The Invention Disclosure is a confidential document, and should fully describe the new aspects of your invention, including the critical solution it provides and its advantages and benefits over current technologies.
An Invention Disclosure is a written description of your invention. It can include bullet-point descriptions, manuscripts, drawings, photos. Anything in writing can serve as an Invention Disclosure as long as it describes the essential features of your invention. The Invention Disclosure is the first step in documenting your idea and submitting it to our office for possible patent protection.
Please disclose to OTC before publishing or presenting at conference, which are both considered as public disclosures.
For instructions how to register, click the following link Sophia Instructions.pdf
As an inventor, here is a list of product development questions for you to consider while disclosing your invention:
The first patent application OTC can have filed with the USPTO is a provisional patent application. A provisional is valid for one year and holds your place in line at the USPTO. A provisional is not examined, it is not read, and it never issues as a patent. It gets inventors a filing date for the invention.
Within that one year period, OTC will conduct a triage, or a search for similar ideas and market analysis. Inventors are encouraged to gather more data to support their invention during the one year period, and work together with OTC to determine if a market exists for the technology, whether valuable products could be developed, and locate industry contacts to find potential licensees for the technology.
International patents will not be filed on all inventions. We will work closely with inventors to determine the economic feasibility of filing international patent applications on particular technologies. Such considerations for international filings include technology type, potential product lines, foreign markets, public disclosure, OTC budget constraints, and whether a licensee is willing to pay all international patent fees.
Inventors are copied on all correspondence with our patent lawyers and are informed during the entire process.
The non-provisional patent process can typically take anywhere from 2-5 years, with negotiations between our lawyers and the USPTO (known as prosecution) lasting many years sometimes.
Licensing revenues are distributed in accordance with the Regent’s Rules of the University of Texas System. These rules provide for all costs of patenting and licensing to be recaptured. The remainder of income is divided:
• 50% to Inventors
• 25% to College, Department, or Center
• 25% to UTEP’s OTC
For more info please see the Link to licensing process for detail information.