July 9, 2024, Weekly Patents Insights

Welcome to the 9th of July 2024: A glimpse at what’s new in weekly patents insights on recent patent grants that have been issued across various industries.

New weekly (July 9, 2024) USPTO Patents data have been added.

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An inventor’s idea might not take off for several reasons. The acronym FUMBLE FACTORS captures the key elements that can cause an idea to fail. Understanding and navigating these challenges can significantly increase the chances of success.

FUMBLE FACTORS:

• Funding: Without sufficient funding, it can be challenging to develop, market, and scale the invention.
• User Experience: A product that is difficult to use or does not deliver a satisfactory experience will quickly be abandoned by users.
• Market Need: If the idea does not address a real need, it won’t gain traction.
• Bureaucracy (Regulatory Hurdles): Complex regulatory requirements can stall progress.
• Lack of Awareness: Inadequate marketing and visibility can prevent the idea from reaching its audience.
• Execution: Poor execution can doom a good idea.
• Fierce Competition: Strong competitors can overshadow an inventor’s efforts.
• Adaptability: Inventions must evolve based on feedback and market conditions.
• Cohesive Team: A skilled and cohesive team is crucial for development and marketing.
• Timing: Entering the market too early or too late can hinder success.
• Oversaturation: A crowded market can make it hard for new inventions to stand out.
• Resources: Adequate resources are essential for turning an idea into a successful product.
• Scalability: Some ideas work well on a small scale but face challenges when growing.

Which inventors have the most amount of collaborators?

_{Please scroll to the bottom of this newsletter to find out.}

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July 9, 1968 – US patent #3,392,261 for the “Portable Beam Generator,” also known as a hand-held laser ray gun, was granted to inventor Frederick R. Schellhammer.

Top Inventors (by Utility Patents):

1. Tao Luo, 12 patents (Qualcomm)
2. Esmael Dinan, 9 patents (Ofinno)
3. Dawei Zhang, 9 patents (Apple)
4. Donghoon Lee, 8 patents (LG Electronics)
5. Hong He, 8 patents (Apple)
6. Weidong Yang, 8 patents (Apple)
7. Frederick E. Shelton, IV, 7 patents (Cilag, Ethicon)
8. Yushu Zhang, 7 patents (Apple)
9. Chunxuan Ye, 7 patents (Apple)
10. Haitong Sun, 7 patents (Qualcomm)
11. Oghenekome Oteri, 7 patents (Apple)
12. Kai Zhang, 7 patents (ByteDance)
13. Li Zhang, 7 patents (ByteDance)

Top Universities:

1. Stanford Junior University – 9
2. University of California – 7
3. Arizona State University – 6
4. Massachusetts Institute of Technology – 6
5. University of Texas System – 5
6. Harvard College – 5
7. King Fahd University of Petroleum and Minerals – 5
8. University of Michigan – 4
9. University of Colorado – 4
10. Yale University – 4

Top Attorneys:

1. Sughrue Mion – 122
2. Fish & Richardson – 114
3. Birch, Stewart, Kolasch & Birch – 106
4. Kilpatrick Townsend & Stockton – 98
5. Foley & Lardner – 80
6. Banner & Witcoff – 77
7. Sterne, Kessler, Goldstein & Fox – 75
8. Cantor Colburn – 72
9. Oblon, McClelland, Maier & Neustadt – 72
10. Harness, Dickey & Pierce – 72

Top Cities in Wisconsin (US):

1. Greendale – 6
2. Madison – 5
3. Wauwatosa – 4
4. Neenah – 4
5. Appleton – 4
6. Waukesha – 4
7. Brookfield – 3
8. Oshkosh – 3
9. Sheboygan – 3
10. Muskego – 3

Recent Posts:

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Inventors with Similar Research Interest

To encourage more introductions and foster collaborations between inventors, we have launched the “Birds of the Same Inventor Feathers” initiative. 

For now, we have restricted this to Inventors with 50 patents. This algorithm is based on a similar research interest focus.

Get Acquainted with
The UpFront Research Report

Join IDiyas in our community effort to provide comprehensive USPTO inventor– patent data reports, essential for critical tasks in Freedom to Operate and Patent Landscaping. Our reports empower you to make informed decisions that shape your innovation’s future, saving you time, money, and effort.

Download one of our reports for FREE and share your feedback with us. We will provide you with a complimentary UpFront Research Report tailored to your chosen topic.

Available in PDF and HTML formats, our Report includes topic-specific listings of CPC codes, patents, patent applications, inventors, attorneys, assignees, and geographic locations with direct links. Use it to discover key inventors, potential collaborators, sector-specific patents, timing of inventor activities, potential licensees, and the chronological development of technologies.

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The 2nd Annual IDiyas Charlotte Innovation Summit is on September 26, 2024