how to patent a trading strategy
- Thread starter looser89
- Start date
PATENT
A Patent is a monopoly right granted to person who has invented a new and useful article or an improvement of an existing article or a new process of making an article
INVENTIONS PATENTABLE
Art, Process, Method or Manner of manufacture;
Machine, Apparatus or other Articles;
Substances produced by Manufacturing
Computer Software which has Technical application to Industry or is used with Hardware
Product Patent for Food / Chemical / Medicines or Drugs
INVENTIONS NOT PATENTABLE
Frivolous or obvious inventions.
Inventions which could be contrary to law or morality or injurious to human, animal or plant life and health or to the environment.
Mere discovery of the scientific principle or the formulation of an abstract theory or discovery of any living thing or non-living substances occurring in nature
Mere discovery of any new property or mere new use for known substance or the mere use of a known process, machine or apparatus- unless results to new products or employs one new reactant.
Producing a new substance by mere admixtures of substances.
Mere arrangement / rearrangement or duplication of known devices functioning independently.
Method of agriculture and horticulture
Any process for the medicinal or surgical, curative prophylactic, diagnostic, therapeutic or other treatment of human beings, animals to render them free of disease or to increase their economic value or that of their products.
The biological processes for production or propagation of plants and animals in whole or any part thereof other than micro-organisms but including seeds, varieties and species (new plant varieties can be protected by the protection of plant varieties and farmers act 2001).
A mathematical or business method or algorithms.
A Computer Programme per se other than its technical application to industry or a combination with hardware.
Aesthetic creation including cinematography and television production.
Method for performing mental act or playing game.
Presentation of information.
Topography of Integrated Circuits.
Invention which in effect, is traditional knowledge or which is an aggregation or duplication of known properties of traditionally known components.
Inventions relating to Atomic Energy.
A Patent is a monopoly right granted to person who has invented a new and useful article or an improvement of an existing article or a new process of making an article
INVENTIONS PATENTABLE
Art, Process, Method or Manner of manufacture;
Machine, Apparatus or other Articles;
Substances produced by Manufacturing
Computer Software which has Technical application to Industry or is used with Hardware
Product Patent for Food / Chemical / Medicines or Drugs
INVENTIONS NOT PATENTABLE
Frivolous or obvious inventions.
Inventions which could be contrary to law or morality or injurious to human, animal or plant life and health or to the environment.
Mere discovery of the scientific principle or the formulation of an abstract theory or discovery of any living thing or non-living substances occurring in nature
Mere discovery of any new property or mere new use for known substance or the mere use of a known process, machine or apparatus- unless results to new products or employs one new reactant.
Producing a new substance by mere admixtures of substances.
Mere arrangement / rearrangement or duplication of known devices functioning independently.
Method of agriculture and horticulture
Any process for the medicinal or surgical, curative prophylactic, diagnostic, therapeutic or other treatment of human beings, animals to render them free of disease or to increase their economic value or that of their products.
The biological processes for production or propagation of plants and animals in whole or any part thereof other than micro-organisms but including seeds, varieties and species (new plant varieties can be protected by the protection of plant varieties and farmers act 2001).
A mathematical or business method or algorithms.
A Computer Programme per se other than its technical application to industry or a combination with hardware.
Aesthetic creation including cinematography and television production.
Method for performing mental act or playing game.
Presentation of information.
Topography of Integrated Circuits.
Invention which in effect, is traditional knowledge or which is an aggregation or duplication of known properties of traditionally known components.
Inventions relating to Atomic Energy.
check with them : http://www.sna-ip.com/ (SUBRAMANIAM, NATARAJ & ASSOCIATES
ATTORNEYS-AT-LAW ,PATENT AND TRADEMARK AGENTS )
ATTORNEYS-AT-LAW ,PATENT AND TRADEMARK AGENTS )
No point in trying to get a patent for your trading strategy. Try to make money with it instead.
1. Trading methods are not patentable subject matter. An agent may tie it up with hardware of try to show industrial application, but that will make the claims so narrow that it will be useless to enforce.
2. Patent grant in India can taken upto 2-3 years, assuming you are lucky to get it to be accepted. Are you willing to wait for that much time?
3. There is a concept of design around. Once out in the public domain in the form of a patent, people can make minor modifications to your strategy, which will be considered as a new strategy. In layman's terms, it means it will be very difficult to enforce such a patent. No sane businessman will pay for something which he can get free of cost.
Think about it
1. Trading methods are not patentable subject matter. An agent may tie it up with hardware of try to show industrial application, but that will make the claims so narrow that it will be useless to enforce.
2. Patent grant in India can taken upto 2-3 years, assuming you are lucky to get it to be accepted. Are you willing to wait for that much time?
3. There is a concept of design around. Once out in the public domain in the form of a patent, people can make minor modifications to your strategy, which will be considered as a new strategy. In layman's terms, it means it will be very difficult to enforce such a patent. No sane businessman will pay for something which he can get free of cost.
Think about it
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