niche.